Brick Quadplex for
3776 Tuxedo Street, Detroit, MI 48206
For Sale
New
Contact for pricing
Multifamily, 2 Story, Detroit, MI
Property Size3,420 SF
Lot Size0.10 Acres
Price / SF$4.39
Days on Market5
Property Features for 3776 Tuxedo Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Pets allowed
Subdivision
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Heating system
Water source
Building Details
Year built
Floors in Building
Number of units
Building materials
Architectural style
Listing Agency:
RCH Brokerage Legacy Inc
Listed By:
Leonard A Pickett III · License MI #6501306589
(248) 440-2268
Added: Nov 6
Changed: Nov 7
Last Checked: Nov 10 at 3:06AM
MLS# 20261089970
Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This two-story brick quadplex contains 3,420 square feet on a 0.1-acre lot. Built in 1925, the property requires full rehabilitation. The room information includes eight bedrooms, four bathrooms, and a basement.
Located in Detroit’s Nardin Park neighborhood, the property is zoned R2. A Detroit Land Bank Authority tax capture applies for the five tax years following transfer of ownership; its relationship to any tax abatement may affect the purchaser’s plans. The authority reviews requests to waive the capture and may require a payment in lieu of taxes.
Located in Detroit’s Nardin Park neighborhood, the property is zoned R2. A Detroit Land Bank Authority tax capture applies for the five tax years following transfer of ownership; its relationship to any tax abatement may affect the purchaser’s plans. The authority reviews requests to waive the capture and may require a payment in lieu of taxes.
Key Highlights
- Four‑unit brick property with 3,420 square feet
- Two‑story building constructed in 1925
- Situated on a 0.1‑acre lot in Detroit’s Nardin Park neighborhood
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,878
Suggested Prices Based on Cap Rates
Cap Rate 5%
$717,560
$717.6K
Cap Rate 7%
$512,543
$512.5K
Cap Rate 9%
$398,644
$398.6K
Market Conditions
NOI Build-Up for 3,420 SF
Gross rent
$69.8K $20.40/SF
− Vacancy
−$4.5K −$1.33/SF
EGI
$65.2K $19.07/SF
− OpEx
−$29.4K −$8.58/SF
NOI
$35.9K $10.49/SF
Area
Detroit, MI
Vacancy
6.50%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$717,560
Cap Rate 7%
$512,543
Cap Rate 9%
$398,644
Alternative Uses
Best Use
Multifamily LT 5
$558.4K
$488.6K – $651.4K
NOI $39,085 @ 7.0% cap
Second Best
Apartment 5plus
$512.5K
$448.5K – $598.0K
NOI $35,878 @ 7.0% cap
Theoretical Best
Office A
$754.5K
$660.2K – $880.2K
NOI $52,813 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
281
Businesses Nearby
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Business Placement
Demographics for 48206, MI
15,712
Population
10,784
Households
1.5
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
3.1 sq mi
ZIP Area
5,068
Density / Sq Mi
$43,702
Median Household Income
$36,674
Median Earnings
$923
Median Rent
$102,300
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Detroit, MI
Properties on Market for Quadplexes in Detroit
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - The two-story residence is configured as a four-unit property and requires comprehensive renovation.
Where is this quadplex located?
The property is located at 3776 Tuxedo Street Detroit, MI.
What are key features of this property?
This property features: Four‑unit brick property with 3,420 square feet; Two‑story building constructed in 1925; Situated on a 0.1‑acre lot in Detroit’s Nardin Park neighborhood
