Brick Duplex with Original
For Sale
$199,900
4016 Hogarth Street, Detroit, MI 48204
Multifamily, 2 Story, Detroit, MI
Property Size1,372 SF
Lot Size0.09 Acres
Price / SF$145.70
Days on Market50
Property Features for 4016 Hogarth Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 2, Bedroom 3, Bedroom 4, Basement, Bathroom 1, Bedroom 1, Bathroom 2
Pets allowed
Yes
Subdivision
Holden & Murrays Sub
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
Grand River to Grand Blvd.
Standard status
Active
APN
W14I002480S
Size
1,372 SF
Lot size
0.09 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
N HOGARTH 67 HOLDEN & MURRAYS SUB L27 P60 PLATS, W C R 14/160 35 X 106.05
Tax Annual Amount
1996
Legal Description
N HOGARTH 67 HOLDEN & MURRAYS SUB L27 P60 PLATS, W C R 14/160 35 X 106.05
Utilities
Heating system
Forced Air
Building Details
Year built
1916
Floors in Building
2
Number of units
2
Building materials
Brick
Architectural style
Other
Buildings
1
Listing Agency:
KW Metro · Keller Williams Realty
Listed By:
Clayton Neal
(248) 288-3500
Added: Sep 10
Changed: Oct 24
Last Checked: Oct 29 at 9:06AM
MLS# 20261073227
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.
Built in 1916, this 1,372-square-foot brick duplex includes two residential units, each with a private entrance and a two-bedroom, one-bath layout. Both units feature living rooms with natural brick fireplaces, formal dining areas, offices, and individual basement space. Original woodwork remains throughout the home, preserving its period character. Forced-air heating serves the property, which occupies a 0.09-acre lot and is zoned Residential.
The upper unit is leased at $1,200 per month, while the second unit is vacant. The property is located near Detroit’s New Center, Midtown, and Downtown areas, with Henry Ford Hospital, the Motown Museum, and the Fisher Building identified nearby.
The upper unit is leased at $1,200 per month, while the second unit is vacant. The property is located near Detroit’s New Center, Midtown, and Downtown areas, with Henry Ford Hospital, the Motown Museum, and the Fisher Building identified nearby.
Key Highlights
- Two‑unit brick duplex built in 1916
- 1,372 square feet on a 0.09‑acre lot
- Each unit offers 2 bedrooms, 1 full bath, and a private entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,680
Cap Rate
7.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$313,600
$313.6K
Cap Rate 7%
$224,000
$224.0K
Cap Rate 9%
$174,222
$174.2K
Market Conditions
NOI Build-Up for 1,372 SF
Gross rent
$23.9K $17.40/SF
− Vacancy
−$1.5K −$1.07/SF
EGI
$22.4K $16.33/SF
− OpEx
−$6.7K −$4.90/SF
NOI
$15.7K $11.43/SF
Area
Detroit, MI
Vacancy
6.17%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$313,600
Cap Rate 7%
$224,000
Cap Rate 9%
$174,222
Alternative Uses
Best Use
Multifamily LT 5
$224.0K
$196.0K – $261.3K
NOI $15,680 @ 7.0% cap · market cap 7.84%
Second Best
Apartment 5plus
$205.6K
$179.9K – $239.9K
NOI $14,393 @ 7.0% cap · market cap 7.20%
Theoretical Best
Office A
$302.7K
$264.8K – $353.1K
NOI $21,187 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
345
Businesses Nearby
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Business Placement
Demographics for 48204, MI
21,738
Population
13,691
Households
1.6
Avg Household Size
37
Median Age
10%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
4,348
Density / Sq Mi
$32,875
Median Household Income
$26,701
Median Earnings
$970
Median Rent
$53,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-story residential income property with separate entrances, private basement areas, and one vacant unit available for occupancy.
Where is this duplex located?
The property is located at 4016 Hogarth Street Detroit, MI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two‑unit brick duplex built in 1916; 1,372 square feet on a 0.09‑acre lot; Each unit offers 2 bedrooms, 1 full bath, and a private entrance
