4400 Buckingham Avenue Detroit, MI 48224
MULTI_FAMILY - Colonial - Detroit, MI
- Added:
- May 1, 2026
- Days on Market:
- 75
- Last Refresh:
- Jul 14 at 8:06 am
Property Features for 4400 Buckingham Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Multi-Family,Residential
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Basement
- Pets allowed
- Yes
- Standard status
- Active
- APN
- W21I069685S
- Size
- 2,084 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Description
- E BUCKINGHAM 797 EAST DETROIT DEVELOPMENT COS SUB NO 1 L36 P19 PLATS, WCR 21/427 40 X 114
- Tax Annual Amount
- 3385
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1928
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Brick, Wood
- Architectural style
- Colonial
Listing agent Adrian Quinlan (248) 385-3350
Listing office DOBI Real Estate 2211 Cole Street, Birmingham, MI (248) 385-3350
Listing date May 1, 2026
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Investment Insights
Based on property information with market context.
The property is located in Detroit, Michigan, with zoning identified as Multi-Family and Residential. Additional details include a lot size of 0.11 acres and a total property size of 2,084 square feet.
With two well-defined residential units and consistent updated finishes across the property, the duplex configuration is straightforward for an owner-operator or investor seeking a multi-unit rental setup within Detroit’s multi-family residential zoning designation.
Key Highlights
- Updated duplex built in 1928 with Colonial architectural style
- 2‑bedroom, 1‑bath layout in each unit
- Renovated bathrooms and updated flooring throughout
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.8k | $17.64 |
| − Vacancy | −$2.4k | −$1.15 |
| EGI | $34.4k | $16.49 |
| − OpEx | −$15.5k | −$7.42 |
| NOI | $18.9k | $9.07 |
