Two-Unit Residential Income
4484 4th Street Ecorse, MI 48229
4484 4th Street, Ecorse, MI, 48229
$99,900
For Sale
$99,900
Tenant-occupied duplex with a detached garage and a lower unit currently rented through Section 8.
Property Size750 SF
Price / SF$133.20
Days on Market140
Property Features for 4484 4th Street
General Information
- Standard status
- Active
- Size
- 750 SF
- Property subtype
- Multi Family / 2 to 4 Units
Building Details
- Year Built
- 1918
Listing agency
Arterra Luxe Collection LLC
(313) 689-8836
Listed by
Kristina Khalifeh · License #6501427644
(313) 689-8836
Source
Compass
Added: Mar 4 Updated: Jul 22 at 5:44PM Checked: Jul 22 at 5:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Arterra Luxe Collection LLC
Investment Insights
Based on property information with market context.
This two-unit residential income property includes a lower unit and an upper unit, configured as a duplex. The lower unit is tenant-occupied and currently rented through Section 8 at $895 per month, providing immediate rental income. The upper unit can generate additional rental income for an investor or support an owner-occupant model where one unit is lived in while the other is rented. A detached garage on the property may also provide additional rental income.
Located at 4484 4th Street in Ecorse, Michigan (48229), the property is described as having convenient access to major roads and is positioned near shopping and dining. It offers easy access to surrounding Downriver communities and Detroit.
For-sale as a residential income asset, the property’s unit and accessory layout supports multiple income streams through the existing tenant arrangement and the potential to rent the remaining unit and garage space.
Located at 4484 4th Street in Ecorse, Michigan (48229), the property is described as having convenient access to major roads and is positioned near shopping and dining. It offers easy access to surrounding Downriver communities and Detroit.
For-sale as a residential income asset, the property’s unit and accessory layout supports multiple income streams through the existing tenant arrangement and the potential to rent the remaining unit and garage space.
Key Highlights
- Tenant‑occupied duplex with lower unit rented through Section 8 for $895/month
- Upper unit provides additional income potential for investors or owner‑occupants
- Forced air heating with natural gas heat source
Local Financial Insights For Multifamily LT 5
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 | $11.3k | $15.00 |
| − Vacancy | −$731 | −$0.98 |
| EGI | $10.5k | $14.03 |
| − OpEx | −$3.2k | −$4.21 |
| NOI | $7.4k | $9.82 |
750 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$105.2K
$92.0K – $122.7K
NOI $7,363 @ 7.0% cap · market cap 7.37%
Second Best
Apartment 5plus
$96.6K
$84.5K – $112.7K
NOI $6,761 @ 7.0% cap · market cap 6.77%
Theoretical Best
Specialty Retail
$138.9K
$121.5K – $162.0K
NOI $9,720 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Tenant-occupied duplex with a detached garage and a lower unit currently rented through Section 8.
Where is this duplex located?
The property is located at 4484 4th Street Ecorse, MI.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Tenant‑occupied duplex with lower unit rented through Section 8 for $895/month; Upper unit provides additional income potential for investors or owner‑occupants; Forced air heating with natural gas heat source
