Duplex with Finished
For Sale
$249,900
4730/4732 4732 Holt Rd, Holt, MI 48842
Two-bedroom duplex with a finished basement and the potential for rental income from one side.
Property Size1,044 SF
Price / SF$239.37
Days on Market65
Property Features for 4730/4732 4732 Holt Rd
General Information
Standard status
Active
Size
1,044 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Listing Agency:
Coldwell Banker Professionals-Delta
(517) 321-1000
Listed By:
J. Jeff Watson · License #6501271351
(517) 202-9976
Source:
Exprealty
Added: Aug 20
Changed: Oct 7
Last Checked: Oct 23 at 12:14PM
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 Coldwell Banker Professionals-Delta
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex at 4730/4732 Holt Rd includes 2 large bedrooms, 1.5 baths, and a finished basement. The layout supports owner occupancy in one side while the other side generates rental income.
The property is located in Holt, MI, approximately 1/2 mile west of Holt Plaza. Property size is listed as 1044.
The property is located in Holt, MI, approximately 1/2 mile west of Holt Plaza. Property size is listed as 1044.
Key Highlights
- Duplex at 4730/4732 Holt Rd, Holt, MI 48842
- 2 large bedrooms and 1.5 baths
- Finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,463
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$189,260
$189.3K
Cap Rate 7%
$135,186
$135.2K
Cap Rate 9%
$105,144
$105.1K
Market Conditions
NOI Build-Up for 1,044 SF
Gross rent
$14.4K $13.80/SF
− Vacancy
−$889 −$0.85/SF
EGI
$13.5K $12.95/SF
− OpEx
−$4.1K −$3.88/SF
NOI
$9.5K $9.06/SF
Area
Ingham County, MI
Vacancy
6.17%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$189,260
Cap Rate 7%
$135,186
Cap Rate 9%
$105,144
Alternative Uses
Best Use
Multifamily LT 5
$135.2K
$118.3K – $157.7K
NOI $9,463 @ 7.0% cap · market cap 3.79%
Second Best
Apartment 5plus
$121.5K
$106.3K – $141.7K
NOI $8,504 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$167.7K
$146.8K – $195.7K
NOI $11,741 @ 7.0% cap · market cap 4.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
310
Businesses Nearby
Explore this area
Business Placement
Demographics for 48842, MI
21,548
Population
9,573
Households
2.3
Avg Household Size
40
Median Age
39%
College-Educated
93%
High-School Grad
17.2 sq mi
ZIP Area
1,253
Density / Sq Mi
$86,830
Median Household Income
$50,275
Median Earnings
$1,245
Median Rent
$211,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom duplex with a finished basement and the potential for rental income from one side.
Where is this duplex located?
The property is located at 4730/4732 4732 Holt Rd Holt, MI.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Duplex at 4730/4732 Holt Rd, Holt, MI 48842; 2 large bedrooms and 1.5 baths; Finished basement
