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    Turnkey Duplex with Separate Utilities Title is generated by Realmo AI

    4826 Yorkshire Road, Detroit, MI 48224

    View on Map
    Claim this Listing
    For Sale
    $254,999

    MULTI_FAMILY - Colonial - Detroit, MI

    Property size:
    2,309 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $110/SF
    Added:
    Mar 11, 2026
    Days on Market:
    106
    Last Refresh:
    Jun 24 at 3:06 pm

    Property Features for 4826 Yorkshire Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Residential
    Bedrooms
    5
    Bathrooms
    2
    Rooms
    Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Basement, Bedroom 3, Bedroom 5, Bedroom 1
    Parking
    2
    Exterior features
    Awning/Overhang(s)
    Standard status
    Active
    APN
    W21I073173S
    Size
    2,309 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Description
    E YORKSHIRE 33 GROSSE POINTE VIEW SUB L48 P35 PLATS, W C R 21/717 40 X 123.49A NEZH CERT #2006-1757, NEZ PARCEL #27061757.
    Tax Annual Amount
    8524

    Utilities

    Heating system
    Forced Air, Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1929
    Floors in Building
    2
    Number of units
    3
    Building materials
    Brick
    Roof type
    Asphalt
    Architectural style
    Colonial

    We can help!

    Contact an agent
    Revanda Benno

    Listing agent Revanda Benno

    Listing office EXP Z Real Estate 40020 W 12 Mile Rd, MI

    Listing date Mar 11, 2026

    MLS# 20261014895 Listing URL

    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.

    HighLights

    • Two‑unit multifamily duplex built in 1929 with Colonial architectural style
    • Brick exterior with asphalt roof
    • Separate heating systems and water heaters for each unit (Forced Air and Hot Water)
    • Public water source; tenants pay gas and electricity, owner covers water
    • New gutters installed in Summer 2025
    • Off‑street parking plus private garage and a spacious backyard with a dedicated recreation area

    Overview

    This turnkey duplex offers two separate units within one residential property at 4826 Yorkshire Road. Each unit has its own HVAC system and water heater, which simplifies maintenance and utility management. The arrangement includes tenant responsibility for gas and electricity, while the owner covers water. Exterior updates include new gutters installed in Summer 2025.

    The property is zoned Residential and sits on a 0.11-acre lot. On-site parking is available with off-street spaces plus a private garage. Outside, the duplex includes a spacious backyard with a dedicated recreation area.

    For buyers seeking an immediately usable residential income property, the duplex is presented with two reliable, long-term tenants already in place. The separate mechanical systems and straightforward utility split can help streamline day-to-day operations for an owner. With the recent gutter work and a dedicated outdoor recreation area, the overall configuration supports continued resident use without requiring immediate exterior updates based on the information provided.

    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 $34.6k $15.00
    − Vacancy −$2.1k −$0.93
    EGI $32.5k $14.07
    − OpEx −$9.7k −$4.22
    NOI $22.7k $9.85
    2,309 SF · lease $15.00/SF/yr · vacancy 6.17% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $325.0K
    $284.4K – $379.2K (±1% cap)
    NOI $22,749 @ 7.0% cap · market cap 8.92%
    Second Best
    Apartment 5plus
    $299.2K
    $261.8K – $349.1K (±1% cap)
    NOI $20,946 @ 7.0% cap · market cap 8.21%
    Theoretical Best
    Office A
    $582.4K
    $509.6K – $679.5K (±1% cap)
    NOI $40,768 @ 7.0% cap · market cap 15.99%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.932967
    Latitude
    42.403359

    FAQs

    What type of property is this?
    Duplex - Turnkey two-unit duplex with separate HVAC and water heaters, off-street parking, and tenants already in place.
    Where is this duplex located?
    The property is located at 4826 Yorkshire Road Detroit, MI.
    What is the asking price?
    The asking price for this property is $254,999.
    What are key features of this property?
    This property features: Two‑unit multifamily duplex built in 1929 with Colonial architectural style; Brick exterior with asphalt roof; Separate heating systems and water heaters for each unit (Forced Air and Hot Water)
    More about this property
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