Two-Unit Brick
4826 Yorkshire Road, Detroit, MI 48224
For Sale
$229,900
Multifamily, 2 Story, Detroit, MI
Property Size2,309 SF
Lot Size0.11 Acres
Price / SF$99.57
Days on Market245
Property Features for 4826 Yorkshire Road
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Exterior features
Subdivision
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Water source
Amenities
off-street parking
private garage
spacious backyard
dedicated recreation area
Building Details
Year built
Floors in Building
Number of units
Building materials
Roof type
Architectural style
Listing Agency:
EXP Z Real Estate
Listed By:
Revanda Benno
(248) 937-1337
Added: Mar 11
Changed: Nov 10
Last Checked: Nov 10 at 9:06PM
MLS# 20261014895
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.
This two-story duplex in Detroit contains 2,309 square feet within a Colonial-style brick building constructed in 1929. The two residential units have separate HVAC systems and water heaters. Both units are currently occupied, with tenants responsible for gas and electricity while the owner covers water service.
The property includes off-street parking, a private garage, and a backyard with a designated recreation area. New gutters were installed in Summer 2025. Additional features include an asphalt roof, public water service, a basement, and Residential zoning. The lot measures 0.11 acres and the property is located at 4826 Yorkshire Road in Detroit, MI 48224.
The property includes off-street parking, a private garage, and a backyard with a designated recreation area. New gutters were installed in Summer 2025. Additional features include an asphalt roof, public water service, a basement, and Residential zoning. The lot measures 0.11 acres and the property is located at 4826 Yorkshire Road in Detroit, MI 48224.
Key Highlights
- Two‑unit duplex with 2,309 square feet
- 0.11‑acre lot in Detroit, MI 48224
- Brick Colonial building constructed in 1929
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,946
Cap Rate
9.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,920
$418.9K
Cap Rate 7%
$299,229
$299.2K
Cap Rate 9%
$232,733
$232.7K
Market Conditions
NOI Build-Up for 2,309 SF
Gross rent
$40.7K $17.64/SF
− Vacancy
−$2.6K −$1.15/SF
EGI
$38.1K $16.49/SF
− OpEx
−$17.1K −$7.42/SF
NOI
$20.9K $9.07/SF
Area
ZIP 48224
Vacancy
6.50%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$418,920
Cap Rate 7%
$299,229
Cap Rate 9%
$232,733
Alternative Uses
Best Use
Multifamily LT 5
$325.0K
$284.4K – $379.2K
NOI $22,749 @ 7.0% cap · market cap 9.90%
Second Best
Apartment 5plus
$299.2K
$261.8K – $349.1K
NOI $20,946 @ 7.0% cap · market cap 9.11%
Theoretical Best
Office A
$582.4K
$509.6K – $679.5K
NOI $40,768 @ 7.0% cap · market cap 17.73%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
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Business Placement
Demographics for 48224, MI
39,633
Population
16,786
Households
2.4
Avg Household Size
33
Median Age
14%
College-Educated
84%
High-School Grad
5.8 sq mi
ZIP Area
6,833
Density / Sq Mi
$42,963
Median Household Income
$30,997
Median Earnings
$1,213
Median Rent
$77,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Detroit, MI
Properties on Market for Duplexes in Detroit
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - The property includes brick construction, a private garage, and separate HVAC and water-heating systems.
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 $229,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,309 square feet; 0.11‑acre lot in Detroit, MI 48224; Brick Colonial building constructed in 1929
