Duplex with Updated Two-Bed
534 Holbrook St Detroit, MI 48202
For Sale
$295,000
MULTI_FAMILY - Other - Detroit, MI
Property Size1,966 SF
Price / SF$150.05
Days on Market15
Property Features for 534 Holbrook St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3
Patio and Porch features
Deck, Patio
Interior features
Master Downstairs
Standard status
Active
APN
03002415.
Size
1,966 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5547
Utilities
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1912
Floors in Building
2
Flooring type
Hardwood
Building materials
Brick
Roof type
Asphalt
Architectural style
Other
Listing Agency:
RE/MAX Connection - Detroit
(248) 505-2509
Listed By:
Dennis Jakub
(248) 505-2509
Added: Jul 16
Changed: Jul 28
Last Checked: Jul 30 at 3:06AM
MLS# 11887402
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex for sale offers two separate residential units, each configured with 2 bedrooms and 1 full bathroom. The interiors include hardwood floors in the main living areas and updated kitchen finishes while retaining original built-in cabinetry. Each unit provides bright living space with natural light from oversized windows, and the upper unit includes access to a private, street-facing balcony. Bathrooms feature updated vanities and tub/shower combinations.
The property is located in Detroit with an address at 534 Holbrook St (48202). The lower unit is currently tenant-occupied and generating monthly rental income, supporting immediate in-place cash flow.
Outside, the duplex includes outdoor space that can be used for gardening or entertaining. The floor plans are described as flexible, offering room for comfortable living and practical furniture arrangement for both units.
The property is located in Detroit with an address at 534 Holbrook St (48202). The lower unit is currently tenant-occupied and generating monthly rental income, supporting immediate in-place cash flow.
Outside, the duplex includes outdoor space that can be used for gardening or entertaining. The floor plans are described as flexible, offering room for comfortable living and practical furniture arrangement for both units.
Key Highlights
- Duplex in Detroit’s North End built in 1912 with brick construction
- Each unit has 2 bedrooms and 1 full bathroom
- Hardwood flooring and master bedroom located on the main level (master downstairs)
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 | $34.2k | $17.40 |
| − Vacancy | −$2.1k | −$1.07 |
| EGI | $32.1k | $16.33 |
| − OpEx | −$9.6k | −$4.90 |
| NOI | $22.5k | $11.43 |
1,966 SF · lease $17.40/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$321.0K
$280.9K – $374.5K
NOI $22,468 @ 7.0% cap · market cap 7.62%
Second Best
Apartment 5plus
$294.6K
$257.8K – $343.8K
NOI $20,625 @ 7.0% cap · market cap 6.99%
Theoretical Best
Office A
$433.7K
$379.5K – $506.0K
NOI $30,360 @ 7.0% cap · market cap 10.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex for sale featuring two 2-bedroom, 1-bath units, with the lower unit currently tenant-occupied.
Where is this duplex located?
The property is located at 534 Holbrook St Detroit, MI.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Duplex in Detroit’s North End built in 1912 with brick construction; Each unit has 2 bedrooms and 1 full bathroom; Hardwood flooring and master bedroom located on the main level (master downstairs)
