5858-5860 Niles Dr, Troy, MI 48098

Building Details

Year Built

1990

Listing office t***@gmail.com Show Phone

Listing date Jul 1, 2026

Source Elliman

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Overview

This side-by-side duplex contains two spacious units with 3 bedrooms and 2.5 bathrooms each. Both units include an attached one-car garage, private entrance, and in-unit laundry, providing a self-contained living setup. Unit 5858 has been renovated from top to bottom with modern finishes, while the second unit is occupied by a long-term tenant.

The property is located in Troy, Michigan, and falls within the West Troy School District. It is positioned near major retail and healthcare employers, including Somerset Collection, Corewell Health Beaumont Troy Hospital, and Oakland Mall, with convenient access to major roadways such as I-75 and M-59.

For investors and owner-operators, the separate gas, electric, and water meters allow each tenant to pay their own utilities, which can simplify operating expenses. With both units already leased and no HOA or association fees noted in the remarks, this duplex provides an opportunity to acquire a stable, income-producing residential asset configured as two self-sufficient homes.

Suggested Use

Barber Shop Electrical Service Hair Salon Kitchen & Bath Showroom Grocery & Convenience Store Big Box & Wholesale Store Cosmetic Store Carpet & Flooring Store Gym & Fitness Center Food Market

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

Location Insight

• Map
• Local Demand

City

Troy

County

Oakland

State

Michigan

Longitude

-83.1516984

Latitude

42.604364

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FAQs

What type of property is this?

Duplex - Fully occupied duplex with separate utility meters and in-unit laundry, offering straightforward resident setup.

Where is this duplex located?

The property is located at 5858-5860 Niles Dr Troy, MI.

What is the asking price?

The asking price for this property is $599,900.

What are key features of this property?

This property features: Side‑by‑side duplex built in 1990, fully occupied and generating rental income; Each unit offers 3 bedrooms, 2.5 bathrooms, and approx. 1,444 SF with an attached one‑car garage; Private entrance and in‑unit laundry in each unit