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5860 Hazlett Street, Detroit, MI, 48210
Renovated Duplex with Unfinished Basement

5860 Hazlett Street Detroit, MI 48210

New
For Sale
$239,000

MULTI_FAMILY - Colonial - Detroit, MI

Property Size1,930 SF
Lot Size0.16 Acres
Price / SF$123.83
Days on Market7

Property Features for 5860 Hazlett Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Bedrooms 6
Bathrooms 2
Rooms Bedroom 1, Bedroom 4, Bedroom 6, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 5, Bedroom 3, Basement
Pets allowed Call
Interior features Cable Available
Standard status Active
APN W16I013414S
Size 1,930 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2026. E HAZLETT 12 BLK 5-ROBERT M GRINDLEYS SUB L15 P32 PLATS, W C R 16/100 30 X 115
Tax Annual Amount 2440

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1917
Floors in Building 2
Number of units 2
Building materials Vinyl
Roof type Asphalt
Architectural style Colonial
Listing Agency: RE/MAX Leading Edge
Listed By: Nazareth Sanchez · License #6501438534
Added: Jul 24 Changed: Jul 25 Last Checked: Jul 30 at 4:06AM
MLS# 20261057517

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.

Investment Insights

Based on property information with market context.

This renovated duplex offers two identical units, each featuring three large bedrooms and one bathroom. Interior improvements include renovated kitchen finishes and living/dining areas with vinyl flooring and recessed lighting. Bathrooms are updated with floor-to-ceiling ceramic tile, along with new toilets and vanities. The property also includes a clean, dry unfinished basement with space that could support additional living or entertainment uses. Each unit has its own entrance, providing separation and convenience for residents.

Upgrades noted in the offering include whole-house PEX plumbing, a 200-amp electrical panel with whole-house wiring, vinyl windows, and newer roofing. A brand-new front porch is also included. The sale further includes a vacant lot on one side.

The legal description is provided for the E Hazlett 13 Blk 5-Robert M Grindleys Sub L15 P32 Plats, W C R 16/100 30 x 115. The property is zoned Multi-Family and is located in Detroit’s westside area, minutes from Downtown Detroit, with nearby access to major roadways including I-94 and I-96.

Key Highlights

  • 1917 Colonial‑style duplex with two identical renovated units and 4 bedrooms plus 1 bathroom per unit
  • Each unit has its own entrance for privacy and convenience
  • Whole‑house upgrades include PEX plumbing, 200 amp electrical panel with whole‑house wiring, vinyl windows, and newer roofing

Financial Insights For Apartment 5plus

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 $39.4k $20.40
− Vacancy −$2.6k −$1.33
EGI $36.8k $19.07
− OpEx −$16.6k −$8.58
NOI $20.2k $10.49
1,930 SF · lease $20.40/SF/yr · vacancy 6.50% · expense 45.00%

Alternative Uses

Best Use
Multifamily LT 5
$315.1K
$275.7K – $367.6K (±1% cap)
NOI $22,057 @ 7.0% cap · market cap 9.23%
Second Best
Apartment 5plus
$289.2K
$253.1K – $337.5K (±1% cap)
NOI $20,247 @ 7.0% cap · market cap 8.47%
Theoretical Best
Office A
$425.8K
$372.6K – $496.7K (±1% cap)
NOI $29,804 @ 7.0% cap · market cap 12.47%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile Location Intelligence

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center HVAC Service Gym & Fitness Center

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Duplex - Completely renovated duplex in Detroit with two identical units, each with its own entrance and access to a clean, dry unfinished basement.
Where is this duplex located?
The property is located at 5860 Hazlett Street Detroit, MI.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: 1917 Colonial‑style duplex with two identical renovated units and 4 bedrooms plus 1 bathroom per unit; Each unit has its own entrance for privacy and convenience; Whole‑house upgrades include PEX plumbing, 200 amp electrical panel with whole‑house wiring, vinyl windows, and newer roofing
More about this property
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