625 HORTON St, Detroit, MI 48202
Move-in-ready duplex featuring comprehensive renovations and modern amenities.
- Added:
- Mar 10, 2026
- Days on Market:
- 119
- Last Refresh:
- Jul 4 at 2:05 pm
Property Features for 625 HORTON St
General Information
- Standard status
- Active
- Size
- 2,146 SF
- Lot size
- 0.09 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1913
Listing office Creekstone Realty (248) 762-9186
Listing date Mar 10, 2026
Source Elliman
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All listing content including descriptions, pricing, images are the copyrighted material of Creekstone Realty
HighLights
- Completely renovated with new soffits, windows, electrical, plumbing, and paint.
- Two identical units, each approximately 1073 sqft.
- Modern kitchens feature stainless steel appliances, ample storage, and marble‑tiled floors.
- Spacious living rooms with recessed lighting.
- Additional storage in basement and attic.
- Turnkey property suitable for investors or owner‑occupants.
Overview
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 | $37.3k | $17.40 |
| − Vacancy | −$2.3k | −$1.07 |
| EGI | $35.0k | $16.33 |
| − OpEx | −$10.5k | −$4.90 |
| NOI | $24.5k | $11.43 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.066
- Latitude
- 42.3742