Duplex with Detached
6272 Earhart Rd, Northfield Twp, MI 48105
For Sale
$360,000
Two residential units include enclosed porches, individual laundry, and flexible shared space with a full bath.
Property Size2,706 SF
Lot Size3.00 Acres
Price / SF$133.04
Days on Market107
Property Features for 6272 Earhart Rd
General Information
Standard status
Size
Lot size
Property subtype
Property Condition
Severity
Evidence
Units
Unit Mix
Multifamily Units
Amenities
enclosed porch
washer/dryer
detached garage
recreational area
Listing Agency:
Remax Bayshore - Union St Tc
(231) 941-4500
Listed By:
NextHome Evolution
(734) 822-6006
Source:
Nhevolutionmi
Added: Jul 26
Changed: Nov 8
Last Checked: Nov 8 at 5:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Remax Bayshore - Union St Tc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located in Ann Arbor, this duplex sits on 3 acres and contains two separate residential units. Each unit includes 2 bedrooms and 1 bath, with enclosed porch space and its own washer and dryer. One residence has both enclosed front and back porches, while the other includes an enclosed back porch.
Between the units, a large area with a full bath provides additional room for recreation or storage. The property also includes a detached garage, a newer roof, and space suited to residential use. Septic tank and field replacement are the buyer’s responsibility, and the sale is cash only.
Between the units, a large area with a full bath provides additional room for recreation or storage. The property also includes a detached garage, a newer roof, and space suited to residential use. Septic tank and field replacement are the buyer’s responsibility, and the sale is cash only.
Key Highlights
- Duplex on 3 acres in Ann Arbor
- Two units, each with 2 bedrooms/1 bath
- Individual washer/dryer for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,897
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$637,940
$637.9K
Cap Rate 7%
$455,671
$455.7K
Cap Rate 9%
$354,411
$354.4K
Market Conditions
NOI Build-Up for 2,706 SF
Gross rent
$61.0K $22.56/SF
− Vacancy
−$3.1K −$1.13/SF
EGI
$58.0K $21.43/SF
− OpEx
−$26.1K −$9.64/SF
NOI
$31.9K $11.79/SF
Area
Washtenaw County, MI
Vacancy
5.00%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$637,940
Cap Rate 7%
$455,671
Cap Rate 9%
$354,411
Alternative Uses
Best Use
Multifamily LT 5
$506.3K
$443.0K – $590.7K
NOI $35,442 @ 7.0% cap · market cap 9.84%
Second Best
Apartment 5plus
$455.7K
$398.7K – $531.6K
NOI $31,897 @ 7.0% cap · market cap 8.86%
Theoretical Best
Office A
$795.1K
$695.7K – $927.6K
NOI $55,657 @ 7.0% cap · market cap 15.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
22
Businesses Nearby
Explore this area
Business Placement
Demographics for 48105, MI
38,883
Population
16,773
Households
2.3
Avg Household Size
30
Median Age
82%
College-Educated
98%
High-School Grad
49.5 sq mi
ZIP Area
786
Density / Sq Mi
$94,737
Median Household Income
$45,516
Median Earnings
$1,603
Median Rent
$485,600
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Washtenaw County, MI
Properties on Market for Duplexes in Washtenaw County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units include enclosed porches, individual laundry, and flexible shared space with a full bath.
Where is this duplex located?
The property is located at 6272 Earhart Rd Northfield Twp, MI.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Duplex on 3 acres in Ann Arbor; Two units, each with 2 bedrooms/1 bath; Individual washer/dryer for each unit
