Remodeled Duplex with Fenced
For Sale
$179,900
Pending
7290 Engleman, Center Line, MI 48015
Multifamily, 2 Story, Center Line, MI
Property Size1,543 SF
Lot Size0.11 Acres
Days on Market48
Property Features for 7290 Engleman
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi-Family
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 2, Basement, Bedroom 3, Bathroom 1
Pets allowed
Yes
Exterior features
Fenced
Fencing
Fenced
Subdivision
Centerline Urban Ren # 01
Elementary school district
Center Line
Middle school district
Center Line
High school district
Center Line
Directions
Off Van Dyke Rd, south of 11mi
Standard status
Pending
APN
1321476007
Size
1,543 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Description
CENTER LINE URBAN RENEWAL REPLAT NO. 1 LOT 88
Tax Annual Amount
4207
Legal Description
CENTER LINE URBAN RENEWAL REPLAT NO. 1 LOT 88
Utilities
Heating system
Forced Air
Water source
Public
Amenities
fenced backyard
cement patio
laundry setup
Building Details
Year built
1924
Floors in Building
2
Number of units
2
Building materials
Vinyl
Architectural style
Bungalow
Listing Agency:
NEXGEN Realty
(810) 987-1100
Listed By:
Justin Tibble · License #6501337919
(248) 262-3200
Added: Aug 24
Changed: Sep 15
Last Checked: Oct 10 at 5:06PM
MLS# 20261067739
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 duplex contains 1,543 square feet on a 0.11-acre lot in Center Line. The lower residence is a two-bedroom, one-bath unit with a large kitchen, dining area, and living room. Its remodeled kitchen includes granite countertops, and the appliances remain with the property. Vinyl plank flooring and abundant natural light add to the interior improvements. The upper residence has a separate entrance, one bedroom, one bathroom, and its own kitchen; it is occupied by a long-term tenant.
A full basement provides laundry equipment serving both units, along with two water heaters, a newer furnace, a sump pump, and two updated electrical panels. The property also includes a fenced yard with a concrete patio, public water, forced-air heat, and Multi-Family zoning. Built in 1924, it is near a city park, shopping, and I-696.
A full basement provides laundry equipment serving both units, along with two water heaters, a newer furnace, a sump pump, and two updated electrical panels. The property also includes a fenced yard with a concrete patio, public water, forced-air heat, and Multi-Family zoning. Built in 1924, it is near a city park, shopping, and I-696.
Key Highlights
- 1,543‑square‑foot duplex on a 0.11‑acre lot
- Lower unit remodeled with granite kitchen countertops and appliances included
- Upper unit has a separate entrance, 1 bedroom, 1 bathroom, and a long‑term tenant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,334
Cap Rate
9.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,680
$326.7K
Cap Rate 7%
$233,343
$233.3K
Cap Rate 9%
$181,489
$181.5K
Market Conditions
NOI Build-Up for 1,543 SF
Gross rent
$25.0K $16.20/SF
− Vacancy
−$1.7K −$1.08/SF
EGI
$23.3K $15.12/SF
− OpEx
−$7.0K −$4.54/SF
NOI
$16.3K $10.59/SF
Area
Macomb County, MI
Vacancy
6.65%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,680
Cap Rate 7%
$233,343
Cap Rate 9%
$181,489
Alternative Uses
Best Use
Multifamily LT 5
$233.3K
$204.2K – $272.2K
NOI $16,334 @ 7.0% cap · market cap 9.08%
Second Best
Apartment 5plus
$207.0K
$181.1K – $241.5K
NOI $14,491 @ 7.0% cap · market cap 8.06%
Theoretical Best
Specialty Retail
$288.9K
$252.8K – $337.0K
NOI $20,221 @ 7.0% cap · market cap 11.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
628
Businesses Nearby
Explore this area
Business Placement
Demographics for 48015, MI
8,552
Population
3,789
Households
2.3
Avg Household Size
42
Median Age
19%
College-Educated
87%
High-School Grad
1.8 sq mi
ZIP Area
4,751
Density / Sq Mi
$52,857
Median Household Income
$45,326
Median Earnings
$627
Median Rent
$145,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate entrances, updated interiors, and shared basement laundry facilities.
Where is this duplex located?
The property is located at 7290 Engleman Center Line, MI.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: 1,543‑square‑foot duplex on a 0.11‑acre lot; Lower unit remodeled with granite kitchen countertops and appliances included; Upper unit has a separate entrance, 1 bedroom, 1 bathroom, and a long‑term tenant
