Two-Unit
For Sale
$220,000
7335 Curtis St, Detroit, MI 48221
Each residence contains two bedrooms and one full bathroom.
Property Size1,680 SF
Price / SF$130.95
Days on Market91
Property Features for 7335 Curtis St
General Information
Standard status
Active
Size
1,680 SF
Property subtype
Multi-Family
Building Details
Year Built
1942
Listing Agency:
DOBI Real Estate
Listed By:
Adrian Quinlan
(248) 385-3350
Source:
Vmrealestatemichigan
Added: Jul 9
Changed: Oct 1
Last Checked: Oct 5 at 6:56PM
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 DOBI Real Estate
Investment Insights
Based on property information with market context.
Located at 7335 Curtis St in Detroit, this duplex contains two residential units. Each unit has two bedrooms and one full bathroom. The property totals 1,680 square feet and was built in 1942.
Key Highlights
- Two units, each with 2 bedrooms and 1 full bathroom
- 1,680 square feet total
- Built in 1942
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,200
Cap Rate
8.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,000
$384.0K
Cap Rate 7%
$274,286
$274.3K
Cap Rate 9%
$213,333
$213.3K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$29.2K $17.40/SF
− Vacancy
−$1.8K −$1.07/SF
EGI
$27.4K $16.33/SF
− OpEx
−$8.2K −$4.90/SF
NOI
$19.2K $11.43/SF
Area
Detroit, MI
Vacancy
6.17%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,000
Cap Rate 7%
$274,286
Cap Rate 9%
$213,333
Alternative Uses
Best Use
Multifamily LT 5
$274.3K
$240.0K – $320.0K
NOI $19,200 @ 7.0% cap · market cap 8.73%
Second Best
Apartment 5plus
$251.8K
$220.3K – $293.7K
NOI $17,624 @ 7.0% cap · market cap 8.01%
Theoretical Best
Office A
$370.6K
$324.3K – $432.4K
NOI $25,943 @ 7.0% cap · market cap 11.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
611
Businesses Nearby
Explore this area
Business Placement
Demographics for 48221, MI
38,204
Population
17,452
Households
2.2
Avg Household Size
38
Median Age
29%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
7,347
Density / Sq Mi
$55,583
Median Household Income
$37,019
Median Earnings
$1,174
Median Rent
$138,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Each residence contains two bedrooms and one full bathroom.
Where is this duplex located?
The property is located at 7335 Curtis St Detroit, MI.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 full bathroom; 1,680 square feet total; Built in 1942
