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795-797 Harcourt Road, Grosse Pointe, MI, 48230
Renovated Mid-Century Duplex Property

795-797 Harcourt Road Grosse Pointe, MI 48230

New
For Sale
$650,000

MULTI_FAMILY - Grosse Pointe, MI

Property Size3,244 SF
Lot Size0.17 Acres
Price / SF$200.37
Days on Market5

Property Features for 795-797 Harcourt Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
6
Rooms
Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 2, Basement, Bedroom 1, Bathroom 4, Bathroom 5, Bathroom 6, Bathroom 3
Fireplace
1
Standard status
Active
APN
39-006-04-0068-000
Size
3,244 SF
Lot size
0.17 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
16897

Utilities

Heating system
Forced Air
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public

Building Details

Year built
1951
Floors in Building
2
Number of units
2
Listing Agency: Adlhoch & Associates, REALTORS
Listed By: Jennifer Frustaci Adlhoch · License #MISPE-6501416959
Added: Jul 21 Changed: Jul 24 Last Checked: Jul 25 at 1:06PM
MLS# 50215611

Copyright © 2026 Multiple Listing Service MiRealSource. 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.

Impeccably maintained mid-century modern duplex with two separate 2-bedroom, 2-bath units. Both units feature hardwood floors, large living rooms, and a sunroom/family room. The property has been extensively updated, including new Marvin windows, two renovated kitchens, and a roof with gutters.

Set on a quiet street in Grosse Pointe Park, the duplex offers proximity to Lake St. Clair and access to residents-only parks. Those amenities are described as including movie theaters, waterfront swimming pools, pickleball courts, and a marina.

A three-car garage and private yard with patio space support practical day-to-day use for both tenants or an owner-occupant setup.

Key Highlights

  • Spacious mid‑century modern duplex built in 1951 in Grosse Pointe Park on a quiet street.
  • 2 units with 2 bedrooms and 2 full bathrooms per unit, plus separate living rooms and sunroom/family room for each unit.
  • Hardwood floors throughout both units, with a fireplace and forced‑air heating.

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 $48.7k $15.00
− Vacancy −$3.2k −$0.98
EGI $45.5k $14.03
− OpEx −$13.6k −$4.21
NOI $31.8k $9.82
3,244 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$455.0K
$398.1K – $530.8K (±1% cap)
NOI $31,848 @ 7.0% cap · market cap 4.90%
Second Best
Apartment 5plus
$417.8K
$365.6K – $487.4K (±1% cap)
NOI $29,244 @ 7.0% cap · market cap 4.50%
Theoretical Best
Specialty Retail
$600.6K
$525.5K – $700.7K (±1% cap)
NOI $42,042 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store Grocery & Convenience Store HVAC Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic Accounting Firm Pet Grooming Service Dental Office

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two fully renovated 2-bedroom units with hardwood floors, updated windows, and a three-car garage on a private yard.
Where is this duplex located?
The property is located at 795-797 Harcourt Road Grosse Pointe, MI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Spacious mid‑century modern duplex built in 1951 in Grosse Pointe Park on a quiet street.; 2 units with 2 bedrooms and 2 full bathrooms per unit, plus separate living rooms and sunroom/family room for each unit.; Hardwood floors throughout both units, with a fireplace and forced‑air heating.
More about this property
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