Two-Unit Duplex With Separate
New
For Sale
$425,000
8721 N 2nd Street, Brighton, MI 48116
MULTI_FAMILY - Other - Brighton, MI
Property Size2,041 SF
Lot Size0.27 Acres
Price / SF$208.23
Days on Market5
Property Features for 8721 N 2nd Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi-Family
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 1, Basement, Bathroom 1
Parking
5
Pets allowed
Yes
Interior features
Circuit Breakers, Laundry Facility
Exterior features
Fenced
Fencing
Fenced
Elementary school district
Brighton
Middle school district
Brighton
High school district
Brighton
Directions
S/B Cross to E/B 2nd Street. Residence is on the left.
Subdivision
Brighton
Standard status
Active
APN
1830100030
Size
2,041 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Description
SEC 30 T2N R6E PART OF THE SW 1/4 OF NW FRAC 1/4 OF SEC, BEG 24 RODS & 15 LINKS W OF THE W LINE OF GRAND RIVER AVE, TH W 9 RODS & 5 LINKS TO THE E LINE OF SECOND ST, TH N4 RODS, TH E 9 RODS & 5 LINKS, TH S 4 RODS TO POB. ALSO BEG AT A PT 4 RODS N OF A PT WHERE THE E & W 1/4 LINE OF SEC 30 JOIN THE E LINE OF SECOND ST, TH E 168 FT, TH N 10 FT, TH W 168 FT, TH S 10 FT TO POB. LOCATION: 8721 N. SECOND DDA 3
Tax Annual Amount
8134
Legal Description
SEC 30 T2N R6E PART OF THE SW 1/4 OF NW FRAC 1/4 OF SEC, BEG 24 RODS & 15 LINKS W OF THE W LINE OF GRAND RIVER AVE, TH W 9 RODS & 5 LINKS TO THE E LINE OF SECOND ST, TH N4 RODS, TH E 9 RODS & 5 LINKS, TH S 4 RODS TO POB. ALSO BEG AT A PT 4 RODS N OF A PT WHERE THE E & W 1/4 LINE OF SEC 30 JOIN THE E LINE OF SECOND ST, TH E 168 FT, TH N 10 FT, TH W 168 FT, TH S 10 FT TO POB. LOCATION: 8721 N. SECOND DDA 3
Utilities
Heating system
Forced Air
Cooling system
Window Unit(s)
Water source
Well
Building Details
Year built
1900
Floors in Building
2
Number of units
2
Building materials
Aluminum
Roof type
Asphalt
Architectural style
Other
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Charles Younkin
(586) 212-4866
Added: Jul 28
Changed: Jul 31
Last Checked: Aug 1 at 8:06AM
MLS# 20261058496
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 two-story duplex features two separate units, each with its own dedicated outside entrance. Utilities are split, supported by two furnaces and two hot water heaters. Interior amenities include circuit breakers and a laundry facility. Exterior features include a fenced yard, providing an added layer of privacy and control for tenants.
The property sits on a 0.27-acre lot and includes an oversized parking pad alongside two additional driveways, creating ample off-street parking. Heating is provided via forced air systems, with window unit(s) for cooling. The home is constructed with aluminum materials and has an asphalt roof, with water sourced from a well. Built in 1900, the duplex is currently identified with Multi-Family zoning.
Designed for tenants who benefit from independent entry and separate utilities, this property’s layout centers on two self-contained units within one building.
The property sits on a 0.27-acre lot and includes an oversized parking pad alongside two additional driveways, creating ample off-street parking. Heating is provided via forced air systems, with window unit(s) for cooling. The home is constructed with aluminum materials and has an asphalt roof, with water sourced from a well. Built in 1900, the duplex is currently identified with Multi-Family zoning.
Designed for tenants who benefit from independent entry and separate utilities, this property’s layout centers on two self-contained units within one building.
Key Highlights
- Two‑story duplex with two separate units and dedicated outside entrances
- Utilities split with two furnaces and two hot water heaters
- Fenced 0.27‑acre lot with well water source
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 | $28.2k | $13.80 |
| − Vacancy | −$1.6k | −$0.79 |
| EGI | $26.6k | $13.01 |
| − OpEx | −$8.0k | −$3.90 |
| NOI | $18.6k | $9.11 |
2,041 SF · lease $13.80/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$265.6K
$232.4K – $309.9K
NOI $18,592 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$244.2K
$213.7K – $284.9K
NOI $17,094 @ 7.0% cap · market cap 4.02%
Theoretical Best
Healthcare Medical
$325.1K
$284.5K – $379.3K
NOI $22,757 @ 7.0% cap · market cap 5.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,435
Businesses Nearby
Explore this area
Business Placement
Demographics for 48116, MI
26,942
Population
12,230
Households
2.2
Avg Household Size
45
Median Age
51%
College-Educated
97%
High-School Grad
36.9 sq mi
ZIP Area
730
Density / Sq Mi
$109,606
Median Household Income
$59,173
Median Earnings
$1,229
Median Rent
$355,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-story duplex on a fenced 0.27-acre lot with separate outside entrances for both units.
Where is this duplex located?
The property is located at 8721 N 2nd Street Brighton, MI.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two‑story duplex with two separate units and dedicated outside entrances; Utilities split with two furnaces and two hot water heaters; Fenced 0.27‑acre lot with well water source
