Side-by-Side Duplex with Detached
876 DIX FORD Ave, Allen Park, MI 48146
For Sale
New
$214,900
Each residence has a private front and side entrance, plus a separate laundry room.
Property Size900 SF
Days on Market5
Property Features for 876 DIX FORD Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Units
Listing Agency:
Empire Realty Fawaz & Arzouni
Listed By:
Hossam Harb · License MI #6501351165
(313) 445-0977
Source:
Elliman
Added: Nov 10
Last Checked: Nov 12 at 8:41AM
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 Empire Realty Fawaz & Arzouni
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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.
This duplex contains two matching side-by-side residences, each with approximately 800 square feet. Both units include one bedroom, one full bathroom, a living room, a kitchen with a breakfast nook, and a laundry room. Private front and side entrances serve each residence, and forced-air heating and central air are provided. The property also includes a detached two-car garage and a large backyard.
Built in 1955, the building offers more than 1,600 square feet of living space in total.
Built in 1955, the building offers more than 1,600 square feet of living space in total.
Key Highlights
- Two side‑by‑side units, each with approximately 800 square feet
- Each residence has 1 bedroom, 1 full bathroom, living room, kitchen with breakfast nook, and laundry room
- Private front and side entrances for both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,836
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$176,720
$176.7K
Cap Rate 7%
$126,229
$126.2K
Cap Rate 9%
$98,178
$98.2K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$13.5K $15.00/SF
− Vacancy
−$878 −$0.98/SF
EGI
$12.6K $14.03/SF
− OpEx
−$3.8K −$4.21/SF
NOI
$8.8K $9.82/SF
Area
Wayne County, MI
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$176,720
Cap Rate 7%
$126,229
Cap Rate 9%
$98,178
Alternative Uses
Best Use
Multifamily LT 5
$126.2K
$110.5K – $147.3K
NOI $8,836 @ 7.0% cap · market cap 4.11%
Second Best
Apartment 5plus
$115.9K
$101.4K – $135.2K
NOI $8,113 @ 7.0% cap · market cap 3.78%
Theoretical Best
Specialty Retail
$166.6K
$145.8K – $194.4K
NOI $11,664 @ 7.0% cap · market cap 5.43%
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
514
Businesses Nearby
Explore this area
Business Placement
Demographics for 48146, MI
40,245
Population
15,874
Households
2.5
Avg Household Size
37
Median Age
11%
College-Educated
81%
High-School Grad
5.8 sq mi
ZIP Area
6,939
Density / Sq Mi
$57,183
Median Household Income
$36,886
Median Earnings
$972
Median Rent
$117,400
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Wayne County, MI
Properties on Market for Duplexes in Wayne County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a private front and side entrance, plus a separate laundry room.
Where is this duplex located?
The property is located at 876 DIX FORD Ave Allen Park, MI.
What is the asking price?
The asking price for this property is $214,900.
What are key features of this property?
This property features: Two side‑by‑side units, each with approximately 800 square feet; Each residence has 1 bedroom, 1 full bathroom, living room, kitchen with breakfast nook, and laundry room; Private front and side entrances for both units
