4-Unit Brick Apartment
For Sale
$459,000
910 Beaconsfield Ave, Grosse Pointe Park, MI 48230
Each apartment has two bedrooms and one full bath, with its own HVAC system.
Property Size3,584 SF
Days on Market9
Property Features for 910 Beaconsfield Ave
General Information
Standard status
Active
Size
3,584 SF
Total Parking Spaces
4
Property subtype
Investment
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Individually Metered Utilities
gas, electric
Additional Details
Gross Income
$57,540
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$11,692
Building Details
Building Size
3,584 SF
Year Built
1926
Buildings
1
Units
4
Construction
brick
Listing Agency:
Jim Saros Real Estate Services
Listed By:
James B Saros · License #6501398798
(313) 886-9030
Source:
Elliman
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 30 at 3:56PM
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 Jim Saros Real Estate Services
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Investment Insights
Based on property information with market context.
This 1926 brick apartment building contains four residences, each configured with two bedrooms and one full bath. The property has four separate HVAC systems, individually metered gas and electric service, and a rear parking pad with four spaces. A new roof was installed in 2026.
The building is at 910 Beaconsfield Ave in Grosse Pointe Park. Fairfax Market and Village Wine Shop are nearby, as is the West Park district, which includes coffee shops, restaurants, bars, and nightlife. Residents have access to two waterfront parks reserved for residents.
The property’s BikeScore is 56, rated Bikeable; its WalkScore is 59, rated Somewhat Walkable, and its TransitScore is 35, rated Some Transit.
The building is at 910 Beaconsfield Ave in Grosse Pointe Park. Fairfax Market and Village Wine Shop are nearby, as is the West Park district, which includes coffee shops, restaurants, bars, and nightlife. Residents have access to two waterfront parks reserved for residents.
The property’s BikeScore is 56, rated Bikeable; its WalkScore is 59, rated Somewhat Walkable, and its TransitScore is 35, rated Some Transit.
Key Highlights
- Four apartments, each with 2 bedrooms and 1 full bath
- Brick building constructed in 1926
- New roof installed in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,186
Cap Rate
7.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,720
$703.7K
Cap Rate 7%
$502,657
$502.7K
Cap Rate 9%
$390,956
$391.0K
Market Conditions
NOI Build-Up for 3,584 SF
Gross rent
$53.8K $15.00/SF
− Vacancy
−$3.5K −$0.98/SF
EGI
$50.3K $14.03/SF
− OpEx
−$15.1K −$4.21/SF
NOI
$35.2K $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%
$703,720
Cap Rate 7%
$502,657
Cap Rate 9%
$390,956
Alternative Uses
Best Use
Multifamily LT 5
$502.7K
$439.8K – $586.4K
NOI $35,186 @ 7.0% cap · market cap 7.67%
Second Best
Apartment 5plus
$461.6K
$403.9K – $538.5K
NOI $32,310 @ 7.0% cap · market cap 7.04%
Theoretical Best
Specialty Retail
$663.6K
$580.6K – $774.2K
NOI $46,449 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
548
Businesses Nearby
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Business Placement
Demographics for 48230, MI
17,559
Population
7,369
Households
2.4
Avg Household Size
42
Median Age
73%
College-Educated
99%
High-School Grad
3.3 sq mi
ZIP Area
5,321
Density / Sq Mi
$131,155
Median Household Income
$65,716
Median Earnings
$1,451
Median Rent
$448,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Each apartment has two bedrooms and one full bath, with its own HVAC system.
Where is this quadplex located?
The property is located at 910 Beaconsfield Ave Grosse Pointe Park, MI.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 full bath; Brick building constructed in 1926; New roof installed in 2026
