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    Grosse Pointe Park Investment Opportunity Title is generated by Realmo AI

    925 Nottingham Road, Grosse Pointe Park, MI 48230

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    Claim this Listing
    Pending
    $425,000

    MULTI_FAMILY - Other - Grosse Pointe Park, MI

    Property size:
    2,538 SF
    Lot size:
    0.09 Acres
    Added:
    Apr 25, 2026
    Days on Market:
    53
    Last Refresh:
    Jun 16 at 8:06 pm

    Property Features for 925 Nottingham Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Multi-Family,Residential
    Bedrooms
    5
    Bathrooms
    2
    Rooms
    Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 5, Bedroom 3, Bedroom 2, Basement
    Pets allowed
    Yes
    Interior features
    Laundry Facility
    Exterior features
    Fenced
    Fencing
    Fenced
    Standard status
    Pending
    APN
    39009010115002
    Size
    2,538 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Description
    PKXX115B 116A NLY 12 FT OF LOT 115 ADN THE SLY 24 FT OF LOT 116 DENNEE AND MC ALLISTERS JEFF AVE RIVERVIEW PARK SUB PC 126,127 L18 P10 WCR
    Tax Annual Amount
    5011

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1924
    Floors in Building
    2
    Number of units
    2
    Building materials
    Brick
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Boyd E Rudy

    Listing agent Boyd E Rudy License #6501299848

    Listing office KW Professionals 789 W Ann Arbor Trail, Plymouth, MI

    Listing date Apr 25, 2026

    MLS# 20261028475 Listing URL

    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.

    HighLights

    • Prime location in desirable and walkable Grosse Pointe Park, near restaurants, shopping, public transit, and parks.
    • Significant recent upgrades totaling $96,000, including kitchen, exterior, mechanical, and interior paint improvements.
    • Flexible layout suitable for single‑family conversion, multi‑family rental, or house hacking.
    • Value‑add opportunity to increase rents or resale value with strategic finishing touches.
    • Classic architectural features such as hardwood floors, woodwork, and built‑ins.
    • Seller will deliver City Of Grosse Pointe Park Certificate Of Occupancy completing all required repairs including re‑roofing the garage with acceptable offer.

    Overview

    Located in Grosse Pointe Park, this furnished investment property presents a value-add opportunity. The property is situated in a desirable and walkable rental market. Recent upgrades totaling $96,000 have been completed, including kitchen and exterior improvements, mechanical updates, and interior paint. The property features classic architectural elements such as hardwood floors, woodwork, and built-ins. The flexible layout is suited for single-family conversion or multi-family use. Its location is near restaurants, shopping, and public transit, and within walking distance of Windmill Pointe Park and Patterson Park. Downtown Detroit is a 15-minute commute. Investment angles include house hacking, long-term rental, short-term or mid-term rental, and value-add flip potential. The seller will deliver a City Of Grosse Pointe Park Certificate Of Occupancy completing all required repairs including re-roofing the garage with acceptable offer. The lot size is 0.09 acres and the property size is 2538 square feet.

    Local 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 $38.1k $15.00
    − Vacancy −$2.5k −$0.98
    EGI $35.6k $14.03
    − OpEx −$10.7k −$4.21
    NOI $24.9k $9.82
    2,538 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $356.0K
    $311.5K – $415.3K (±1% cap)
    NOI $24,917 @ 7.0% cap · market cap 5.86%
    Second Best
    Apartment 5plus
    $326.9K
    $286.0K – $381.3K (±1% cap)
    NOI $22,880 @ 7.0% cap · market cap 5.38%
    Theoretical Best
    Specialty Retail
    $469.9K
    $411.2K – $548.2K (±1% cap)
    NOI $32,892 @ 7.0% cap · market cap 7.74%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Grosse Pointe Park
    County
    Wayne
    State
    Michigan
    Longitude
    -82.933236
    Latitude
    42.374898

    FAQs

    What type of property is this?
    Duplex - Furnished investment property in a desirable, walkable rental market.
    Where is this duplex located?
    The property is located at 925 Nottingham Road Grosse Pointe Park, 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: Prime location in desirable and walkable Grosse Pointe Park, near restaurants, shopping, public transit, and parks.; **Significant recent upgrades totaling $96,000**, including kitchen, exterior, mechanical, and interior paint improvements.; Flexible layout suitable for single‑family conversion, multi‑family rental, or house hacking.
    More about this property
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