5858-5860 Niles Drive Troy MI 48098 MLS #20261048353

5858-5860 Niles Drive
Troy, MI, 48098
$599,900
Beds
6 Baths
2,890 SqFt
0.24 Acres
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MLS #20261048353 image #0
Investment opportunities like this rarely become available. Fully occupied and generating immediate rental income, this side-by-side duplex is located in one of Troy’s most sought-after rental markets and offers the combination of location, cash flow, and quality that investors are always searching for. Each spacious unit features 3 bedrooms, 2.5 bathrooms, approximately 1,444 square feet, an attached one-car garage, private entrance, and in-unit laundry. Unit 5858 has been completely renovated from top to bottom with beautiful, modern finishes throughout, while the second unit is occupied by a long-term tenant, providing stable income from day one. Separate gas, electric, and water meters allow tenants to pay their own utilities, helping keep ownership simple and operating expenses down. Perfectly positioned within the award-winning West Troy School District and just minutes from Somerset Collection, Big Beaver Road, I-75, M-59, Corewell Health Beaumont Troy Hospital, Oakland Mall, top-rated restaurants, parks, and major employers, this is a location that continues to attract strong tenant demand year after year. With no HOA, no association fees, no rent control, and both units already leased, this is a rare opportunity to acquire a high-quality, income-producing asset in one of Oakland County’s premier communities. Opportunities like this are few and far between.

Property Details

Price:
$599,900
MLS #:
20261048353
Status:
Active
Beds:
0
Baths:
6
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
PLEASANT VIEW-TROY
Neighborhood:
area02203troy
Listed Date:
Jun 25, 2026
Finished Sq Ft:
2,890
Year Built:
1990
Short SaleArea02203troyArea02203troyPleasant View-troyTroyCall

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Schools

School District:
Troy

Interior

Above Grade Finished Area
2890
Bathrooms
4 Full Bathrooms, 2 Half Bathrooms
Cooling
Central Air, Separate Meters, Window Units
Heating
Forced Air, Natural Gas
Laundry Features
In Unit
Levels
Two

Exterior

Architectural Style
Colonial, Duplex
Construction Materials
Brick
Parking Features
Garage, OnStreet, SharedDriveway
Roof
Asphalt

Financial

Net Operating Income
$45,000
Taxes
$9,460

Map

Community

Subdivisions in Troy

Market Summary

Current real estate data for Single Family in Troy as of Jun 28, 2026
181
Single Family Listed
48
Avg DOM
227
Avg $ / SqFt
$669,455
Avg List Price

Property Summary

    Located in the PLEASANT VIEW-TROY subdivision, 5858-5860 Niles Drive Troy MI is a Single Family for sale in Troy, MI, 48098. It is listed for $599,900 and features 0 beds, 6 baths, and has approximately 2,890 square feet of living space, and was originally constructed in 1990. The current price per square foot is $208. The average price per square foot for Single Family listings in Troy is $227. The average listing price for Single Family in Troy is $669,455. To schedule a showing of MLS#20261048353 at 5858-5860 Niles Drive in Troy, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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5858-5860 Niles Drive
Troy, MI