$449,900

6022-6028 Appoline, Dearborn, MI 48126

  • 4 baths |
  • 3,024 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1927
  • Property Lot Size Icon4,752sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $149/sqft
  • Property List Date Icon Listed 17 days ago

Property Description

6022–6028 APPOLINE PRESENTS A STRONG, FULLY OCCUPIED 4-UNIT MULTIFAMILY OPPORTUNITY IN DEARBORN.? THE PROPERTY CONSISTS OF FOUR SPACIOUS 1-BEDROOM / 1-BATH UNITS, APPROXIMATELY 800 SQUARE FEET EACH, WITH CURRENT GROSS INCOME OF $3,515 PER MONTH.? THE MOST RECENT LEASE WAS SIGNED AT $915 PER MONTH, SHOWING CLEAR RENTAL UPSIDE AS IN-PLACE RENTS REMAIN BELOW MARKET.? THE BUILDING HAS BENEFITED FROM MEANINGFUL CAPITAL IMPROVEMENTS, INCLUDING HVAC REPLACEMENT WORK BY DETROIT FURNACE IN 2021, MAJOR PLUMBING UPGRADES BY FROST & KRETSCH FROM 2020–2021, NEW FRONT PORCH STEPS AND MASONRY IN 2022, AND EXTERIOR REPAIRS COMPLETED FOR THE CITY OF DEARBORN CERTIFICATE OF OCCUPANCY IN 2020.? APPLIANCES HAVE ALSO BEEN REPLACED AS UNITS TURNED OVER.? TENANCY IS STABLE, WITH ZERO MOVE-OUTS SINCE 2023.? CURRENT TENANTS AVERAGE APPROXIMATELY FIVE YEARS IN PLACE, WITH THE LONGEST TENANT IN PLACE FOR ABOUT SEVEN YEARS.? THREE OF THE FOUR UNITS ARE CONVENTIONAL MONTH-TO-MONTH TENANCIES, PROVIDING FLEXIBILITY FOR A FUTURE OWNER-OCCUPANT OR INVESTOR.? UNIT 6028 #4 IS A HOUSING-VOUCHER TENANCY WITH APPROXIMATELY $595 OF THE $875 RENT PAID DIRECTLY BY THE HOUSING AUTHORITY AND CONSISTENT PAYMENTS DATING BACK TO 2019.? WITH STABLE OCCUPANCY, DEPENDABLE INCOME, RECENT MAJOR IMPROVEMENTS, AND REAL UPSIDE THROUGH RENTAL GROWTH, THIS IS AN ATTRACTIVE DEARBORN MULTIFAMILY ASSET FOR INVESTORS OR OWNER-OCCUPANTS SEEKING INCOME AND FLEXIBILITY.?

Listing Status:
Active
Date Added:
June 17, 2026
Data Last Updated:
July 5, 2026 at 6:46AM
Listing Office:
Century 21 Curran & Oberski : 313-274-7200
Listing Agent:
Ali Charara : 313-289-2222
MLS ID:
61003290
  • Basement: Block
  • Heating: Forced Air
  • Style: Colonial
  • General: BrickTwoBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Dearborn City School District
  • County: Wayne
  • Zoning: LOT 239 ROBERT OAKMANS OAKMAN BLVD & MILLER AVE SUB
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Ali Charara , Century 21 Curran & Oberski

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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