$335,000

15105 Maplewood Avenue, Eastpointe, MI 48021

  • 4 baths |
  • 3,817 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1928
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $88/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

This fully occupied, income-producing triplex offers strong cash flow from day one. The historic three-story brick building features three units — a three-bedroom, one-bath at 1,310 square feet and two one-bedroom, one-bath units — delivering $3,929 in monthly rental income and nearly $46,000 in annual gross income and CAP Rate of 7.5%. All units are leased, separately metered, and tenants pay electric. Rent covers heat-gas, water-sewer, snow removal, trash, and yard maintenance. Units 1 and 3 are Section 8, providing guaranteed government-backed rental payments. Major updates completed by the previous owner include a new roof, windows, and furnace in 2017–2018, and new exterior doors and water heater in 2020–2021. A single water heater and furnace service all units via a programmable thermostat. The partially finished basement houses a shared laundry facility, a half bath for landlord/property manager use, and 4 storage rooms. A detached 3 car garage sits vacant, offering additional rental income potential. Unit 1 features a private four seasons room filled with leaded glass windows and abundant natural light. Unit 2 enjoys a private balcony. The third level loft with original leaded glass windows presents an opportunity to be finished as a fourth income-producing unit. Sale includes all kitchen appliances, three washer/dryer sets, three window AC units, and an active Rental Certificate.

Listing Status:
Active
Data Last Updated:
June 20, 2026 at 5:41PM
Listing Office:
National Realty Centers, Inc : 2484681444
Listing Agent:
Christian Draheim : 3134108445
MLS ID:
20261042699
  • General: Entrance foyerProgrammable thermostat
  • Laundry: Common areaLaundry room
  • Basement: FullPartially finished
  • A/C: Ceiling fans
  • Heating: Forced airNatural gas
  • Style: HistoricTriplex
  • Pool: None
  • Parking: GarageParking padParking spaces: 4
  • Roofing: Asphalt
  • General: BrickVinyl sidingThreeBasementBlock
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: East detroit
  • County: Macomb
  • Zoning: HALFWAY LITTLE FARMS NO 1 W 70 FT OF LOT 113 LIBER 3PAGE 1431431153006
  • Water: Public
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Christian Draheim , National Realty Centers, Inc

Monthly Payment

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

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