REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Ryan Wrathell

ryan@ryanwrathell.com +1(734) 341-0388

$ 315,000

Save

New

15105 Maplewood AVE Eastpointe, MI 48021

4 Baths

2,557 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Rent

Square Footage 2,557 sqft

Subdivision Halfway Little Farms # 01

MLS Listing ID 20261073893

Style Historic,Triplex

Full Baths 3

Half Baths 1

Year Built 1928

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type MultiFamily

Property Description

Whether you're house-hacking your first home or adding turnkey cash flow to your portfolio, this historic three-story brick triplex delivers. Investors get a fully leased, income-producing building generating $3,829 in monthly rental income and nearly $46,000 in annual gross income from day one. Owner-occupants can live in one unit while two government-backed Section 8 tenants (Units 1 and 3) pay roughly $2,629 a month — more than a typical principal-and-interest payment — covering the bulk of your housing cost. Buy as an investment, or move in with low-down owner-occupied financing (FHA, VA, or conventional). The building features three units — a three-bedroom, one-bath at 1,310 square feet and two one-bedroom, one-bath units. All units are separately metered and tenants pay their own electric; rent covers heat-gas, water-sewer, snow removal, trash, and yard maintenance.

Turnkey with nothing to fix — the big-ticket work is done: new roof, windows, and furnace (2017–2018) and new exterior doors and water heater (2020–2021). A single water heater and furnace serve all units via a programmable thermostat. The partially finished basement houses a shared laundry facility, a half bath, and four storage rooms, and a detached 3-car garage sits vacant for additional rental income.

Unit 2 enjoys a private balcony — ideal for an owner-occupant — while Unit 1's three-bedroom layout includes a private four-seasons room filled with leaded glass windows and natural light. The third-level loft, with its original leaded glass windows, offers a path to a fourth income-producing unit. The property is Rental-Certified, and the sale includes all kitchen appliances, three washer/dryer sets, and three window AC units. Live in one and rent the rest, or rent all three — either way, this Maplewood classic works for you.

Location

State MI

County Macomb

Area Area03161Eastpointe

Rooms

Basement Full, Partially Finished

Interior

Interior Features EntranceFoyer, ProgrammableThermostat

Heating Forced Air, Natural Gas

Cooling Ceiling Fans

Fireplace No

Laundry CommonArea, LaundryRoom

Exterior

Parking Features Garage, ParkingPad

Pool None

View Y/N No

Roof Type Asphalt

Garage true

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

Architectural Style Historic, Triplex

New Construction No

Schools

School District East Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional, FHA, VaLoan

Listing Terms Cash, Conventional, FHA, VaLoan

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Yes

Listed by Christian Draheim of National Realty Centers, Inc

Ryan Wrathell

Builder/Broker/Realtor License ID: 6506046893

+1(734) 341-0388

Ryan Wrathell

15105 Maplewood AVE Eastpointe, MI 48021

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

15105 Maplewood AVE