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Jenn Smart

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629 W Maple , Commerce Twp, MI 48017
$4,249,000
Est. Payment: $22,142.13/mo
0 Bed
0 Bath
15975 Sqft
Status: active | Days on site: 102
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Turnkey investment opportunity in the heart of Clawson! Z on Maple Apartments is a well-maintained 25-unit multifamily asset featuring 24 spacious 2-bedroom units and 1 oversized 3-bedroom unit, with unit sizes ranging from approximately 925–1,200 square feet. The property is currently operating at ~92% occupancy and offers immediate upside through rental increases to market rates. Recent capital improvements include new roofs (within the last 2 years), updated electrical panels, parking lot reseal, and approximately 90% of units renovated over the past decade, minimizing near-term capital expenditures. Tenants enjoy updated interiors with vinyl flooring, granite countertops, modern cabinetry, and on-site laundry, along with ample parking and strong in-place demand. The property benefits from a highly desirable location along Maple Road with convenient access to Troy, Royal Oak, and Birmingham, placing it in one of Metro Detroit's strongest rental corridors. With projected NOI growth and below-market rents compared to surrounding properties, this asset presents a compelling value-add opportunity with strong cash flow and long-term appreciation potential. Sale Includes 8 Townhomes located at 649 W. Maple, adjacent to subject property.

Highlights

Listed by Mark Zawaideh , 248-890-7077 EXP Z Real Estate , 248-937-1337. MiRealSource, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
0.37

Year Built

19

County

Oakland

Area

Clawson (63201)

Neighborhood

Assrs 3 - Clawson

Listing ID

60979269

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:15975
Water:Public Water

Exterior Features

Lot Dimensions:340 x 167
Zoning:Commercial
Roof:Asphalt
Principal Interest
$22,142
Taxes
$2,361

Home Price

$4,249,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$849,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$22,142.13

Principal

Taxes

Principal Taxes HOA Total
Monthly $22,142.13 $2,360.67 $0.00 $24,502.80
Yearly $265,705.56 $28,328.00 $0.00 $294,033.56
Total $7,971,166.80 $849,840.00 $0.00 $8,821,006.80
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Commerce Twp, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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Data last updated: 2026-09-02T03:11:55.100Z

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