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Jenn Smart

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15105 Maplewood , Eastpointe, MI 48021
$335,000
Est. Payment: $1,745.73/mo
0 Bed
4 Bath
2557 Sqft
Status: active | Days on site: 77
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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.

Highlights

Listed by Christian Draheim , 313-410-8445 National Realty Centers, Inc , 248-468-1444. MiRealSource, Inc. mls logo

Property Type

Multi-Family

Lot/Acreage
0.16

Year Built

1928

County

Macomb

Area

Eastpointe (50026)

Neighborhood

Halfway Little Farms # 01

School District

Eastpointe Community Schl

Listing ID

61001808

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:4
  • Full Bathrooms:3
  • 1/2 Bathrooms:1
Air Cond:Ceiling Fan(s)
Fireplaces:
Above Ground Sq Ft:2557
Basement:Block,Partially Finished
Water:Public Water

Exterior Features

Lot Dimensions:70X100
Zoning:Multi-Family
Principal Interest
$1,746
Taxes
$758

Home Price

$335,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$67,000
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:
$1,745.73

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,745.73 $758.00 $0.00 $2,503.73
Yearly $20,948.78 $9,096.00 $0.00 $30,044.78
Total $628,463.37 $272,880.00 $0.00 $901,343.37
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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 (Eastpointe, 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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Data last updated: 2026-09-02T03:11:55.100Z

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