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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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15105 Maplewood Ave , Eastpointe, MI 48021
$335,000
Est. Payment: $1,725.08/mo
0 Bed
4 Bath
0 Sqft
Status: active | Days on site: 51
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jim Blehm
Team Owner, Realtor®

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. MichRIC

Property Type

Multi-Family

Lot/Acreage
0.16

Year Built

1928

County

Macomb

Neighborhood

Eastpointe City

Listing ID

20261042699

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:4
  • Full Bathrooms:
Other:Public

Exterior Features

Principal Interest
$1,725
Taxes
$758

Home Price

$335,000

Loan Details

30 yrs
6.676%

Down Payment

20%
$67,000
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Monthly Price:
$1,725.08

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,725.08 $758.00 $0.00 $2,483.08
Yearly $20,700.97 $9,096.00 $0.00 $29,796.97
Total $621,029.03 $272,880.00 $0.00 $893,909.03
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Brian Belinger
Loan Originator
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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.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-02T23:53:55.000Z

© 2026 MichRIC