Active

15105 Maplewood Avenue

Eastpointe, Michigan 48021

$335,000 $1,412/Mo

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Overview

Bed

3.5

Bath

2,557

Sqft

0.16

Acre(Lot)

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 over $47,000 in annual gross income with a cap rate of 10.5%. 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 t hermostat. 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.

Property Details

Property Type : Multifamily

Price : $335,000

AD Id : 84711915

MLS Id : 20261042699

Beds : 5

Lot Size : 0.16 Acre

Living Area Size : 2,557

Year Built : 1928

Garage : Garage

County : Macomb

Subdivision: Halfway Little Farms # 01

Map

What's Nearby

Nearby Areas

Features

Bathroom Information

Total Baths: 3.5 Full Baths: 3 Half Baths: 1
Interior Features

Laundry Facility,Entrance Foyer,Programmable Thermostat Roof: Asphalt Basement Description: Partially Finished
Heating & Cooling

Cooling: Ceiling Fan(s) Heating: Forced Air Heating Fuel: Natural Gas

Water Heater

Natural Gas

Building Information

Year Built: 1928 Building Stories: 3 Story Total Units: 3 Roof: Asphalt Foundation/Basement: Basement Architecture: Historic,Triplex
Exterior Features

Construction: Brick,Vinyl
Utility Features

Sewer: Sewer (Sewer-Sanitary)
Water

Public (Municipal) Water Heat: Natural Gas

Lot Information

Lot Size: 0.16 Lot Dimensions: 70X100 Frontage Feet: 70
Property Information

SQ ft: 2557 Subdivision: Halfway Little Farms # 01 Financing: Cash,Conventional

Listing Price Information

Original List Price: $335,000
Listing Information

Possession: Subject To Tenant Rights Legal Description: HALFWAY LITTLE FARMS NO 1 W 70 FT OF LOT 113 LIBER 3, PAGE 143

Tax Information

Annual Tax: $9,096 Parcel Number: 1431153006
Possession

Subject To Tenant Rights
Legal Information

Legal Description: Section: HALFWAY LITTLE FARMS NO 1 W 70 FT OF LOT 113 LIBER 3, PAGE 143

Unit 1 Information

# of Bedrooms: 2
Unit 3 Information

# of Bedrooms: 1

School Information

School District: Eastpointe Community Schools
Utility Information

Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
24320 Flower Ave , Eastpointe, MI, 48021	$204,900	4	2	1,824	1,824 SqFt
22454 Pleasant Avenue , Eastpointe, MI, 48021	$180,000	--	2	2,082	2,082 SqFt

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22454 Pleasant Avenue ,
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Bath

Sqft

Acre(Lot)

24320 Flower Ave ,
Eastpointe, MI, 48021

Bed

Bath

Sqft

15105 Maplewood Avenue ,
Eastpointe, MI, 48021

Bed

3.5

Bath

2,557

Sqft

0.16

Acre(Lot)

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 06/18/2026 @ 15:08

MLS: 20261042699 LISTED BY: Christian Draheim , National Realty Centers, Inc 248-468-1444 SOURCE: Realcomp II Ltd