318 Blanche Street
Plymouth, Michigan 48170
4
Bed
4
Bath
2,200Sqft
0.15Acre(Lot)
Turnkey 4-unit quadruplex in Plymouth's Historic Old Village, just blocks from downtown Plymouth and Kellogg Park. 100% leased with all four 1BR/1BA units occupied, generating $60,000 in in-place annual gross rent. Recent lease activity shows meaningful embedded rent growth: the longest-tenured resident just renewed at $1,225/mo (up 31% from her prior $935 rent), while a newly signed lease reflects a market-tested $1,325/mo, the highest in the building. Two of the four units remain priced below this level, giving a new owner a clear, low-capex path to mark rents to market as leases turn. Self-managed with a lean ~$13,300 annual operating expense load (taxes, insurance, utilities, repairs/maintenance, landscaping); no management fee has historically been charged. Tenants pay electric; owner
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 4 Full Baths: 4 -
Interior Features
Roof: Asphalt -
Heating & Cooling
Heating: Wall Furnace Heating Fuel: Natural Gas
-
Building Information
Year Built: 1972 Building Stories: 2 Story Total Units: 4 Roof: Asphalt Foundation/Basement: Slab Architecture: Common Entry Building -
Exterior Features
Construction: Vinyl -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.15 Lot Dimensions: 50X132 -
Property Information
SQ ft: 2200 Subdivision: Gravel Hill Sub Financing: Cash,Conventional
-
Listing Price Information
Original List Price: $750,000 -
Listing Information
Possession: Subject To Tenant Rights Legal Description: 26M50 LOT 50 GRAVEL HILL SUB TIS R8E L21 P54 WCR
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Tax Information
Annual Tax: $6,797 Parcel Number: 49005070050000Possession
Subject To Tenant RightsLegal Information
Legal Description: Section: 26M50 LOT 50 GRAVEL HILL SUB TIS R8E L21 P54 WCR
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Unit 1 Information
# of Bedrooms: 4
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School Information
School District: Plymouth Canton -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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ByOwner last updated this listing 07/28/2026 @ 17:16
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