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Sold for $1,400,000 on 10/24/24
  • $1,400,000

    15321 E Nine Mile Rd, Eastpointe, MI 48021

    28beds
    19,392sqft
    Multi Family
    Built in 1955
    -- sqft lot
    $182,600 Zestimate®
    $72/sqft
    $1,187 Estimated rent

    What's special

    Situated on Nine Mile Road in Eastpointe, this apartment building presents a prime opportunity as a value-add property with significant potential. Comprising 24 units, including four two-bedroom units and twenty one-bedroom units, each unit features separated utilities. Water is either included in rent or charged back to tenants on a monthly basis. The building offers shared common areas in the basement, providing additional storage space. Tenants benefit from ample parking, and the property's proximity to major freeways ensures an easy commute. This property is ideal for investors seeking to add value and stabilize rents, capitalizing on its strategic location and promising market dynamics.

    Zillow last checked: 7 hours ago

    Listing updated: June 11, 2025 at 08:07am

    Listed by:

    Jerry Kizy 248-649-7200,

    Keller Williams Somerset,

    Michael J Allen 248-914-0847,

    Keller Williams Paint Creek

    Bought with:

    Joseph Hammel, 6501422602

    Keller Williams Somerset

    Source: Realcomp II,MLS#: 20240031219MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 28
    • Bathrooms: 24
    • Full bathrooms: 24
    Heating
    • Forced Air, Natural Gas, Separate Meters
    Cooling
    • Separate Meters, Window Units
    Appliances
    • Laundry: Common Area
    Features
    • Basement: Common,Full,Interior Entry,Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 19,392 sqft
    • Finished area above ground: 19,392

    Property

    Parking
    • Total spaces: 26
    • Parking features: Parking Lot, Unassigned
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    Lot
    • Size: 0.73 Acres
    • Dimensions: 200.00 x 160.00
    Details
    • Parcel number: 1430356014
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Upper Lower Apartment
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Basement, Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Above Ground Utilities, Cable Available, Underground Utilities

    Community & neighborhood

    Location
    • Region: Eastpointe
    • Subdivision: GEORGE FISCHER

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,Warranty Deed
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $182,600

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $182,600