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.
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
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#: 20240031219

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
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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