14761 Stephens Drive
Eastpointe, MI 48021
Multi Family · MLS # 20261063815 · Listing courtesy of Own It Realty
About this home
Income-producing duplex with a tenant already in place! Upper unit rents for $1,100/month — instant cash flow for an investor. Lower unit is vacant, giving you flexibility to move in, rent it out, or use it for extra income right away. FHA financing makes this an excellent entry point — live in the lower unit and let your tenant’s rent help cover the mortgage. Great opportunity whether you’re building your rental portfolio or looking to owner-occupy with built-in cash flow from day one. Don’t miss this one!
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Eastpointe
Over the last 90 days, 88 homes sold in Eastpointe for a median of $159,950, about $99 per square foot, and the typical one went under contract in 12 days. This home is listed at $199,000, or $67 per square foot, 32% below the city median, and has been on the market 88 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Eastpointe sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $6,939 a year. A buyer who lives here would pay about $5,208 to $6,067 a year once the taxable value resets after the sale, at the 2025 homestead rate of 60.38 mills for Eastpointe City and East Detroit schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Eastpointe
IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Nov 14, 2026, 5:55 PM.