15361 E 9 Mile Road
Eastpointe, MI 48021
Multi Family · MLS # 20261089289 · Listing courtesy of Beycome Brokerage Realty LLC
About this home
Eastpointe 4-unit multifamily with all four units vacant, giving a new owner the ability to set rents from day one. The property includes one spacious 2-bedroom apartment occupying the entire upper level, one 1-bedroom apartment, and two studio apartments on the main floor. Each unit has its own full bathroom. Four separate units provide multiple rental income streams from one property. An owner-occupant also has the option to live in one unit while leasing the others. The property includes approximately 2,112 square feet of living space on a large 0.37-acre lot with a detached garage. MU-2 zoning permits fourplex use. All four units are vacant, allowing immediate access for updates and the flexibility to establish current market rents.
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 $239,900, or $114 per square foot, 15% above the city median, and has been on the market 1 day. 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 $6,721 a year. A buyer who lives here would pay about $2,670 to $7,314 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
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