6028-6022-6028 Appoline St, Dearborn, MI

Name: 6028 - 6022-6028 Appoline St, For Sale in Dearborn - eXp Realty
Brand: Century 21 Curran & Oberski
SKU: 20261045671
Price: 449900 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$449,900

040

MLS® 20261045671

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size 3024 sqft

Garage No

Taxes $6,425

Days Active 1

Lot Size

Approx. Age 1927

Avg. Price Per Sqft $148

MLS® Number 20261045671

Property Address: 6028-6022-6028 Appoline St, Dearborn, MI, 48126-2320

Average square foot calculated using Size range provided by listing agent.

Description

Heart of east dearborn multi-family investment opportunity prime appoline multi-family opportunity located in the heart of east dearborn, offering two well-located occupied properties with strong tenancy, recent capital improvements, and meaningful rent upside. The offering includes 6022-6028 appoline, a fully occupied 4-unit property with all 1-bedroom / 1-bath units, currently producing $3, 515/month gross income. The property has long-term tenants in place, zero move-outs since 2023, and several recent improvements including hvac replacement work, major plumbing upgrades, front porch masonry, exterior c of o repairs, and appliances replaced on turnover. Three of the four units are conventional month-to-month and may be deliverable to an owner-occupant, making this an excellent opportunity for an fha buyer, house-hacker, or investor seeking stable income with upside. Unit 6028 #4 is a section 8 voucher tenancy, with approximately $595 of the $875 rent paid directly by the housing authority since 2019. 6037 appoline, a 5-unit multi-family property with all 1-bedroom / 1-bath units. Once unit 4 is leased at the current asking range of $925-$950/month, the stabilized gross income is projected at approximately $4, 485/month, or roughly $53, 800 annually. Current in-place gross income is $3, 550/month with four of five units occupied. The property features strong tenancy, committed leases through 2026 and 2027, on-site laundry, and recent improvements including boiler/mechanical work by detroit furnace, unit renovations, flooring updates, emergency and exit lighting for c of o, and appliances replaced on turnover. Both properties offer a rare opportunity to acquire income-producing multi-family assets in one of east dearborn’s most active rental markets, with stable in-place income and room to increase rents over time. Financials and additional property details available upon request.

MLS® Number20261045671

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageNo

Approx. Age1927

BasementUnfinished

Driveway

Garage Spaces0

HeatForced Air, Natural Gas

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 17, 2026List Date

$449,900List Price

Commute

Commute

Starting Address

Destination Address

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