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

6022–6028 appoline presents a strong, fully occupied 4-unit multifamily opportunity in dearborn.? The property consists of four spacious 1-bedroom / 1-bath units, approximately 800 square feet each, with current gross income of $3, 515 per month.? The most recent lease was signed at $915 per month, showing clear rental upside as in-place rents remain below market.? The building has benefited from meaningful capital improvements, including hvac replacement work by detroit furnace in 2021, major plumbing upgrades by frost & kretsch from 2020–2021, new front porch steps and masonry in 2022, and exterior repairs completed for the city of dearborn certificate of occupancy in 2020.? Appliances have also been replaced as units turned over.? Tenancy is stable, with zero move-outs since 2023.? Current tenants average approximately five years in place, with the longest tenant in place for about seven years.? Three of the four units are conventional month-to-month tenancies, providing flexibility for a future owner-occupant or investor.? Unit 6028 #4 is a housing-voucher tenancy with approximately $595 of the $875 rent paid directly by the housing authority and consistent payments dating back to 2019.? With stable occupancy, dependable income, recent major improvements, and real upside through rental growth, this is an attractive dearborn multifamily asset for investors or owner-occupants seeking income and flexibility.?
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
6022-6028 Appoline St, Dearborn, MI

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