14 days on rocket

15321 E 9 Mile Rd, Eastpointe, MI, 48021

$1,400,000

Home List Price

$10,000*

Closing Credit

24 Full Baths
19,392 SqFt
$72/SqFt
Multi
Schools Nearby

Location

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15321 E 9 Mile Rd, Eastpointe$1,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingUnassigned/General
Year Built1955
HeatingNatural Gas, Forced Air, Separate Meters
CoolingSeparate Meter, Window Unit(s)
BasementYes
MLS #20240031219
Lot Size0.73 Acres
StatusActive

About 15321 E 9 Mile Rd

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Upper/Lower Apartment
  • Year Built: 1955
  • Stories: 2
  • Living Area: 19,392 SqFt

Listing Office:

  • Office Name: Keller Williams Somerset
  • Office Phone: (248) 649-7200
  • Listing Agent: Jerry Kizy

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: Cable Available, Laundry Facility

Bedroom and Bathroom Information:

  • Full Bathrooms: 24

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Unassigned/General

Lot Features

Lot Information:

  • Lot Size: 0.73 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Separate Meters
  • Cooling: Separate Meter, Window Unit(s)

School Info

Assigned Schools Information:

  • East Detroit High School, Public District Grades 9-12
  • Kelly Middle School, Public District Grades 6-8
  • Pleasantview Elementary School, Public District Grades 3-5

Other

Directions Information:

  • Directions: West of Gratiot Ave & on 9 Mile Rd. Across from Michigan International Prep School - Eastpointe on the north side of E 9 Mile Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,400,000
  • Price Per SqFt: $72/SqFt

Tax Information:

  • Annual Amount: $38,971
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Eastpointe, MI.

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Eastpointe, MI

City

Med. Sold Price

$150K

Med. Price/SqFt

$130

Avg. Days On Market

67

# of Sold Homes

33

15321 E 9 Mile Rd vs Eastpointe

14 DAYS ON ROCKET

-53 Days

$1,400,000

+$1.2M More

$72/SqFt

-$58 Less

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $58/SqFt less than other homes in Eastpointe, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240031219

Listing Office:

  • Office Name: Keller Williams Somerset
  • Office Phone: (248) 649-7200
  • Listing Agent: Jerry Kizy

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2024, 9:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 17, 2013Home Sold
$600,000
Apr 11, 2013Home Sold
$473,000

Tax History

YEARPROP. TAXASSESSMENT
2021$38,971$507,700
2020$21,222$466,000
2019$21,153$452,100
2017$21,154$313,020

History based on county public records data.

Payment Calculator

$7,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,264

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3964554
2
/10

  • Pleasantview Elementary School

  • 16501 Toepfer Dr

  • 0.78 miles

  • Public District Grades 3-5

Middle School

school-card-donut-3964555
1
/10

  • Kelly Middle School

  • 24701 Kelly Rd

  • 1.97 miles

  • Public District Grades 6-8

High School

school-card-donut-3964556
3
/10

  • East Detroit High School

  • 15501 Couzens Ave

  • 0.12 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,590. The majority of Eastpointe, MI residents have income less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Macomb County›Eastpointe›48021›15321 E 9 Mile Rd

This home is located at 15321 E 9 Mile Rd in Eastpointe, MI and zip code 48021. This 19,392 square foot home, which was built in 1955, sits on a 0.73 acre lot. Features: 24 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $1,400,000.

Over 12 listings were sold over their listed price in April 2024 in Eastpointe, MI. In the same period over 14 listings were sold below the listed price and 7 listings were sold for the listed price. In April 2024 in Eastpointe, MI there were 31% more homes for sale than in March 2024. In April 2024, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $150,000.

From Rocket Homes Real Estate and based on county public records data.

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