15687 Ash Avenue Eastpointe, MI $ 3,150,000
15687 Ash Avenue
$ 3,150,000
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15687 Ash Avenue

Eastpointe, MI, 48021
$ 3,150,000
Bedrooms4 Baths2.0 Sq 1,338

Monthly Estimate*

$ 19,889

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Multi-Family Home for sale in Eastpointe, MI

for $3,150,000 with 4 bedrooms and 2 full baths. This 1,338 square foot home was built in 1940 on a lot size of 0.13.

This property is being offered as a 19 unit single family rental portfolio across Southeast Michigan, sold together as one transaction. It is a turnkey package for an investor who wants real scale on day one instead of piecing it together one house at a time. All 19 homes are occupied and producing, with $343,380 in gross annual rent already in place and professional management running the day to day. The homes are spread across 11 established metro Detroit suburbs in Macomb, Oakland, and Wayne counties, so the income sits across a wide footprint instead of riding on one neighborhood. The mix is mostly three bedroom single family homes, with several four bedroom and multi bath homes in the group. Many of the homes have been renovated, with a handful fully redone in 2024 and 2025. 15 of the 19 homes are on month to month leases, which gives a new owner room to move below market rents toward market on a normal turn and renewal cycle. Tenants cover their own utilities. A full Offering Memorandum with verified financials, the rent roll, taxes, insurance, and full expense detail is available as a private document to qualified buyers under NDA. The 19 homes included in this offering: 22700 Arcadia, St. Clair Shores 61 Madison, Clawson 164 and 160 W Muir, Hazel Park 26135 Groveland, Madison Heights 26096 Delton, Madison Heights 21751 Bournemouth, Harper Woods 19537 E 12 Mile, Roseville 22020 Dante, Oak Park 21925 Elroy, Warren 12739 Sherman, Warren 11043 Hupp, Warren 15687 Ash, Eastpointe 22020 Sunset, Oak Park 32325 Parkwood, Westland 23021 Almond, Eastpointe 20237 Midway, Southfield 20640 Westhaven, Southfield 22456 Gascony, Eastpointe 34000 Fernwood, Westland Request the private Offering Memorandum and schedule your portfolio review today before someone else does. *Property is occupied please do not approach*

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Multi-Family Active

Price

$ 3,150,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,264

Style

Lot Size

0.13

Year Built

1940

Town/City

Eastpointe

County/Region

Macomb

MLS | Web ID

50212582

Features
General
Heating Forced Air
Possession Negotiable (Possession)
Garage Detached Garage
Water Public Water
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1940
Subdivision Girard Gardens Sub MI
County Macomb
Class MULTIFAMILY
Type Multi-Family
Net Income 159529
Ownership LLC
Municipality Eastpointe
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Eastpointe (50026)
Primary City Eastpointe
City Eastpointe
School District Eastpointe Community Schl
Financial Terms Cash Conventional
Legal Description GIRARD GARDENS SUBDN LOT 7 LIBER 12 PAGE 34
DOM 8
Postal Code 48021
Price Per Sq Ft Total AG 2354.26
Public Remarks This property is being offered as a 19 unit single family rental portfolio across Southeast Michigan
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Exterior
Frontage 40
Lot Size Area 0.13
Lot Dimensions 40x142x40x142
Waterfront Y/N No
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Interior
Beds 4
Fireplace? No
Total Number of Units 19
Fuel Type Natural Gas
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* Excluded Features
List By
Travis Scott

Listing Agent

Exp Realty

Broker

travis@thescotthometeam.com

Email

Affordability Calculator

$20,245
Per Month
98%
2%
0%
Monthly Principal & Interest
$19,889
Monthly Property Taxes
$355
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2337160 Elementary School
2337161 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/24/2026$3,150,000 Listed Price

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15687 Ash Avenue, Eastpointe, MI, 48021 is a Multi-Family Home for sale at $3,150,000 with 1,338 sqft and a lot size of 0.13. 15687 Ash Avenue has 4 bedrooms, 2.0 baths, and was built in 1940. The property's zip code is 48021 which is in Eastpointe, MI