Seller's Agent in 2025
Nick Jaafar
Keller Williams Legacy
(313) 228-3777
426 Total Sales
17138 Quarry St Riverview, MI 48193
Estimated Value: $382,078
Studio
--
Bath
3,125
Sq Ft
$122/Sq Ft
Est. Value
About This Home
As of July 2025Do not approach tenants!
Turnkey 3-Unit Apartment Complex – Fully Renovated & Fully Occupied!
Discover this beautifully renovated, income-generating property featuring three units and prime amenities. Featuring almost 3,500 sq feet. The expansive 1,700 sqft first-floor unit offers a spacious 2-bedroom layout with a luxurious master suite, walk-in closet, custom kitchen with quartz countertops, vinyl flooring, and a bright, open-concept living room. Rear storage space adds extra convenience. The second floor includes two additional units, one of which has been tastefully updated. A brand new tankless water heater, efficiently heating the whole building (installed in 2024) ensures energy-efficient comfort for all tenants. This well-maintained complex is fully occupied, delivering immediate cash flow. Enjoy private rear parking, ample street parking, and an additional parking agreement with a nearby liquor store just two buildings down, ensuring plenty of tenant parking. Whether you're expanding your portfolio or looking for a stable investment, this property offers long-term value and strong returns. All measurements are approximate agent to verify.
Last Agent to Sell the Property
Keller Williams Legacy License #6501403947 Listed on: 05/13/2025
Property Details
Property Type
- Other
Est. Annual Taxes
Year Built
- Built in 1927 | Remodeled in 2024
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 70 x 115
- Zoning described as Commercial, Multiple
Home Design
- 3,125 Sq Ft Home
- Vinyl Siding
Community Details
- Joseph E Newcomer Fort St Subdivision
Listing and Financial Details
- Assessor Parcel Number 51011010248002
- $795 per year additional tax assessments
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2025
Closed on
Jun 30, 2025
Sold by
Bought by
Seller's Agent
Nick Jaafar
Keller Williams Legacy
Buyer's Agent
Nick Jaafar
Keller Williams Legacy
List Price
$395,000
Sold Price
$385,000
Premium/Discount to List
-$10,000
-2.53%
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,922
Avg. Annual Appreciation
-0.74%
Original Mortgage
$288,750
Outstanding Balance
$287,269
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$94,809
Purchase Details
Closed on
Nov 10, 2022
Sold by
Bought by
Purchase Details
Closed on
May 10, 2013
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $385,000 | V1 Title Agency | ||
| $200,000 | Minnesota Title | ||
| $6,000 | Michigan Title Insurance Age |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $288,750 | ||
| Closed | $80,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | Sold | $385,000 | -2.5% | $123 / Sq Ft |
| 05/23/2025 05/23/25 | Pending | -- | -- | -- |
| 05/13/2025 05/13/25 | For Sale | $395,000 | -- | $126 / Sq Ft |
Source: Realcomp
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,887 | $71,600 | $0 | $0 |
| 2024 | $2,743 | $42,800 | $0 | $0 |
| 2023 | $1,782 | $39,100 | $0 | $0 |
| 2022 | $2,502 | $36,700 | $0 | $0 |
| 2021 | $2,366 | $34,700 | $0 | $0 |
| 2020 | $2,453 | $35,900 | $0 | $0 |
| 2019 | $2,461 | $36,000 | $0 | $0 |
| 2018 | $1,531 | $35,800 | $0 | $0 |
| 2017 | $1,624 | $35,100 | $0 | $0 |
| 2016 | $2,299 | $35,600 | $0 | $0 |
| 2015 | $3,444 | $34,500 | $0 | $0 |
| 2013 | $3,380 | $33,800 | $0 | $0 |
| 2012 | $1,816 | $35,800 | $2,900 | $32,900 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Jaafar
Map
Source: Realcomp
MLS Number: 20250034891
APN: 51-011-01-0248-002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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