$799,999

190 Maple St Concord, MI 49237

Estimated payment $4,718/month

Total Views 1,121
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Corner Lot
  • Heating System Uses Steam
  • Laundry Facilities

About This Home

Don't miss this opportunity to own this 7 unit investment property. Recent updates to 3 of the vacant units will bring substantial rental value. Opportunity for rent raises on the remaining 4 units. Each unit has storage in the basement, separate meters and a 1 car garage. Showings subject to tenants rights.

Listing Agent

Eric Leighton

Home 1st Real Estate License #6501398494 Listed on: 02/02/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,305

Year Built

  • Built in 1957

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 128x165
  • Corner Lot

Home Design

  • Brick Exterior Construction

Laundry

  • Sink Near Laundry

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Laundry in Basement
  • Natural lighting in basement

Parking

  • 12 Parking Spaces
  • Gravel Driveway
  • Paved Parking

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Steam
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • The owner pays for gas, sewer, water

Community Details

Overview

  • 2 Buildings
  • 7 Units

Amenities

  • Laundry Facilities

Building Details

  • Insurance Expense $3,792
  • Utility Expense $14,974
  • Operating Expense $18,766
  • Gross Income $52,500
  • Net Operating Income $32,834

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,305

Year Built

Built in 1957

Lot Details

0.48 Acres

Listing Details

  • Property Sub-Type: Multi Family
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1957
  • General Property Info:Basement: Yes
  • Waterfront Options:Water Access YN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight, Full, Walk-Out Access
  • Basement: Yes

Exterior Features

  • Construction Materials: Brick
  • List Price: 799999.0
  • Lot Features: Corner Lot, Sidewalk
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Concrete, Gravel
  • Total Parking Spaces: 12.0

Utilities

  • Heating: Steam
  • Heating: Yes
  • Laundry Features: Common Area, Sink, In Basement
  • Utilities: Cable Connected, Natural Gas Connected, Electricity Connected
  • Water Source: Public Water

Lot Info

  • Lot Size Acres: 0.48
  • Lot Size Area: 0.48
  • Lot Dimensions: 128x165
  • Lot Size Sq Ft: 20909.0
  • Zoning Description: 201 Commercial

Rental Info

  • Owner Pays: Gas, Sewer, Water
  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 52500.0
  • Insurance Expense: 3792.0
  • Net Operating Income: 32834.48
  • Number of Units Total: 7
  • Operating Expense: 18765.52

Tax Info

  • Tax Annual Amount: 7304.63
  • Tax Year: 2025

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Tax History

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 $6,793 $186,900 $14,700 $172,200
2024 $34 $167,500 $13,100 $154,400
2023 $3,242 $149,000 $11,700 $137,300
2022 $7,909 $149,500 $0 $149,500
2021 $7,748 $147,300 $147,300 $0
2020 $7,660 $147,800 $0 $0
2019 $7,485 $143,300 $0 $0
2018 $5,681 $156,100 $0 $0
2017 $5,260 $136,600 $0 $0
2016 $1,199 $130,150 $0 $130,150
2015 -- $115,350 $115,350 $0
2014 -- $104,750 $0 $0
2013 -- $104,750 $104,750 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2026 02/02/26 For Sale $799,999 +33.3% --
12/02/2024 12/02/24 Sold $600,000 -14.3% -- View Prior Sale
10/02/2024 10/02/24 For Sale $699,900 -- --
Source: MichRIC

Source: MichRIC

MLS Number: 26003827

MichRIC
Your Personal Tour Guide

Ask me questions while you tour the home.