$699,000
$101K PRICE DROP

190 Maple St Concord, MI 49237

Estimated payment $4,385/month

Total Views 6,508
-- 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

  • 20,909 Sq Ft 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
  • Driveway:Driveway: Paved, Concrete, Gravel
  • Mineral Rights:Mineral Rights: Unknown
  • Sewer:Sewer: Public Sewer
  • Util Avail at Street:Util Avail at Street: None
  • Extras:Extras: Garages, Laundry Facility, Sep Electric Meter, Tenant Storage
  • Lot Description:Lot Description: Corner Lot, Sidewalk
  • SourceMLSURL: https://sourcemls.org/api/v1/eyJ0eXAiOiJKV1QiLCJhbGciOiJIUzI1NiJ9.eyJTb3VyY2VTeXN0ZW1JRCI6IlQwMDAwMDAwNiIsIkxpc3RpbmdJRCI6IjI2MDAzODI3IiwiU3RhbmRhcmRTdGF0dXMiOiJBY3RpdmUiLCJNb2RpZmljYXRpb25UaW1lc3RhbXAiOiIyMDI2LTA2LTA5VDEwOjU2OjUxLjAwMFoiLCJMaWNlbnNlZUlEIjoib2F1dGgyXzE0NjI5IiwiTGljZW5zZWVOYW1lIjoiSG9tZXMgUHJvIn0.NejSlKoz56eLlMbn7VKG3fe5kqcYmb7EMNmoJHUlBpw/badge
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction Materials: Brick
  • List Price: 699000.0
  • Lot Features: Corner Lot, Sidewalk
  • Number of Buildings: 2
  • Road Surface Type: Paved
  • Waterfront: No
  • Access Feat:Accessibility Features2: No
  • Roofing:Roofing: Other

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
  • Heat Source:Heat Source: Natural Gas
  • Heat Type:Heat Type: Steam

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

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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
2026 $5,279 $215,500 $16,300 $199,200
2025 $5,279 $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

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 Prior Sale
06/04/2026 06/04/26 Price Changed $699,000 -9.2% --
03/04/2026 03/04/26 Price Changed $769,999 -3.8% --
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
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