6037 Appoline St Dearborn, MI 48126
Hemlock Park NeighborhoodEstimated payment $3,000/month
About This Home
EXCELLENT 5-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY LOCATED AT 6037 APPOLINE. THIS WELL-MAINTAINED BUILDING OFFERS A STRONG UNIT MIX, STABLE TENANCY, AND CLEAR UPSIDE THROUGH LEASING THE CURRENT VACANT UNIT. FOUR OF THE FIVE UNITS ARE OCCUPIED WITH CURRENT GROSS RENT OF $3,550 PER MONTH, AND THE LARGEST 1-BEDROOM UNIT, APPROXIMATELY 700 SF, IS CURRENTLY BEING MARKETED AT $925–$950 PER MONTH. THE PROPERTY HAS BENEFITED FROM SEVERAL IMPORTANT IMPROVEMENTS, HIGHLIGHTED BY A FULL BOILER REPLACEMENT COMPLETED IN 2021 WITH CITY CERTIFICATION. THIS IS ONE OF THE STRONGEST CAPITAL IMPROVEMENTS ON THE BUILDING. ADDITIONAL UPDATES INCLUDE UNIT RENOVATIONS, FLOORING UPDATES, BATHROOM AND KITCHEN IMPROVEMENTS, AND EMERGENCY/EXIT LIGHTING INSTALLED FOR THE CERTIFICATE OF OCCUPANCY. APPLIANCES HAVE ALSO BEEN REPLACED AS NEEDED ON TURNOVER. WITH TWO LEASES COMMITTED THROUGH 2026 AND 2027, LONG-TERM TENANTS IN PLACE, ON-SITE LAUNDRY, AND RENTAL UPSIDE WITH UNIT 4, THIS PROPERTY OFFERS BOTH IMMEDIATE CASH FLOW AND A VALUE-ADD OPPORTUNITY FOR AN INCOME-FOCUSED BUYER.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1930
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 35x121
Home Design
- 2,214 Sq Ft Home
- Brick Exterior Construction
- Block Foundation
Bedrooms and Bathrooms
- 5 Full Bathrooms
Utilities
- Baseboard Heating
- Heating System Uses Natural Gas
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number 32821008313019
Community Details
Overview
- 5 Units
- Robert Oakmans Oakman Blvd & Miller Ave Subdivision
Pet Policy
- Cats Allowed
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,631 | $94,800 | $0 | $0 |
| 2024 | $6,017 | $119,100 | $0 | $0 |
| 2023 | $5,351 | $114,200 | $0 | $0 |
| 2022 | $6,160 | $104,800 | $0 | $0 |
| 2021 | $6,312 | $85,700 | $0 | $0 |
| 2019 | $6,237 | $83,100 | $0 | $0 |
| 2018 | $6,323 | $83,400 | $0 | $0 |
| 2017 | $1,337 | $83,400 | $0 | $0 |
| 2016 | $4,278 | $79,500 | $0 | $0 |
| 2015 | $6,561 | $79,450 | $0 | $0 |
| 2013 | $6,356 | $77,900 | $0 | $0 |
| 2011 | -- | $82,850 | $0 | $0 |
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 |
|---|---|---|---|---|---|
| 06/17/2026 06/17/26 | For Sale | $465,000 | 0.0% | $210 / Sq Ft | |
| 06/01/2025 06/01/25 | Rented | $875 | 0.0% | -- | |
| 05/21/2025 05/21/25 | Under Contract | -- | -- | -- | |
| 04/21/2025 04/21/25 | For Rent | $875 | -2.8% | -- | |
| 08/07/2024 08/07/24 | Rented | $900 | 0.0% | -- | |
| 08/06/2024 08/06/24 | Under Contract | -- | -- | -- | |
| 07/12/2024 07/12/24 | For Rent | $900 | +5.9% | -- | |
| 08/17/2023 08/17/23 | Rented | $850 | 0.0% | -- | |
| 07/27/2023 07/27/23 | For Rent | $850 | -2.9% | -- | |
| 01/11/2023 01/11/23 | Rented | $875 | 0.0% | -- | |
| 01/10/2023 01/10/23 | Under Contract | -- | -- | -- | |
| 12/31/2022 12/31/22 | For Rent | $875 | 0.0% | -- | |
| 12/16/2022 12/16/22 | Under Contract | -- | -- | -- | |
| 12/07/2022 12/07/22 | For Rent | $875 | +10.1% | -- | |
| 04/01/2021 04/01/21 | Rented | $795 | 0.0% | -- | |
| 02/17/2021 02/17/21 | Under Contract | -- | -- | -- | |
| 02/10/2021 02/10/21 | For Rent | $795 | +2.6% | -- | |
| 10/01/2020 10/01/20 | Rented | $775 | 0.0% | -- | |
| 08/21/2020 08/21/20 | Under Contract | -- | -- | -- | |
| 08/19/2020 08/19/20 | For Rent | $775 | 0.0% | -- | |
| 08/13/2020 08/13/20 | Under Contract | -- | -- | -- | |
| 08/03/2020 08/03/20 | Price Changed | $775 | -3.1% | $1 / Sq Ft | |
| 06/01/2020 06/01/20 | For Rent | $800 | +45.5% | -- | |
| 03/31/2020 03/31/20 | Rented | $550 | -26.7% | -- | |
| 02/21/2020 02/21/20 | For Rent | $750 | +25.0% | -- | |
| 11/01/2016 11/01/16 | Rented | $600 | 0.0% | -- | |
| 11/01/2016 11/01/16 | Under Contract | -- | -- | -- | |
| 10/27/2016 10/27/16 | For Rent | $600 | 0.0% | -- | |
| 07/21/2016 07/21/16 | Rented | $600 | -4.0% | -- | |
| 07/18/2016 07/18/16 | Under Contract | -- | -- | -- | |
| 07/15/2016 07/15/16 | For Rent | $625 | 0.0% | -- | |
| 07/07/2016 07/07/16 | Under Contract | -- | -- | -- | |
| 06/21/2016 06/21/16 | For Rent | $625 | 0.0% | -- | |
| 03/15/2016 03/15/16 | Sold | $180,000 | -25.0% | $82 / Sq Ft | View Prior Sale |
| 01/14/2016 01/14/16 | Pending | -- | -- | -- | |
| 11/20/2015 11/20/15 | For Sale | $239,900 | -- | $109 / Sq Ft |
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $180,000 | Crossroads Title |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $141,600 | Future Advance Clause Open End Mortgage |
Source: Realcomp
MLS Number: 20261045677
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
- 6022-6028 Appoline
- 6131 Appoline St
- 6130 Oakman Blvd
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- 6242 Calhoun St
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