629 W Maple Rd Clawson, MI 48017
Clawson AreaEstimated payment $25,670/month
About This Home
Turnkey investment opportunity in the heart of Clawson! Z on Maple Apartments is a well-maintained 25-unit multifamily asset featuring 24 spacious 2-bedroom units and 1 oversized 3-bedroom unit, with unit sizes ranging from approximately 925–1,200 square feet. The property is currently operating at ~92% occupancy and offers immediate upside through rental increases to market rates.
Recent capital improvements include new roofs (within the last 2 years), updated electrical panels, parking lot reseal, and approximately 90% of units renovated over the past decade, minimizing near-term capital expenditures.
Tenants enjoy updated interiors with vinyl flooring, granite countertops, modern cabinetry, and on-site laundry, along with ample parking and strong in-place demand. The property benefits from a highly desirable location along Maple Road with convenient access to Troy, Royal Oak, and Birmingham, placing it in one of Metro Detroit’s strongest rental corridors.
With projected NOI growth and below-market rents compared to surrounding properties, this asset presents a compelling value-add opportunity with strong cash flow and long-term appreciation potential. Sale Includes 8 Townhomes located at 649 W. Maple, adjacent to subject property.
Property Details
Property Type
- Other
Est. Annual Taxes
Year Built
- Built in 1958
Lot Details
- 16,117 Sq Ft Lot
- Lot Dimensions are 340 x 167
- Zoning described as Commercial
Home Design
- 25,000 Sq Ft Home
- Brick Exterior Construction
- Block Foundation
- Poured Concrete
- Asphalt Roof
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
- Hot Water Heating System
Additional Features
- Basement
Community Details
- 25 Units
- Assrs 3 Clawson Subdivision
Listing and Financial Details
- Assessor Parcel Number 2033201064
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 | $27,465 | $604,810 | $0 | $0 |
| 2024 | $25,955 | $554,550 | $0 | $0 |
| 2023 | $24,836 | $513,730 | $0 | $0 |
| 2022 | $24,640 | $447,690 | $0 | $0 |
| 2021 | $24,056 | $407,060 | $0 | $0 |
| 2020 | $23,420 | $397,560 | $0 | $0 |
| 2019 | $23,865 | $367,440 | $0 | $0 |
| 2017 | $20,168 | $318,410 | $0 | $0 |
| 2015 | -- | $285,470 | $0 | $0 |
| 2014 | -- | $279,040 | $0 | $0 |
| 2011 | -- | $294,920 | $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 |
|---|---|---|---|---|
| 03/27/2026 03/27/26 | For Sale | $4,249,000 | 0.0% | $170 / Sq Ft |
| 06/04/2018 06/04/18 | Rented | $1,100 | 0.0% | -- |
| 05/30/2018 05/30/18 | Under Contract | -- | -- | -- |
| 05/18/2018 05/18/18 | For Rent | $1,100 | -- | -- |
Source: Realcomp
MLS Number: 20261019861
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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