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Listed price in listed location currency (USD).
$4,249,000

000

MLS® 20261019861

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 25000 sqft
Garage No
Maintenance Fees 
Taxes $28,328
Days Active 1
Approx. Age 1958
Avg. Price Per Sqft $169
MLS® Number 20261019861

Property Address: 629 W Maple Rd, Clawson, MI, 48017-1188

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number20261019861
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1958
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 27, 2026List Date
$4,249,000List Price
  • Commute

Commute

Starting Address
Destination Address
629 W Maple Rd, Clawson, MI

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