629 W Maple Road, Clawson City, MI 48017
ASSRS 3 - CLAWSON · Oakland County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Year Built
1958
Living Area
15,975 sq ft
Lot Size
0.37 acres
Lot Dimensions
340 x 167
Days on Market
101
MLS® Listing#
20261019861
Property Features
Cooling
Heating
Parking
Construction
Foundation
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$28,328
Assessed Value
$421,350
Parcel Number
2033201064
Directions
West of Livernois on the south side of Crooks
Affordability Calculator
$849,800
Estimated monthly payment
$22,615/mo
Principal $3,399,200 · Est. interest $4,742,186 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Clawson City, MI
- $235,067
- Median Listing Price
- 60
- Median Days on Market
- 1,492
- Median Sq Ft
- $136
- Median Price / Sq Ft
- 13,308
- Active Listings
- This home’s price is 1708% above the area median.
- Its price per sq ft is 96% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Clawson City, MI.
Location
Getting Around
Points of Interest in Clawson City, MI
Showing the Clawson City area map.
Nearby Schools
Schalm Elementary Ask Pto
Elementary · 0.5 mi away
Clawson Public Schools
School · 0.7 mi away
Clawson High School
Secondary · 0.8 mi away
Troy Adventist Academy
School · 1.1 mi away
Spanish for Toddlers
School · 1.1 mi away
Morse Elementary School
Elementary · 1.1 mi away
Clawson Public Schools
Elementary · 1.2 mi away
Schoolhouse Montessori of Troy
Elementary · 1.4 mi away
Oakland Schools Technical Campus Southeast
Secondary · 1.4 mi away
Japhet School
Elementary · 1.6 mi away
Christian Leadership Academy
School · 1.8 mi away
Royal Oak High School
Secondary · 1.8 mi away
Wattles Elementary School
Elementary · 1.9 mi away
Birmingham Public Schools
School · 2.0 mi away
Boulan Park Middle School
Secondary · 2.0 mi away
Upton Elementary School
Elementary · 2.0 mi away
Bemis Elementary School
Elementary · 2.0 mi away
Brookfield Academy
School · 2.1 mi away
Bishop Foley Catholic High School
Secondary · 2.1 mi away
Somerset Academy
School · 2.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 18055 Schoenherr Street, Detroit City, MI | $2,999,999 | 60 | 60 | 40,604 |
| 21400 W 7 Mile Road, Detroit City, MI | $3,500,000 | 88 | 64 | 50,478 |
| 15860 Joy Road, Detroit City, MI | $3,900,000 | 96 | 60 | 84,557 |
Moving Cost Estimate
EXIT Agents in Clawson City
Listing Courtesy: EXP Z Real Estate - 2489371337
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