Turnkey Multifamily Investment
629 W Maple Road, Commerce Twp, MI 48017
Apartments,Real Estate Only - Commerce Twp, MI
Property size:
15,975 SFLot size:
0.37 AcresPrice / SF:
$265/SF- Added:
- Mar 27, 2026
- Days on Market:
- 48
- Last Refresh:
- May 13 at 10:06 am
Property Features for 629 W Maple Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- APN
- 2033201064
- Size
- 15,975 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Annual Amount
- 28328
Building Details
- Year built
- 1958
- Floors in Building
- 2
- Building materials
- Brick
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Mark Zawaideh (248) 937-1337
Listing office EXP Z Real Estate 40020 W 12 Mile Rd, MI (248) 937-1337
Listing date Mar 27, 2026
MLS# 20261019861
Listing URL
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HighLights
- Turnkey investment opportunity with 25 units operating at ~92% occupancy.
- Immediate upside potential through rental increases to market rates.
- Recent capital improvements including new roofs, updated electrical panels, and parking lot reseal.
- Approximately 90% of units renovated with vinyl flooring, granite countertops, and modern cabinetry.
- Desirable location along Maple Road with convenient access to Troy, Royal Oak, and Birmingham.
- Sale includes 8 townhomes located adjacent to the subject property.
Overview
This turnkey investment opportunity is located 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 to 1,200 square feet. The property is currently operating at approximately 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. The sale includes 8 townhomes located at 649 W. Maple, adjacent to the subject property. The property is situated on a 0.37-acre lot and has a property size of 15,975 square feet. The property is zoned for commercial use.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Map
- City
- Commerce Twp
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1514
- Latitude
- 42.5361
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Well-maintained 25-unit apartment complex with value-add potential.
Where is this apartment building located?
The property is located at 629 W Maple Road Commerce Twp, MI.
What is the asking price?
The asking price for this property is $4,249,000.
What are key features of this property?
This property features: Turnkey investment opportunity with 25 units operating at ~92% occupancy.; Immediate upside potential through rental increases to market rates.; Recent capital improvements including new roofs, updated electrical panels, and parking lot reseal.
