Turnkey 4-Unit
318 Blanche St Plymouth, MI 48170
New
For Sale
$750,000
Turnkey, fully leased 4-unit quadplex with four 1BR/1BA apartments and owner-covered water, sewer, trash, and heat.
Days on Market7
Property Features for 318 Blanche St
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1972
Listing Agency:
(360) 989-5395
Listed By:
Brady Williams
(360) 989-5395
Source:
Elliman
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 29 at 2:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brady Williams
Investment Insights
Based on property information with market context.
This turnkey 4-unit quadplex offers four leased 1BR/1BA apartments. The property is 100% occupied, with recent lease activity reflecting upward embedded rent levels, including a renewal and a newly signed lease at the highest rent in the building.
Located in Plymouth’s Historic Old Village, the property is just blocks from downtown Plymouth and Kellogg Park. The quadplex has a slab foundation with a vinyl exterior and an asphalt roof.
Operating expenses run lean, with no management fee historically charged. Tenants pay electric, while the owner covers water, sewer, trash, and natural gas heat. Buyer and buyer’s agent to verify all information.
Located in Plymouth’s Historic Old Village, the property is just blocks from downtown Plymouth and Kellogg Park. The quadplex has a slab foundation with a vinyl exterior and an asphalt roof.
Operating expenses run lean, with no management fee historically charged. Tenants pay electric, while the owner covers water, sewer, trash, and natural gas heat. Buyer and buyer’s agent to verify all information.
Key Highlights
- Turnkey, fully leased 4‑unit quadruplex with four 1BR/1BA apartments all currently occupied
- In‑place annual gross rent of $60,000; longest‑tenured resident renewed at $1,225/mo (31% increase from $935)
- Newly signed lease at $1,325/mo is the highest rent in the building; two units are still priced below this level
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Turnkey, fully leased 4-unit quadplex with four 1BR/1BA apartments and owner-covered water, sewer, trash, and heat.
Where is this quadplex located?
The property is located at 318 Blanche St Plymouth, MI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Turnkey, fully leased 4‑unit quadruplex with four 1BR/1BA apartments all currently occupied; In‑place annual gross rent of $60,000; longest‑tenured resident renewed at $1,225/mo (31% increase from $935); Newly signed lease at $1,325/mo is the highest rent in the building; two units are still priced below this level
