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    Stabilized Multifamily Building in Eastpointe Title is generated by Realmo AI

    21440 Kelly Rd, Eastpointe, MI 48021

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    For Sale
    $1,115,000

    Seven-unit apartment building, fully occupied, generating over $7,000 monthly.

    Type:Investment
    Property size:
    600 SF
    Price / SF:
    $1,858/SF
    Added:
    Apr 21, 2026
    Days on Market:
    53
    Last Refresh:
    Apr 21 at 1:07 am

    Property Features for 21440 Kelly Rd

    General Information

    Standard status
    Active
    Size
    600 SF
    Property subtype
    Investment

    Building Details

    Year Built
    1957

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    Listing Contact
    Brady Williams

    Listing agent Brady Williams

    Listing office

    Listing date Apr 21, 2026

    Source Elliman

    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

    HighLights

    • 100% Occupied: Provides immediate and consistent rental income
    • Stabilized 7‑Unit Apartment Building: Offers a secure and manageable investment
    • Grosses +$7,000 Per Month: Demonstrates strong monthly revenue generation
    • Annual Gross Potential Rent of $86,000
    • Separate Entrances for Each Unit: Enhances tenant privacy and appeal
    • One Parking Space Per Unit: Provides a dedicated parking amenity for each tenant

    Overview

    The property is a stabilized seven-unit apartment building located in Eastpointe, Michigan. The building is 100% occupied. Each unit features one bedroom and one bathroom, with an approximate area of 600 square feet. Each unit has its own separate entrance. The property provides one parking space per unit. The gross monthly income is over $7,000, with a potential annual gross rent of $86,000.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eastpointe
    County
    Macomb
    State
    Michigan
    Longitude
    -82.934598
    Latitude
    42.455946

    FAQs

    What type of property is this?
    Apartment building - Seven-unit apartment building, fully occupied, generating over $7,000 monthly.
    Where is this apartment building located?
    The property is located at 21440 Kelly Rd Eastpointe, MI.
    What is the asking price?
    The asking price for this property is $1,115,000.
    What are key features of this property?
    This property features: 100% Occupied: Provides immediate and consistent rental income; Stabilized 7‑Unit Apartment Building: Offers a secure and manageable investment; Grosses +$7,000 Per Month: Demonstrates strong monthly revenue generation
    More about this property
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