Turnkey Clawson Multifamily
629 W Maple Rd Clawson, MI 48017
For Sale
$4,249,000
Well-maintained 25-unit apartment complex with upside potential.
Property Size1,200 SF
Price / SF$3,540
Days on Market95
Property Features for 629 W Maple Rd
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Commercial
Building Details
Year Built
1958
Listing Agency:
EXP Z Real Estate
(248) 937-1337
Listed By:
Mark Zawaideh · License #6506043253
(248) 937-1337
Source:
Elliman
Added: Apr 26
Changed: Jul 10
Last Checked: Jul 29 at 9:29AM
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 EXP Z Real Estate
Investment Insights
Based on property information with market context.
Z on Maple Apartments presents a turnkey investment opportunity located in Clawson. This well-maintained multifamily asset features 25 units, including 24 two-bedroom units and one oversized three-bedroom unit. Unit sizes range from approximately 925 to 1,200 square feet. The property is operating at approximately 92% occupancy and offers potential for rental increases to market rates. Capital improvements include new roofs installed within the last two years, updated electrical panels, parking lot resealing, and renovation of approximately 90% of the units over the past decade. Unit interiors feature updated vinyl flooring, granite countertops, and modern cabinetry. On-site laundry facilities are available for tenants. Ample parking is provided. The property is located along Maple Road, providing convenient access to Troy, Royal Oak, and Birmingham, placing it in one of Metro Detroit’s rental corridors. This asset offers a value-add opportunity with cash flow and long-term appreciation potential. The sale includes 8 townhomes located at 649 W. Maple, adjacent to the subject property.
Key Highlights
- Turnkey investment opportunity with 25 units, featuring 24 two‑bedroom and 1 three‑bedroom units, currently operating at approximately 92% occupancy.
- Significant recent capital improvements including new roofs (within 2 years), updated electrical panels, and parking lot reseal.
- Approximately 90% of units renovated in the last decade with vinyl flooring, granite countertops, and modern cabinetry.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 25-unit apartment complex with upside potential.
Where is this apartment building located?
The property is located at 629 W Maple Rd Clawson, 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, featuring 24 two‑bedroom and 1 three‑bedroom units, currently operating at approximately 92% occupancy.; Significant recent capital improvements including new roofs (within 2 years), updated electrical panels, and parking lot reseal.; Approximately 90% of units renovated in the last decade with vinyl flooring, granite countertops, and modern cabinetry.
