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    Dearborn, MI Quadplexes for Sale

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    Allen Park, MI Melvindale, MI Detroit, MI
    Investment
    $449,900
    Investment

    6022-6028 APPOLINE, Dearborn, MI 48126

    Quadplexes
    • Fully occupied 4‑unit multifamily built in 1927, each unit is a 1‑bedroom/1‑bath with approximately 800 SF.
    • Current gross income is $3,515 per month; most recent lease was signed at $915 per month.
    • Capital improvements include HVAC replacement work by Detroit Furnace in 2021, and major plumbing upgrades by Frost & Kretsch from 2020–2021.
    • Exterior updates include new front porch steps and masonry in 2022, plus exterior repairs completed for the City of Dearborn Certificate of Occupancy in 2020.
    • Tenant stability: zero move‑outs since 2023; average tenure is about 5 years, with the longest about 7 years.
    Updated: Jun 20
    View details
    Four-Unit Multifamily with 1-Bedrooms
    $449,900
    3,024 SF
    Four-Unit Multifamily with 1-Bedrooms

    6022 Appoline Street, Dearborn, MI 48126

    Fully occupied 4-unit property in Dearborn with stable tenancy and meaningful updates, including HVAC and major plumbing.
    • Fully occupied 4‑unit multifamily built in 1927, with four 1‑bedroom/1‑bath units at approximately 800 SF each
    • Current gross income of $3,515/month and a most recent lease signed at $915/month
    • HVAC replacement work completed by Detroit Furnace in 2021
    • Major plumbing upgrades by Frost & Kretsch completed from 2020–2021
    • New front porch steps and masonry completed in 2022
    Updated: Jun 18
    View details
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Dearborn, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

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    5319 Ivanhoe Street, Detroit, MI 48204

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    Detroit Multifamily Income Opportunity
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    Detroit Multifamily Investment Opportunity
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    Detroit Multifamily Renovation Opportunity
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    Detroit Multifamily Renovation Opportunity

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    Dearborn, MI Quadplexes Market Trends and Statistics

    Explore 2 quadplexes for sale in Dearborn, MI on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $449,900.

    Sale prices for four-unit buildings in Dearborn, MI start at $449,900, averaging $449,900, and reaching up to $449,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 11
    Apartment buildings 3
    Triplexes 3
    Quadplexes 2

    Demographics Overview

    Population 108K
    Population Growth (5Y) +16.3%
    Median Household Income $62,402
    College Educated 36.7%

    Taxes & Financing

    Tax Rate (average for all types) 5.36%
    Property Tax per SF $43.31 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Dearborn fall within the 100,000+ square foot range.

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