15687 Ash Avenue

1,338 Sq. Ft.
$2,354 / Sq. Ft.
1,338
Sq. Ft.
$2,354
per Sq. Ft.

Description

This property is being offered as a 19 unit single family rental portfolio across Southeast Michigan, sold together as one transaction. It is a turnkey package for an investor who wants real scale on day one instead of piecing it together one house at a time. All 19 homes are occupied and producing, with $343,380 in gross annual rent already in place and professional management running the day to day. The homes are spread across 11 established metro Detroit suburbs in Macomb, Oakland, and Wayne counties,...This property is being offered as a 19 unit single family rental portfolio across Southeast Michigan, sold together as one transaction. It is a turnkey package for an investor who wants real scale on day one instead of piecing it together one house at a time. All 19 homes are occupied and producing, with $343,380 in gross annual rent already in place and professional management running the day to day. The homes are spread across 11 established metro Detroit suburbs in Macomb, Oakland, and Wayne counties, so the income sits across a wide footprint instead of riding on one neighborhood. The mix is mostly three bedroom single family homes, with several four bedroom and multi bath homes in the group. Many of the homes have been renovated, with a handful fully redone in 2024 and 2025. 15 of the 19 homes are on month to month leases, which gives a new owner room to move below market rents toward market on a normal turn and renewal cycle. Tenants cover their own utilities. A full Offering Memorandum with verified financials, the rent roll, taxes, insurance, and full expense detail is available as a private document to qualified buyers under NDA. The 19 homes included in this offering: 22700 Arcadia, St. Clair Shores 61 Madison, Clawson 164 and 160 W Muir, Hazel Park 26135 Groveland, Madison Heights 26096 Delton, Madison Heights 21751 Bournemouth, Harper Woods 19537 E 12 Mile, Roseville 22020 Dante, Oak Park 21925 Elroy, Warren 12739 Sherman, Warren 11043 Hupp, Warren 15687 Ash, Eastpointe 22020 Sunset, Oak Park 32325 Parkwood, Westland 23021 Almond, Eastpointe 20237 Midway, Southfield 20640 Westhaven, Southfield 22456 Gascony, Eastpointe 34000 Fernwood, Westland Request the private Offering Memorandum and schedule your portfolio review today before someone else does. Property is occupied please do not approach
  1. Listed by Travis C Scott • EXP Realty
    P: (989)-301-1330 C: (989)-301-1330 travis@thescotthometeam.com
  2. Listed by Macey Scott • EXP Realty
    P: (989)-301-1330 C: (989)-301-1330 macey@thescotthometeam.com

Property Details for 15687 Ash Avenue

Architectural Style
2 Story
Subdivision Name
Girard Gardens Sub
Has Waterfront
No
LISTING UPDATED: 06/30/2026 08:36 AM

Property Details for 15687 Ash Avenue

StatusActive
MLS #50212582
Days on Market10
Taxes$4,264 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1940
Lot Size0.13 AC / 5,662 SF
CountyMacomb County

Location

Listing Courtesy of EXP Realty
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Building Information for 15687 Ash Avenue

Stories2Residences19Year Built1940Building Size-Lot Size0.13 AC / 5,662 SF

Payment Calculator

$16,052 per month

30 year fixed, 6.36% Interest

Principal and Interest

$15,697

Property Taxes

$355

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 15687 Ash Avenue

Summary
Location and General Information
  • Carrier Route: C001
  • Cross Street: Gratiot Ave
  • Latitude: 42.460437
  • Longitude: -82.958585
  • MLS Area Major: Eastpointe (50026)
Taxes and HOA
  • Parcel Number: 02-14-31-176-036
  • Tax Annual Amount: $4,264.00
  • Tax Assessed Value: 54715
  • Tax Year: 2025
School Information
  • High School District: EastDetroit
Parking
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
Property
Lot Information
  • Frontage Length: 40.0
  • Lot Size Acres: 0.13
  • Lot Size Dimensions: 40x142x40x142
Property and Assessments
  • Above Grade Finished Area: 1338.0
  • Above Grade Finished Area Source: PublicRecords
  • Above Grade Finished Area Units: SquareFeet
  • Building Area Source: PublicRecords
  • Building Area Total: 1338.0
  • Living Area: 1338.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1940
Building Features
  • Foundation Details: Basement
  • Levels: Two
  • Total Stories: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Has Cooling: No
  • Has Fireplace: No
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
Multi Family
Multi Family Information
  • Number Of Units Total: 19
Income & Expenses
  • Net Operating Income: $159,529
  • Operating Expense: $166,682.00
Unit Information
Unit 1
  • Actual Rent: $1,420.00
  • Type: UnknownDataShare

Property History for 15687 Ash Avenue

DateEvent & SourcePriceAppreciation
Jun 18, 2026

Listed (Active)

MiRealSource #50212582

$3,150,000—
Jun 18, 2026

Listed (Active)

Realcomp #5050212582

$3,150,000—
Jun 15, 2020

Temporarily Off Market

MiRealSource #40047012

$129,950—
DateEvent & SourcePrice
06/18/2026

Listed (Active)

MiRealSource #50212582

$3,150,000
06/18/2026

Listed (Active)

Realcomp #5050212582

$3,150,000
06/15/2020

Temporarily Off Market

MiRealSource #40047012

$129,950

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 15687 Ash Avenue

Taxable ValueLand-Additions-Total-
Tax Record2024$4,195 ($350 / month)
Home Facts
Beds0Baths1.5Total Finished SqFt1,338 SqFtAbove Grade Finished SqFt1,338 SqFtStories2Lot Size5,663 SqFtStyleSingle Family ResidenceYear Built1940ZoningR-1CountyMACOMBAPN02-14-31-176-036Fireplace TypeHas Fireplace

Schools near 15687 Ash Avenue

This home is within East Detroit Public Schools.
Rating
School
Type
Grades
Distance
Public - 3 to 5
Public - 6 to 7
Public - 8 to 12
Public - 6 to 12
Rating
School
Distance
Pleasantview Elementary School
Public3 to 5

Kelly Middle School
Public6 to 7

East Detroit High School
Public8 to 12

East Detroit Virtual Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

15687 Ash Avenue is a multi-family home for sale in Eastpointe, MI 48021. This property was listed for sale on June 18, 2026 by EXP Realty, it's currently listed at $3,150,000. It has been on the market for a total of 10 days and was last sold on January 31, 2020. This listing's school district is East Detroit Public Schools. Nearby schools include Pleasantview Elementary School, Kelly Middle School and East Detroit High School. 15687 Ash Avenue is a 4-bed, 2-bath, 1,338 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXP Realty

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