318 Blanche Street, Plymouth, MI 48170

Plymouth
Local realty services provided by:ERA Prime Real Estate Group
318 Blanche Street,Plymouth, MI 48170
$750,000
  • - Beds
  • 4 Baths
  • 2,200 sq. ft.
  • Multi-family
  • Active
Listed by: brady williams
Office: greater development llc.
MLS#:20261057040
Source:MI_REALCOMP

Price summary

  • Price:$750,000
  • Price per sq. ft.:$340.91

About this home

Turnkey 4-unit quadruplex in Plymouth's Historic Old Village, just blocks from downtown Plymouth and Kellogg Park. 100% leased with all four 1BR/1BA units occupied, generating $60,000 in in-place annual gross rent. Recent lease activity shows meaningful embedded rent growth: the longest-tenured resident just renewed at $1,225/mo (up 31% from her prior $935 rent), while a newly signed lease reflects a market-tested $1,325/mo, the highest in the building. Two of the four units remain priced below this level, giving a new owner a clear, low-capex path to mark rents to market as leases turn. Self-managed with a lean ~$13,300 annual operating expense load (taxes, insurance, utilities, repairs/maintenance, landscaping); no management fee has historically been charged. Tenants pay electric; owner covers water, sewer, trash, and natural gas heat. Slab foundation, vinyl exterior, asphalt roof. Ideal for a first-time investor, 1031 exchange buyer, or owner-operator seeking a turnkey...

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Home facts

  • Year built:1972
  • Subdivision & Development:GRAVEL HILL SUB
  • Listing ID #:20261057040
  • Added:27 day(s) ago
  • Updated:August 19, 2026 at 10:05 AM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:2,200 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Wall Furnace

Structure and exterior

  • Roof:Asphalt
  • Year built:1972
  • Building area:2,200 sq. ft.
  • Lot area:0.15 Acres
  • Architectural Style:Common Entry Building
  • Construction Materials:Vinyl Siding
  • Foundation Description:Slab
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$750,000
  • Price per sq. ft.:$340.91
  • Tax amount:$6,797
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