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318 Blanche, Plymouth, MI 48170

Plymouth
Local realty services provided by:CENTURY 21 Northland
318 Blanche,Plymouth, MI 48170
$750,000
  • - Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: brady williams
Office: greater development llc.
MLS#:61013934
Source:MI_REALSOURCE

Price summary

  • Price:$750,000

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 #:61013934
  • Added:50 day(s) ago
  • Updated:September 11, 2026 at 10:59 AM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4

Structure and exterior

  • Year built:1972
  • Lot area:0.15 Acres
  • Construction Materials:Vinyl Siding
  • Foundation Description:Slab
  • Levels:2 Story

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$750,000
  • Tax amount:$6,797
MLS LogoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. MI_REALSOURCE Member Broker: Brad Platt

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