- 15,975
- sqft
- Status:
- Active
- MLS #:
- 60979269
- Neighborhood:
- Assrs 3 - Clawson
- County:
- Oakland
- Listed By:
- Mark Zawaideh - EXP Z Real Estate
- Agent Phone:
- (248) 890-7077
- Agent Email:
- support@soldbymarkz.com
Sponsoring Broker: Shawna Alt, First Weber
Turnkey investment opportunity in the heart of Clawson! Z on Maple Apartments is a well-maintained 25-unit multifamily asset featuring 24 spacious 2-bedroom units and 1 oversized 3-bedroom unit, with unit sizes ranging from approximately 925–1,200 square feet. The property is currently operating at ~92% occupancy and offers immediate upside through rental increases to market rates. Recent capital improvements include new roofs (within the last 2 years), updated electrical panels, parking lot reseal, and approximately 90% of units renovated over the past decade, minimizing near-term capital expenditures. Tenants enjoy updated interiors with vinyl flooring, granite countertops, modern cabinetry, and on-site laundry, along with ample parking and strong in-place demand. The property benefits from a highly desirable location along Maple Road with convenient access to Troy, Royal Oak, and Birmingham, placing it in one of Metro Detroit's strongest rental corridors. With projected NOI growth and below-market rents compared to surrounding properties, this asset presents a compelling value-add opportunity with strong cash flow and long-term appreciation potential. Sale Includes 8 Townhomes located at 649 W. Maple, adjacent to subject property.
Highlights
- Commercial Sale
- 0.37 Acre Lot
- 229 days on Market
-
- Construction Materials
- Brick
-
- Heating
- Baseboard, Hot Water
-
- Acres
- 0.37
-
- Water
- Public
-
- Area
- Clawson (63201)
-
- County
- Oakland
-
- City
- Commerce Twp
-
- Neighborhood
- Assrs 3 - Clawson
-
- Zip Code
- 48017
-
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Cost of the current home: $4249000
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LO NMLS #: 1168773
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Price History
| 05/16/2024 | Sold | $1,200 |
| Source: Realcomp #20240026614 | ||
| Listed | $1,200 | |
| Source: Realcomp #20240026614 | ||
| 01/18/2024 | Sold | $1,199 |
| Source: Realcomp #20230102231 | ||
| 01/04/2024 | Price Changed | $1,199 |
| Source: Realcomp #20230102231 | ||
| Listed | $1,250 | |
| Source: Realcomp #20230102231 | ||
| 03/27/2026 | Listed | $4,249,000 |
| Source: MiRealSource #60979269 | ||
| 01/18/2024 | Sold | $1,199 |
| Source: MiRealSource #60276570 | ||
| Price Changed | $1,199 | |
| Source: MiRealSource #60276570 | ||
| 12/05/2023 | Listed | $1,250 |
| Source: MiRealSource #60276570 | ||
Source: MLS Data
Mortgage History
| 08/31/2020 | Open End with Future Advance Clause / Open End Mortgage | $2,456,000 |
| 08/15/2017 | Open End with Future Advance Clause / Open End Mortgage | $1,920,000 |
| 10/22/2012 | Commercial | $1,350,000 |
Source: Public records via Constellation Data Labs
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Frequently Asked Questions
How do I schedule a tour of 629 W Maple Rd?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 629 W Maple Rd.
They know commercial sales in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 629 W Maple Rd?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $4,249,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Commerce Twp, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 629 W Maple Rd?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 629 W Maple Rd at around $26,541. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 629 W Maple Rd?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Oakland County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 629 W Maple Rd?
In most cases, yes. Whether 629 W Maple Rd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Commerce Twp's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 629 W Maple Rd?
We can handle that for you. Our preferred local agent specializes in commercial sales in Commerce Twp and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $4,249,000 with 15,975 sqft of space—that comes out to approximately $266 per square foot.
How long has this property been on the market?
629 W Maple Rd was listed on March 27, 2026, which means it's been on the market for 229 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
What is the lot size of this property?
629 W Maple Rd sits on a 0.37-acre lot, which is 16,117 square feet.
What are the property taxes for 629 W Maple Rd?
The most recent public record shows annual property taxes for 629 W Maple Rd were approximately $28,328. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 629 W Maple Rd still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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