318 Blanche Street

Off Market

318 Blanche Street

Plymouth MI 48170

2200 sq. ft.

0.15 ac.

Multi-Family

Last sold for $630,000

Brady Williams, last sold this property on 01 September 2026 after 40 days on market.

Overview

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 income-producing asset in western Wayne County. Buyer/buyer's agent to verify all information.

Features

4 bathrooms

2200 sq. ft. floor area

0.15 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar multi families sold in Plymouth over the last 12 months, the estimated median property value of 318 Blanche Street is $519.25k.

Median value

$519.25k

Estimated value range

$1.7k - $630k

Median days on market

Estimated value trend

172%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Plymouth. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 318 Blanche Street

2026

Sold

$630,000

01 Sep 2026 by Brady Williams, of Greater Development LLC

2016

Sold

$245,000

18 Nov 2016 by Michael Schocker, of The Fourmidable Group Inc

Happy sellers in Plymouth

95%

95% of sellers in Plymouth reported that their sale price either exceeded or met their price expectations.

Plymouth stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Plymouth over the last 12 months.

Local market activity for multi families in Plymouth

In the last 12 months, 3 multi families similar to 318 Blanche Street, have been sold.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Plymouth for a market analysis.

Danielle Buschmann

at Radrick Realty LLC

(40 reviews)

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Jennifer DeJohn

at REMAX Classic - Plymouth

(82 reviews)

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Mike & Mary Gladchun

at REMAX Classic - Plymouth

(12 reviews)

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Sharon Khousakoun

at REMAX Eclipse | Troy

(59 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Plymouth

Danielle Buschmann

Danielle Buschmann is a recommended agent for Plymouth. They have 6 local sales and collected 8 local reviews across the last 12 months.

5 (40 reviews)
8 Reviews in Plymouth
6 Sales in Plymouth

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Jennifer DeJohn

Sellers who recommend Jennifer DeJohn have praised them for being local expert, responsive, clear communication, well-prepared, reliable, supportive, and friendly