Back 6037 Appoline St
Off Market

6037 Appoline St

Dearborn MI 48126

5
2214 sq. ft.
0.1 ac.
Multi-Family
Last sold for $410,000
Ali ChararaAli Charara, last sold this property on 07 August 2026 after 50 days on market.

Overview

EXCELLENT 5-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY LOCATED AT 6037 APPOLINE. THIS WELL-MAINTAINED BUILDING OFFERS A STRONG UNIT MIX, STABLE TENANCY, AND CLEAR UPSIDE THROUGH LEASING THE CURRENT VACANT UNIT. FOUR OF THE FIVE UNITS ARE OCCUPIED WITH CURRENT GROSS RENT OF $3,550 PER MONTH, AND THE LARGEST 1-BEDROOM UNIT, APPROXIMATELY 700 SF, IS CURRENTLY BEING MARKETED AT $925-$950 PER MONTH. THE PROPERTY HAS BENEFITED FROM SEVERAL IMPORTANT IMPROVEMENTS, HIGHLIGHTED BY A FULL BOILER REPLACEMENT COMPLETED IN 2021 WITH CITY CERTIFICATION. THIS IS ONE OF THE STRONGEST CAPITAL IMPROVEMENTS ON THE BUILDING. ADDITIONAL UPDATES INCLUDE UNIT RENOVATIONS, FLOORING UPDATES, BATHROOM AND KITCHEN IMPROVEMENTS, AND EMERGENCY/EXIT LIGHTING INSTALLED FOR THE CERTIFICATE OF OCCUPANCY. APPLIANCES HAVE ALSO BEEN REPLACED AS NEEDED ON TURNOVER. WITH TWO LEASES COMMITTED THROUGH 2026 AND 2027, LONG-TERM TENANTS IN PLACE, ON-SITE LAUNDRY, AND RENTAL UPSIDE WITH UNIT 4, THIS PROPERTY OFFERS BOTH IMMEDIATE CASH FLOW AND A VALUE-ADD OPPORTUNITY FOR AN INCOME-FOCUSED BUYER.

Features

5 bathrooms
2214 sq. ft. floor area
0.1 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Dearborn over the last 12 months, the estimated median property value of 6037 Appoline St is $309.5k.

Median value
$309.5k
Estimated value range
$150k - $410k
Median days on market
20
Estimated value trend
29%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Dearborn. 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 6037 Appoline St

2026
Sold
$410,000
07 Aug 2026 by Ali Charara, of Century 21 Curran & Oberski
2025
Rented
Undisclosed
01 Jun 2025 by @properties Christie's Int'l R.E. Detroit
2024
Rented
Undisclosed
07 Aug 2024 by @properties Christie's Int'l R.E. Detroit

Happy sellers in Dearborn

90%
90% of sellers in Dearborn reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 4 reviews in Dearborn over the last 12 months.

Local market activity for multi families in Dearborn

In the last 12 months, 16 multi families similar to 6037 Appoline St, have been sold.

This represents a 54% decrease in multi families sales when compared to the previous 12 months.

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