Skip To Content

26135 Groveland

Madison Heights, MI 48071
  • $3,150,000
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: 50212570
UPDATED: 37 min ago
$3,150,000
  • 3
    BEDS
  • 0.15
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,239
    SQFT
  • $2,542
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1943
County:

School Ratings & Info

School District:

Description

This property is being offered as a 19 unit single family rental portfolio across Southeast Michigan, sold together as one transaction. It is a turnkey package for an investor who wants real scale on day one instead of piecing it together one house at a time. All 19 homes are occupied and producing, with $343,380 in gross annual rent already in place and professional management running the day to day. The homes are spread across 11 established metro Detroit suburbs in Macomb, Oakland, and Wayne counties, so the income sits across a wide footprint instead of riding on one neighborhood. The mix is mostly three bedroom single family homes, with several four bedroom and multi bath homes in the group. Many of the homes have been renovated, with a handful fully redone in 2024 and 2025. 15 of the 19 homes are on month to month leases, which gives a new owner room to move below market rents toward market on a normal turn and renewal cycle. Tenants cover their own utilities. A full Offering Memorandum with verified financials, the rent roll, taxes, insurance, and full expense detail is available as a private document to qualified buyers under NDA. The 19 homes included in this offering: 22700 Arcadia, St. Clair Shores 61 Madison, Clawson 164 and 160 W Muir, Hazel Park 26135 Groveland, Madison Heights 26096 Delton, Madison Heights 21751 Bournemouth, Harper Woods 19537 E 12 Mile, Roseville 22020 Dante, Oak Park 21925 Elroy, Warren 12739 Sherman, Warren 11043 Hupp, Warren 15687 Ash, Eastpointe 22020 Sunset, Oak Park 32325 Parkwood, Westland 23021 Almond, Eastpointe 20237 Midway, Southfield 20640 Westhaven, Southfield 22456 Gascony, Eastpointe 34000 Fernwood, Westland Request the private Offering Memorandum and schedule your portfolio review today before someone else does. *Property is occupied please do not approach*

Monthly Payment Calculator



[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. 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. Data last updated: 2026-08-11T15:56:28.65.
www.sellsmi.com/homes/178088283
Print Image

26135 Groveland Madison Heights, MI 48071

  • Price: $3,150,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 37 min ago
  • MLS #: 50212570
3
Beds
1
Baths
0
½ Baths
0.15
Acres
1,239
SQFT
$2,542
$/SQFT
1943
Built
Neighborhood:
Groveland
County:
Oakland
Area:
Madison Heights (63252)
School District:
Madison Public Schools
Property Description
This property is being offered as a 19 unit single family rental portfolio across Southeast Michigan, sold together as one transaction. It is a turnkey package for an investor who wants real scale on day one instead of piecing it together one house at a time. All 19 homes are occupied and producing, with $343,380 in gross annual rent already in place and professional management running the day to day. The homes are spread across 11 established metro Detroit suburbs in Macomb, Oakland, and Wayne counties, so the income sits across a wide footprint instead of riding on one neighborhood. The mix is mostly three bedroom single family homes, with several four bedroom and multi bath homes in the group. Many of the homes have been renovated, with a handful fully redone in 2024 and 2025. 15 of the 19 homes are on month to month leases, which gives a new owner room to move below market rents toward market on a normal turn and renewal cycle. Tenants cover their own utilities. A full Offering Memorandum with verified financials, the rent roll, taxes, insurance, and full expense detail is available as a private document to qualified buyers under NDA. The 19 homes included in this offering: 22700 Arcadia, St. Clair Shores 61 Madison, Clawson 164 and 160 W Muir, Hazel Park 26135 Groveland, Madison Heights 26096 Delton, Madison Heights 21751 Bournemouth, Harper Woods 19537 E 12 Mile, Roseville 22020 Dante, Oak Park 21925 Elroy, Warren 12739 Sherman, Warren 11043 Hupp, Warren 15687 Ash, Eastpointe 22020 Sunset, Oak Park 32325 Parkwood, Westland 23021 Almond, Eastpointe 20237 Midway, Southfield 20640 Westhaven, Southfield 22456 Gascony, Eastpointe 34000 Fernwood, Westland Request the private Offering Memorandum and schedule your portfolio review today before someone else does. *Property is occupied please do not approach*
Exterior Features

Foundation Type Slab Frontage 50 Garage Type Detached Garage Lot Size 50x131x50x131 Structure Style 2 Story Waterfront YN No

Interior Features

Basement YN No Fireplace YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Additional Documents YN Yes Assessments YN No Financial Terms CashConventional For Sale Or Rent For Sale Lease YN No Municipality Madison Heights Municipality Type City Net Operating Income 159529 Ownership LLC Principal Res Exempt YN No Property Type Multi-Family Separate Electric YN Yes Separate Gas YN Yes Separate Heat YN Yes Separate Water YN Yes Sewer Septic Public Sanitary Sq Ft Source Public Records Subject To Short Sale Approval No Summer Tax Amount 2691 Summer Tax Year 2025 Taxable Value 50890 Total Expenses 166682 Total Tax Amount 3433 Total Tax Year 2025 Unit1 Occupied YN Yes Unit1 Rent Rate 1630 Water Public Water Winter Tax Amount 742 Winter Tax Year 2025

Listing courtesy of EXP Realty : 888-501-7085.

Source MLS: MiRealSource
Originating MLS: East Central AOR MLS

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2026 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The BRAND Real Estate. 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. Data last updated: 2026-08-11T15:56:28.65.
 
Logo
The BRAND Real Estate
5400 Gateway Center Ste B
Mundy Twp MI, 48507