Active listing · MLS #20261064674

14761 Stephens Drive, Eastpointe

$199,000

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About this home

Income-producing duplex with a tenant already in place! Upper unit rents for $1,100/month — instant cash flow for an investor. Lower unit is vacant, giving you flexibility to move in, rent it out, or use it for extra income right away. FHA financing makes this an excellent entry point — live in the lower unit and let your tenant’s rent help cover the mortgage. Great opportunity whether you’re building your rental portfolio or looking to owner-occupy with built-in cash flow from day one. Don’t miss this one!

The facts

Price$199,000
Beds5
Baths2 full
Square feet2,960
TypeSingle family residence
SubdivisionNICOLAI ESTATE SUB
CountyMacomb
MLS #20261064674
Listed2026-08-14
Days on market52
Year built1937
PossessionAt closing
Stories2 stories
BasementFinished, Full
HeatingForced air, Natural gas
FoundationBasement, Block
Garage spaces3.0
Water / SewerCity water & sewer
Parcel number1325279025
Listing officeOwn It Realty

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$85,413about $99,500
Yearly property tax$6,939about $6,007

Michigan caps a homeowner's taxable value until the home sells, then it resets. The assessor's state equalized value (SEV) is $101,100. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Eastpointe's 2025 homestead rate of 60.38 mills and assumes you claim the homestead exemption. See Eastpointe's full tax breakdown or run the uncapping calculator.

Ask Match Realty about this home

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-10-05T17:20-04:00; refreshed at least twice daily.