14761 Stephens Drive, Eastpointe
$199,000
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 |
| Beds | 5 |
| Baths | 2 full |
| Square feet | 2,960 |
| Type | Single family residence |
| Subdivision | NICOLAI ESTATE SUB |
| County | Macomb |
| MLS # | 20261064674 |
| Listed | 2026-08-14 |
| Days on market | 52 |
| Year built | 1937 |
| Possession | At closing |
| Stories | 2 stories |
| Basement | Finished, Full |
| Heating | Forced air, Natural gas |
| Foundation | Basement, Block |
| Garage spaces | 3.0 |
| Water / Sewer | City water & sewer |
| Parcel number | 1325279025 |
| Listing office | Own It Realty |
Property taxes: the seller's bill vs. yours
| This seller today | You, the year after buying | |
|---|---|---|
| Taxable value | $85,413 | about $99,500 |
| Yearly property tax | $6,939 | about $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.