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71 E GREAT LAKES Street River Rouge, MI $ 615,000
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$ 615,000 Get more info
71 E GREAT LAKES Street
$ 615,000
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Share Save

71 E GREAT LAKES Street

River Rouge, MI, 48218
$ 615,000
Baths10.0 Sq 9,150

Monthly Estimate*

$ 3,837

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71 E GREAT LAKES Street, River Rouge, MI 48218 - Image 15
Studio

Multi-Family Home for sale in River Rouge, MI

for $615,000 with 10 full baths. This 9,150 square foot home was built in 1940 on a lot size of 0.13.

Fully Remodeled in 2017/2018 with all permits. (See interior photos!) Property has 10 units, all 1 bedroom units where the tenants pay for their own gas & Electric with DTE (Each unit is individually metered). All tenants are on month to month agreements and aware of sale. Maintenance should be normal to minimal as each year we have city inspections. All the units have the same footprint (Wear and tear will be different per unit). This property is ideal for investors looking for steady income and low maintenance.

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Multi-Family Active

Price

$ 615,000

Bedrooms

Studio

Full Bath

10

Property Type

Multi-Family

Taxes

$ 9,460

Style

Brownstone,Common Entry Building

Lot Size

0.13

Year Built

1940

Town/City

River Rouge

County/Region

Wayne

MLS | Web ID

20250033207
Features
Interior
Interior Amenities ENERGYSTARQualifiedDoors HighSpeedInternet
Basement InteriorEntry PartiallyFinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Window Features EgressWindows
Fireplace Y/N N
Above Grade Finished Area 7650.0
Half Baths 0
Laundry Features None
Below Grade Finished Area 1500.0
Total Baths 10
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General
Sewer PublicSewer
Heating ENERGYSTARQualifiedFurnaceEquipment NaturalGas
Cooling ENERGYSTARQualifiedACEquipment
Utilities AboveGroundUtilities
Possession AtClose
Architectural Style Brownstone CommonEntryBuilding
Pool Features None
Security Features CarbonMonoxideDetectors FireAlarm Firewalls
Construction Materials Brick
Pets Allowed No
Year Built 1940
Electric CircuitBreakers
Levels Three
Property Subtype MultiFamily
County Wayne
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name RIVER ROUGE IMPROVEMENT COS SUB NO 2
Garage Y/N N
Rent Includes MaintenanceOnSite
Full Baths 10
Status Active
Directions Jefferson and E. Great Lakes are the cross roads (Across from the Park).
City RiverRougeCity_Wayne
Disclosures AnnualPropertyOperatingDataNotAvailable ConformstoZoning ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District RiverRouge
Zoning Description MultiFamily
Number Of Units Total 10
MLS Area Area05144RiverRouge
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 7
Land Lease Y/N N
Tax Annual Amount 9460.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 96963
TaxOtherAnnualAssessmentAmount 0.0
Expected Active Date 2025-05-07
Legal Description 525C248B 249 N W 15 FT OF LOT 248 ALSO LOT 249 RIVER ROUGE IMPROVEMENT COS SUB NO. 2 PC 525 L23 P54 WCR
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Exterior
Parking Features OnStreet
Water Source Community
Total Parking 0.0
Lot Size Area 0.13
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 45.00 x 127.60
Lot Size Acres 0.13
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 71
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* Excluded Features
List By
Shannon McDougal

Listing Agent

Gemstone Realty

Broker

(248) 755-1995

Phone

Affordability Calculator

$4,625
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,837
Monthly Property Taxes
$788
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4909550 Elementary School
4909826 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/21/2025$615,000 -5.38% Price Down
8/26/2025$650,000 -18.24% Price Down
5/7/2025$795,000 Listed Price

Map

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71 E GREAT LAKES Street, River Rouge, MI, 48218 is a Multi-Family Home for sale at $615,000 with 9,150 sqft and a lot size of 0.13. 71 E GREAT LAKES Street is a studio with 10.0 baths and was built in 1940. The property's zip code is 48218 which is in River Rouge, MI

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