35755 Glenwood Road Wayne, MI $ 240,000
35755 Glenwood Road
$ 240,000
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35755 Glenwood Road

Wayne, MI, 48184
$ 240,000
Baths2.2 Sq 2,722

Monthly Estimate*

$ 1,497

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Studio

Multi-Family Home for sale in Wayne, MI

for $240,000 with 2 full baths, 2 half baths. This 2,722 square foot home was built in 1920 on a lot size of 0.16.

Excellent investment - Charming and spacious brick two-flat, featuring upper and lower units, full basement, a detached two-car garage, and extra large lot. Each 1,361 SF unit offers two bedrooms, full bath, kitchen, living room, and dining room - perfect for tenant and owner/occupiers alike. Upper unit includes additional 500 SF attic/loft space with powder room providing extra versatility and income potential. Each kitchen comes equipped with refrigerator, range, and dishwasher. Both units enjoy separate front entrances, plus a shared side entrance which also leads to basement. The basement is divided for each unit, featuring individual washer and dryer, private storage or fitness area, and a shared common area with half-bath, and access to detached two car garage. Newer roof (approx. 2021) with transferable warranty, new hot water tank supplying upper unit (2025), newer air conditioning compressor for upper unit. Current city certificate of compliance through 10/14/2027. Sale includes large lot next door at another 0.16 acres. Property provides immediate, stable income (upper unit is leased), as well as strong rental potential (lower unit) and excellent investment upside! BATVAI. NOTE: This is a RECEIVERSHIP SALE - not a short sale.

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Multi-Family Pending

Price

$ 240,000

Bedrooms

Studio

Full Bath

2

Half Bath

2

Property Type

Multi-Family

Taxes

$ 5,113

Style

Duplex,Upper Lower Apartment

Lot Size

0.16

Year Built

1920

Town/City

Wayne

County/Region

Wayne

MLS | Web ID

20251048151

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style Duplex UpperLowerApartment
Pool Features None
Construction Materials Brick
Pets Allowed CatsOk NumberLimit Yes
Year Built 1920
Levels Three
Property Subtype MultiFamily
County Wayne
Net Operating Income 9780.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name WAYNE HIGHLANDS SUB-WAYNE
Garage Y/N Y
Rent Includes SnowRemoval Water YardMaintenance
Full Baths 2
Status Pending
Directions On Glenwood is located between Wayne Rd and Newburgh Rd north of Michigan Ave and south of Palmer Rd.
City WayneCity_Wayne
Disclosures ActualIncome TaxesPartiallyHomesteadExempt
Senior Community Y/N N
High School District WayneWestland
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area05083Wayne
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 1
Land Lease Y/N N
Tax Annual Amount 5113.0
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 Pending
Occupancy Type MultipleOccupantTypes
Tax Assessed Value 80796
Expected Active Date 2025-10-31
Legal Description 29J46 LOT 46 ALSO N 1/2 ADJ VAC ALLEY WAYNE HIGHLANDS SUB T2S R9E L36 P78 WCR
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Interior
Basement Full Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2722.0
Half Baths 2
Above Grade Finished Area Unit Type SquareFeet
Total Baths 4
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Exterior
Parking Features Garage ParkingPad Paved SharedDriveway
Water Source Other
Foundation Details Basement Block
Spa N
Lot Dimensions 50X135.5
Lot Size Acres 0.16
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 35755
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* Excluded Features
List By
Rachelle Cherkasov

Listing Agent

Forward, Realtors®

Broker

(248) 792-8190

Phone

Affordability Calculator

$1,923
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,497
Monthly Property Taxes
$426
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
4909228 Elementary School
4909250 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/1/2025$240,000 Listed Price

Map


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35755 Glenwood Road, Wayne, MI, 48184 is a Multi-Family Home for sale at $240,000 with 2,722 sqft and a lot size of 0.16. 35755 Glenwood Road is a studio with 2.2 baths and was built in 1920. The property's zip code is 48184 which is in Wayne, MI