4245 9th Street Wayne, MI $ 350,000
4245 9th Street
$ 350,000
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4245 9th Street

Wayne, MI, 48229
$ 350,000
Bedrooms8 Baths8.0 Sq 3,556

Monthly Estimate*

$ 2,184

4245 9th Street, Wayne, MI 48229 - Image 1
4245 9th Street, Wayne, MI 48229 - Image 2
4245 9th Street, Wayne, MI 48229 - Image 3
4245 9th Street, Wayne, MI 48229 - Image 4
4245 9th Street, Wayne, MI 48229 - Image 5

Multi-Family Home for sale in Wayne, MI

for $350,000 with 8 bedrooms and 8 full baths. This 3,556 square foot home was built in 1950 on a lot size of 0.22.

4245 9th Street presents an eight-unit multifamily investment located in the City of Ecorse within the established Downriver rental market. The property features eight separately leased units with current monthly rents ranging from approximately $530 to $650 per unit, providing stable in-place income with diversification across multiple tenants. The location offers convenient access to major roadways, nearby employment centers, and everyday amenities, supporting consistent rental demand. With an existing rent roll and the potential for future adjustments in line with market conditions, this property is well-suited for investors seeking long-term hold opportunities, portfolio expansion, or a measured value-add strategy. Financial details available upon request.

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Multi-Family Active

Price

$ 350,000

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 6,580

Style

MultiFamily

Lot Size

0.22

Year Built

1950

Town/City

Wayne

County/Region

Wayne

MLS | Web ID

57050196253

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas SeparateMeters
Possession SubjectToTenantRights
Appliances Other
Garage Spaces 0.0
Year Built 1950
Levels Two
Property Subtype MultiFamily
County Wayne
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name DAVID T MORGAN SUB
Garage Y/N N
Full Baths 8
Status Back on Market
City WayneCity_Wayne
Disclosures TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Ecorse
Number Of Units Total 8
MLS Area Area05083Wayne
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 6580.0
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
Ownership Type LLC
Legal Description 114G110 111 LOTS 110 AND 111 DAVID T. MORGAN SUB PC 25 114 L29 P76 WCR
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Exterior
Water Source Public
Foundation Details CrawlSpace
Spa N
Lot Dimensions 9593
Lot Size Acres 0.22
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 3556.0
Total Bedrooms 8
Above Grade Finished Area Source PublicRecords
Above Grade Finished Area Unit Type SquareFeet
Total Baths 8
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Internal Only
Street Number 1 4245
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* Excluded Features
List By
Tyler Tresize

Listing Agent

Loss Realty Group

Broker

(419) 601-8737

Phone

Affordability Calculator

$2,732
Per Month
80%
20%
0%
Monthly Principal & Interest
$2,184
Monthly Property Taxes
$548
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
848428 Elementary School
848842 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/17/2025$350,000 Listed Price

Map


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4245 9th Street, Wayne, MI, 48229 is a Multi-Family Home for sale at $350,000 with 3,556 sqft and a lot size of 0.22. 4245 9th Street has 8 bedrooms, 8.0 baths, and was built in 1950. The property's zip code is 48229 which is in Wayne, MI