5701-5707 Woodward Street Dearborn, MI $ 1,599,700
5701-5707 Woodward Street
$ 1,599,700
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5701-5707 Woodward Street

Dearborn, MI, 48184
$ 1,599,700
Bedrooms-- Baths-- Sq 11,218

Monthly Estimate*

$ 9,850

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Commercial Property for sale in Dearborn, MI

for $1,599,700. This 11,218 square foot building was built on a lot size of 0.15.

Rare opportunity to own two apartment buildings. This amazing investment consists of two separate apartment buildings. Building one is a brick two story, consisting of eight, two bedroom units, private patios with sliding doors with central laundry room with paid laundry that generates additional income. Building two consisting of eight one bedroom units, with central laundry room. A grand total of 16 apartment units Private parking lot with assigned spaces. Seasoned and strong rent roll for both buildings with full occupancy. All units are rented at market value with great paying long term tenants. Most of the units have been recently updated. Large center common area for both units Both buildings are fully city certified and ready for transfer. Do NOT disturb tenants. Showings will be scheduled only upon accepted offer. BATVAI

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Commercial Active

Price

$ 1,599,700

Property Type

Commercial

Taxes

$ 12,295

Style

Commercial/Industrial

Lot Size

0.15

Town/City

Dearborn

County/Region

Wayne

MLS | Web ID

60966193

Features
General
Heating Baseboard
Possession At Close
Water Public Water
Status Active Active
Year Built 19
Subdivision Hoag Sub MI
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Wayne
Zoning Multi-Family
Sale/Rent For Sale
Status Detail 0
Area Wayne (82083)
Primary City Wayne
Directions Take Wayne Rd to Van Born then head west.
City Dearborn
Financial Terms Cash Conventional
Legal Description 32R28 29 LOTS 28 AND 29 T2S R9E L52 P39 WCR HOAGS SUB
DOM 1
Postal Code 48184
Price Per Sq Ft Total AG 142.6
Public Remarks Rare opportunity to own two apartment buildings. This amazing investment consists of two separate apartment buildings. Building one is a brick two story consisting of eight two bedroom units
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Exterior
Exterior Brick Vinyl Siding
Frontage 120
Lot Size Area 0.15
Lot Dimensions 120x160
Roads Paved Street
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Hiba Saad

Listing Agent

Keller Williams Legacy

Broker

hibasaad@kw.com

Email

Affordability Calculator

$10,874
Per Month
91%
9%
0%
Monthly Principal & Interest
$9,850
Monthly Property Taxes
$1,025
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/28/2026$1,599,700 Listed Price

Map


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5701-5707 Woodward Street, Dearborn, MI, 48184 is a Commercial Property for sale at $1,599,700 with 11,218 sqft and a lot size of 0.15. The property's zip code is 48184 which is in Dearborn, MI