35324 Chestnut Street Wayne, MI ^$ 197,500

35324 Chestnut Street

^$ 197,500

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35324 Chestnut Street

Wayne, MI, 48184

^$ 197,500

Studio Baths2.0 Sq 2,432

Monthly Estimate*

^$ 1,216

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Studio

Multi-Family Home for sale in Wayne, MI

for $197,500 with 2 full baths. This 2,432 square foot home was built in 1920 on a lot size of 0.16.

Charming 1920s two story duplex located on a peaceful tree-lined street. Ideal for an owner-occupied and/or first time home buyer. Just a few blocks to the downtown shopping area, grocery shopping, restaurants and more. Convenient for those commuting to Canton, Ann Arbor, Novi, Plymouth, Detroit Metro airport, Dearborn & other west Detroit neighborhoods for work. 35324 Chestnut is move-in ready & has recently been enhanced: new carpet in bedrooms, hall & main living area, freshly painted kitchen walls & basement floor, new kitchen faucets, newer kitchen appliances, & new H20 heater in Aug 2024! 35326 Chestnut has been occupied by the same tenant for over 15 years. The floor plan is identical for both sides (1216 SF plus full basement & attic w/large window). The 2 car garage has a divider wall in the middle so each renter has interior parking as well as additional parking in the large driveway. Each unit has its own water meter, updated electric panel (breakers) & gas service. Energy efficient & secure glass block windows w/vents were installed in the basement. Newer vinyl window on the main two floors.

Multi-Family Pending

Price

^$ 197,500

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,257

Style

Townhouse

Lot Size

0.16

Year Built

1920

Town/City

Wayne

County/Region

Wayne

MLS | Web ID

20261016172

Features

Interior

Interior Amenities ProgrammableThermostat

Basement Full Unfinished

Basement (Y/N) Y

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 2432.0

Half Baths 0

Laundry Features ElectricDryerHookup InUnit WasherHookup

Above Grade Finished Area Unit Type SquareFeet

Total Baths 2

General

Sewer PublicSewer

Heating ForcedAir NaturalGas

Cooling CeilingFans CentralAir

Utilities CableAvailable UndergroundUtilities

Possession AtClose

Roof Asphalt

Garage Spaces 0.0

Patio/Porch Features Covered Porch

Architectural Style Townhouse

Pool Features None

Security Features SmokeDetectors

Construction Materials WoodSiding

Pets Allowed CatsOk DogsOk Yes

Year Built 1920

Electric CircuitBreakers

Levels Two

Property Subtype MultiFamily

Community Features Sidewalks

County Wayne

Net Operating Income 9600.0

New Construction N

Property Type ResidentialIncome

HOA N

Attached Garage N

Subdivision Name WAYNE HIGHLANDS SUB-WAYNE

Garage Y/N Y

Full Baths 2

Status Pending

Directions North on Elizabeth Street to Right on Chestnut North of Michigan Avenue between Elizabeth Street & Wayne Road.

City WayneCity_Wayne

Disclosures ActualIncome TaxesNotHomesteadExempt

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 5257.0

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 Tenant

Tax Assessed Value 76258

Expected Active Date 2026-03-18

Legal Description 28M72 LOT 72 AND S 1/2 ADJ VAC ALLEY WAYNE HIGHLANDS SUB T2S R9E L36 P78 WCR

Exterior

Exterior Amenities PrivateEntrance

Fencing BackYard FencingAllowed

Parking Features Garage

Water Source Other Public

Total Parking 2.0

Foundation Details Basement Block

Spa N

Lot Dimensions 51X134

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

Internal Only

Street Number 1 35324

* Excluded Features

List By

Glenda Gerbstadt

Listing Agent

Coldwell Banker Professionals-Aa

Broker

(734) 646-4463

Phone

Affordability Calculator

$1,654

Per Month

Monthly Principal & Interest: $1,216
Monthly Property Taxes: $438
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Multi-family listings in Wayne, MI

Average List Price ^$190,225

Percent of Sale Price 4%

About Wayne, MI

18,179 Population

-5% Since 2002

^$40,817 Median Income

40.16 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4909228 Elementary School

4909250 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/16/2026	$183,900		Listed Price

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35324 Chestnut Street, Wayne, MI, 48184 is a Multi-Family Home for sale at $197,500 with 2,432 sqft and a lot size of 0.16. 35324 Chestnut Street is a studio with 2.0 baths and was built in 1920. The property's zip code is 48184 which is in Wayne, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 3/28/2026.

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35324 Chestnut Street

Multi-Family Home for sale in Wayne, MI

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