162 Burke Street River Rouge, MI ^$ 399,900

162 Burke Street

^$ 399,900

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Recently Listed

162 Burke Street

River Rouge, MI, 48218

^$ 399,900

Studio Baths6.0 Sq 2,692

Monthly Estimate*

^$ 2,462

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Studio

Multi-Family Home for sale in River Rouge, MI

for $399,900 with 6 full baths. This 2,692 square foot home was built in 1957 on a lot size of 0.18.

Excellent investment opportunity! Fully occupied 6-unit multifamily property offering immediate positive cash flow. Several units have been beautifully updated with remodeled kitchens and bathrooms, providing modern finishes that tenants appreciate. Property features coin-operated laundry for additional income and convenience. Well-maintained with strong rental history and stable occupancy. A turnkey investment with income from day one, making it a great addition to any investor's portfolio. Don't miss this opportunity to own a solid income-producing property! BATVAI

Multi-Family Active

Price

^$ 399,900

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 10,331

Style

Ranch

Lot Size

0.18

Year Built

1957

Town/City

River Rouge

County/Region

Wayne

MLS | Web ID

61002143

Features

General

Heating Baseboard

Possession At Close

Water Public Water

Status Active Active

Full Baths 6

Half Baths 0

Bathrooms 6

Year Built 1957

Subdivision Delisles Sub MI

Style Ranch

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 42180

Ownership Private

Municipality River Rouge

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 0

Structure Style 1 Story

Area River Rouge (82144)

Primary City River Rouge

Directions West Jefferson to Burke

City River Rouge

School District River Rouge School District

Financial Terms Cash Conventional

Legal Description 114J5 6 114Y28 LOTS 5 AND 6 DELISLES SUB OF A PT OF PC114 ALSO LOT 28 ASSORS RIVER ROUGE PLAT NO 1 OF PT OF PC25 AND 114 DELISLES SUB PC 114 L17 P17 WCR

DOM 0

Postal Code 48218

Price Per Sq Ft Total AG 148.55

Public Remarks Excellent investment opportunity! Fully occupied 6-unit multifamily property offering immediate positive cash flow. Several units have been beautifully updated with remodeled kitchens and bathrooms

Exterior

Exterior Brick

Lot Size Area 0.18

Lot Dimensions 61.25X100

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 6

Fuel Type Natural Gas

* Excluded Features

List By

Steffanie Jozsa

Listing Agent

Real Estate One-Southgate

Broker

steffaniejozsa@gmail.com

Affordability Calculator

$3,323

Per Month

Monthly Principal & Interest: $2,462
Monthly Property Taxes: $861
Monthly Home Insurance: --

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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 River Rouge, MI

Average List Price ^$206,129

Percent of Sale Price 48%

About River Rouge, MI

7,258 Population

-27% Since 2002

^$27,700 Median Income

34.64 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759550 Elementary School

759979 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/13/2026	$399,900		Listed Price

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162 Burke Street, River Rouge, MI, 48218 is a Multi-Family Home for sale at $399,900 with 2,692 sqft and a lot size of 0.18. 162 Burke Street is a studio with 6.0 baths and was built in 1957. The property's zip code is 48218 which is in River Rouge, 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.

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162 Burke Street

Multi-Family Home for sale in River Rouge, MI

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