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

River Rouge, MI, 48218
$ 399,900
Bedrooms-- Baths-- Sq 2,692

Monthly Estimate*

$ 2,462

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Commercial Property for sale in River Rouge, MI

for $399,900. This 2,692 square foot building 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

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Commercial Active

Price

$ 399,900

Property Type

Commercial

Taxes

$ 10,331

Style

RealEstateOnly

Lot Size

0.18

Year Built

1957

Town/City

River Rouge

County/Region

Wayne

MLS | Web ID

20261044429
Features
General
Sewer PublicSewer
Heating Baseboard NaturalGas
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1957
Levels One
Property Subtype RealEstateOnly
Current Use MultiFamily
Business Type Apartments
County Wayne
Net Operating Income 42180.0
Operating Expense 22620.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name DELISLES SUB
Garage Y/N N
Status Active
Directions West Jefferson to Burke
City RiverRougeCity_Wayne
Senior Community Y/N N
High School District RiverRouge
Zoning Description MultiFamily
Number Of Units Total 6
MLS Area Area05144RiverRouge
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 6
Land Lease Y/N N
Tax Annual Amount 10331.0
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
Occupancy Type Tenant
Tax Assessed Value 68870
Expected Active Date 2026-06-13
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
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Exterior
Water Source Public
Foundation Details Slab
Spa N
Lot Dimensions 61.25X100
Lot Size Acres 0.18
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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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2692.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 162
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* Excluded Features
List By
Steffanie Jozsa

Listing Agent

Real Estate One-Southgate

Broker

(734) 771-0038

Phone

Affordability Calculator

$3,323
Per Month
74%
26%
0%
Monthly Principal & Interest
$2,462
Monthly Property Taxes
$861
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
4909550 Elementary School
4909826 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
6/13/2026$399,900 Listed Price

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

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