464 Elm Street Wyandotte, MI $ 239,000
464 Elm Street
$ 239,000
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464 Elm Street

Wyandotte, MI, 48192
$ 239,000
Baths2.0

Monthly Estimate*

$ 1,509

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Studio

Multi-Family Home for sale in Wyandotte, MI

for $239,000 with 2 full baths. This home was built in 1904 on a lot size of 0.1.

Turnkey Two-Unit Investment — 1,974 Sq. Ft. — Fully Occupied, $30,480/Year in Rental Income — Wyandotte. Own a fully occupied two-unit multifamily property with rental income already in place from day one. Both units feature 2 bedrooms and 1 full bathroom, currently rented for a combined $2,540/month ($1,320 + $1,220). Current tenants have a history of on-time rental payments. Each unit has its own furnace and water heater, plus fridge, stove, microwave, and washer/dryer. Tenants pay gas/electric; owner covers water/trash — low landlord overhead. Private entrance, covered front porch, storage shed on-site. Walking distance to Downtown Wyandotte, restaurants, shopping, and the Detroit River. City inspection completed; seller addressing minor items. Inspection report available to interested buyers. Pre-approval/proof of funds required for showings. 24-hr notice required — tenants occupied. Seller is a licensed Michigan real estate agent with ownership interest in the property.

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Multi-Family Pending

Price

$ 239,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 7,484

Style

2 to 4 Units

Lot Size

0.1

Year Built

1904

Town/City

Wyandotte

County/Region

Wayne

MLS | Web ID

26043912

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Utilities Natural Gas Connected
Construction Materials Vinyl Siding
Year Built 1904
Tenant Pays Electric Gas
Township Wyandotte City
Property Subtype 2 to 4 Units
Tax Year 2025
County Wayne
New Construction N
Property Type Multi Family
Status Pending
City Wyandotte
High School District Wyandotte
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 4500.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 7484.17
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Pending
Occupancy Type Tenant
Tax Assessed Value 106952
Legal Description 01338 S 90 FT OF LOT 14 PART OF WYANDOTTE IN THE TWP OF ECORSE BLOCK 124 T3S R11E L1 P56 WCR
Senior Community None
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Interior
Basement Michigan Basement
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Laundry Features In Unit
Total Baths 2
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Exterior
Total Parking 0.0
Lot Size Area 0.1
Number of Buildings 1
Spa N
Lot Dimensions 50x90
Lot Size Acres 0.1
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 464
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* Excluded Features
List By
Keller Williams Ann Arbor Mrkt

Broker

armitakyani@kw.com

Email

Affordability Calculator

$2,133
Per Month
71%
29%
0%
Monthly Principal & Interest
$1,509
Monthly Property Taxes
$624
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4320437 Elementary School
4320438 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/20/2026$239,000 Listed Price

Map


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464 Elm Street, Wyandotte, MI, 48192 is a Multi-Family Home for sale at $239,000 with a lot size of 0.1. 464 Elm Street is a studio with 2.0 baths and was built in 1904. The property's zip code is 48192 which is in Wyandotte, MI