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

Wyandotte, MI, 48192
$ 239,000
Baths0.0 Sq 1,974

Monthly Estimate*

$ 1,509

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Studio

Multi-Family Home for sale in Wyandotte, MI

for $239,000. This 1,974 square foot 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

Property Type

Multi-Family

Taxes

$ 7,484

Style

Lot Size

0.1

Year Built

1904

Town/City

Wyandotte

County/Region

Wayne

MLS | Web ID

70553593

Features
General
Heating Forced Air
Status Pending Pending
Year Built 1904
County Wayne
Class MULTIFAMILY
Type Multi-Family
Municipality Wyandotte
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Area Wyandotte (82147)
Primary City Wyandotte
City Wyandotte
School District Wyandotte City School District
Financial Terms Cash Conventional
Legal Description 01338 S 90 FT OF LOT 14 PART OF WYANDOTTE IN THE TWP OF ECORSE BLOCK 124 T3S R11E L1 P56 WCR
DOM 3
Postal Code 48192
Price Per Sq Ft Total AG 121.07
Public Remarks Turnkey Two-Unit Investment -- 1 974 Sq. Ft. -- Fully Occupied $30
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Interior
Basement MI Basement
Total Number of Units 2
Fuel Type Natural Gas
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Exterior
Exterior Vinyl Siding
Frontage 50
Lot Size Area 0.1
Lot Dimensions 50x90
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Armita Kyani

Listing Agent

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
759745 Elementary School
759582 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 1,974 sqft and a lot size of 0.1. 464 Elm Street is a studio with 0.0 baths and was built in 1904. The property's zip code is 48192 which is in Wyandotte, MI