164 W Muir Avenue
Hazel Park, MI, 48030 $ 3,150,000
Baths2.0 Sq 1,047 Monthly Estimate*
$ 19,889
Studio for $3,150,000 with 2 full baths. This 1,047 square foot home was built in 1928 on a lot size of 0.07.
This property is being offered as a 19 unit single family rental portfolio across Southeast Michigan, sold together as one transaction. It is a turnkey package for an investor who wants real scale on day one instead of piecing it together one house at a time. All 19 homes are occupied and producing, with $343,380 in gross annual rent already in place and professional management running the day to day. The homes are spread across 11 established metro Detroit suburbs in Macomb, Oakland, and Wayne counties, so the income sits across a wide footprint instead of riding on one neighborhood. The mix is mostly three bedroom single family homes, with several four bedroom and multi bath homes in the group. Many of the homes have been renovated, with a handful fully redone in 2024 and 2025. 15 of the 19 homes are on month to month leases, which gives a new owner room to move below market rents toward market on a normal turn and renewal cycle. Tenants cover their own utilities. A full Offering Memorandum with verified financials, the rent roll, taxes, insurance, and full expense detail is available as a private document to qualified buyers under NDA. The 19 homes included in this offering: 22700 Arcadia, St. Clair Shores 61 Madison, Clawson 164 and 160 W Muir, Hazel Park 26135 Groveland, Madison Heights 26096 Delton, Madison Heights 21751 Bournemouth, Harper Woods 19537 E 12 Mile, Roseville 22020 Dante, Oak Park 21925 Elroy, Warren 12739 Sherman, Warren 11043 Hupp, Warren 15687 Ash, Eastpointe 22020 Sunset, Oak Park 32325 Parkwood, Westland 23021 Almond, Eastpointe 20237 Midway, Southfield 20640 Westhaven, Southfield 22456 Gascony, Eastpointe 34000 Fernwood, Westland Request the private Offering Memorandum and schedule your portfolio review today before someone else does. *Property is occupied please do not approach*
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FeaturesGeneralSewer PublicSewer
Heating ForcedAir NaturalGas SeparateMeters
Possession Negotiable
Garage Spaces 1.0
Year Built 1928
Levels Two
Property Subtype MultiFamily
Tax Year 2025
County Oakland
Net Operating Income 159529.0
Operating Expense 166682.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name FORD HEIGHTS- HAZEL PARK
Garage Y/N N
Full Baths 2
Status Active
City HazelParkCity_Oakland
Disclosures TaxesNotHomesteadExempt
Senior Community Y/N N
High School District HazelPark
Number Of Units Total 19
MLS Area Area02257HazelPark
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2741.0
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
Tax Assessed Value 28690
Ownership Type LLC
Legal Description T1N R11E SEC 35 FORD HEIGHTS SUB LOT 1068
AFH 101
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ExteriorParking Features OneCarGarage Detached
Water Source Public
Foundation Details Basement
Spa N
Lot Dimensions 30x100x30x100
Lot Size Acres 0.07
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1047.0
Total Bedrooms 3
Above Grade Finished Area Source PublicRecords
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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* Excluded FeaturesList ByTravis C ScottListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $19,889
- Monthly Property Taxes
- $228
- 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.
Learn more about how to save NearbyMulti-family listings in Hazel Park, MI
Average List Price $2,110,833
Percent of Sale Price 33%
About Hazel Park, MI 16,608 Population
-12% Since 2002
$ 33,622 Median Income
38.35 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4909273 Elementary School
4909339 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/24/2026 | $3,150,000 | | Listed Price |