464 Elm Street
Wyandotte, Michigan 48192
4
Bed
0
Bath
0.10Acre(Lot)
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 int
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Laundry Facility -
Heating & Cooling
Cooling: Central Air Heating: Forced Air Heating Fuel: Natural Gas
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Building Information
Year Built: 1904 Total Units: 2 Foundation/Basement: Michigan Basement -
Utility Features
Sewer: Sewer (Sewer-Sanitary),Sewer at Street -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.10 Lot Dimensions: 50x90 Frontage Feet: 50 -
Property Information
Financing: Cash,Conventional
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Listing Price Information
Original List Price: $239,000 -
Listing Information
Legal Description: 01338 S 90 FT OF LOT 14 PART OF WYANDOTTE IN THE TWP OF ECORSE, BLOCK 124 T3S R11E, L1 P56 WCR
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Tax Information
Annual Tax: $7,484 Parcel Number: 57015240014001Legal Information
Legal Description: Section: 01338 S 90 FT OF LOT 14 PART OF WYANDOTTE IN THE TWP OF ECORSE, BLOCK 124 T3S R11E, L1 P56 WCR
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Unit 2 Information
# of Bedrooms: 2
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School Information
School District: Wyandotte -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary),Sewer at Street
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1114 1st Street , Wyandotte, MI, 48192 | $997,900 | 11 | 4.5 | 3,100 | 3,100 SqFt |
| 153 Clinton Street , Wyandotte, MI, 48192 | $220,000 | 4 | -- | -- | |
| 300 2nd Street , Wyandotte, MI, 48192 | $215,000 | 4 | 3 | 1,939 | 1,939 SqFt |
| 1231 Eureka Road , Wyandotte, MI, 48192 | $250,000 | 2 | 2.5 | 1,764 | 1,764 SqFt |
| 3537 16th Street , Wyandotte, MI, 48192 | $165,900 | 3 | 2 | 1,600 | 1,600 SqFt |
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ByOwner last updated this listing 08/21/2026 @ 23:47
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