Turnkey 4-unit investment opportunity in the heart of River Rouge! This fully occupied multifamily property features four spacious units, each offering 2 bedrooms and 1 full bathroom. With strong, consistent rental income already in place, this is an ideal addition to any investor's portfolio. The property has been well maintained and includes a brand-new boiler system installed in December 2025, providing added efficiency and peace of mind for years to come. Conveniently located near major roadways, shopping, and local amenities, this property offers both stability and long-term upside potential.
Turnkey 4-unit investment opportunity in the heart of River Rouge! This fully occupied multifamily property features four spacious units, each offering 2 bedrooms and 1 full bathroom. With strong, consistent rental income already in place, this is an ideal addition to any investor’s portfolio. The property has been well maintained and includes a brand-new boiler system installed in December 2025, providing added efficiency and peace of mind for years to come. Conveniently located near major roadways, shopping, and local amenities, this property offers both stability and long-term upside potential.
Greater Lansing AoR #60978040
May 4, 2026
Sold
$225,000
$83/sq ft
May 4, 2026
Sold
$225,000
$83/sq ft
Apr 6, 2026
Pending
—
Mar 23, 2026
Listed
$242,000
$89/sq ft
Mar 23, 2026
Listed
$242,000
$89/sq ft
Turnkey 4-unit investment opportunity in the heart of River Rouge! This fully occupied multifamily property features four spacious units, each offering 2 bedrooms and 1 full bathroom. With strong, consistent rental income already in place, this is an ideal addition to any investor's portfolio. The property has been well maintained and includes a brand-new boiler system installed in December 2025, providing added efficiency and peace of mind for years to come. Conveniently located near major roadways, shopping, and local amenities, this property offers both stability and long-term upside potential.
REALCOMP #20261011717
Mar 11, 2026
Pending
—
Feb 25, 2026
Listed
$242,000
$89/sq ft
MiRealSource-MiMLS #60971777
Mar 11, 2026
Pending
—
Mar 11, 2026
Listing Removed
—
Mar 11, 2026
Listing Removed
—
Feb 25, 2026
Listed
$242,000
$89/sq ft
APPFOLIO #1
Oct 4, 2024
Rental Removed
$890
$0/sq ft
Jul 31, 2024
Price Changed
$890
$0/sq ft
Jun 11, 2024
Listed for Rent
$925
$0/sq ft
Greater Lansing AoR #40186611
Aug 9, 2021
Sold
$130,500
$48/sq ft
Aug 9, 2021
Sold
$130,500
$48/sq ft
Jun 22, 2021
Pending
—
Jun 15, 2021
Listed
$135,000
$50/sq ft
Jun 15, 2021
Listed
$135,000
$50/sq ft
REALCOMP #2210044578
Aug 9, 2021
Sold
$130,500
$48/sq ft
Jun 22, 2021
Pending
—
Jun 15, 2021
Listed
$135,000
$50/sq ft
Public Records
Jun 21, 2006
Sold
$119,000
$44/sq ft
MiRealSource-MiMLS #18565
Apr 28, 2006
Sold
$119,000
$44/sq ft
Jan 28, 2006
Listing Removed
—
Sep 21, 2005
Listed
$120,000
$44/sq ft
Public Records
Jun 23, 2000
Sold
$98,500
$36/sq ft
MiRealSource-MiMLS #17928
May 31, 2000
Sold
$95,000
$35/sq ft
Dec 1, 1999
Listed
$105,000
$39/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,968 (+2.7%)
2024
$3,862 (+3.8%)
2023
$3,723 (+3.6%)
2022
$3,593 (+67.4%)
2021
$2,147 (−0.7%)
2020
$2,161 (+46.7%)
2019
$1,473 (−28.1%)
2018
$2,050 (−9.3%)
2017
$2,259 (−2.9%)
2016
$2,327 (−27.1%)
2015
$3,192 (−27.9%)
2014
$4,426
Public record
Beds
—
Baths
4
Stories
—
Lot width
42 ft.
Lot depth
165 ft.
Lot size
6,970 Sq. Ft.
Year renovated
—
Sq. Ft.
2,704
Year built
1924
Style
Single Family Residential
County
Wayne County
APN
50 004 14 0019 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 8, 2026.
Property details
Parking
Parking/Garage Information
Parking: On Street
Interior
Bathroom Information
# of Bathrooms (Full): 4
# of Baths/Lavatories (Total): 4
Laundry/Basement Information
Basement Type: Block
Exterior
Exterior Features
Exterior Construction: Vinyl Siding
Foundation Type: Basement
Property Information
Property Type: Multi-Family
Structure Style: 2 Story
Styles: Colonial
Year Built: 1924
Lot Information
Zoning: Multi-Family
Land Information
Acreage: 0.16
Roads: Paved Street
Financial
Tax/Assessments Information
Taxable Value: $40,692
Total Tax Amount: $3,994
Summer Tax Amount: $2,794
Winter Tax Amount: $1,200
Lease/Rent Information
Has Lease
Lease Information: Water Included
Utilities
Utility Information
Water: Public Water
Fuel Type: Natural Gas
Heating System: Steam
Location
Mult-Unit Information
# of Units (Total): 4
Net Operating Income: $42,780
Net Operating Income: 42780
School Information
School District: River Rouge School District
School District: River Rouge School District
Address Information
Street Designation: Street
Location Details
Directions: Great Lakes and West Jefferson
Municipality Type: City
Municipality: River Rouge
Mail City: River Rouge
Subdivision: Abbott & Beymers Great Lakes Sub
Municipality: River Rouge
Area (Municipality): River Rouge (82144)
Public facts
Beds: —
Baths: 4.0
Sq. Ft.: 2,704
Stories: —
Lot Size: 6,970 square feet
Style: Single Family Residential
Year Built: 1924
Year Renovated: —
County: Wayne County
APN: 50 004 14 0019 000
Home facts updated by county records on Aug 8, 2026
Other
Listing Information
Originating MLS: RealComp
Around this home
Schools
Ann Visger K-5 Preparatory Academy
Public PreK-5 • Assigned • 0.2mi
2/10
Cb Sabbath 6-8 Preparatory Academy
Public 6-8 • Assigned • 0.8mi
3/10
River Rouge High School
Public 9-12 • Assigned • 0.8mi
4/10
Provided by GreatSchools
Climate risks
4/10 Flood Factor
Estimated 18-28% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 95° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
6 unhealthy days expected this year, 8 days in 30 years
Provided by First Street
Historical weather
River Rouge, MI • 48218 1506
Average low and high temperatures (°F)
29
17
35
21
52
34
62
43
68
51
81
63
84
69
80
64
77
60
66
49
50
39
37
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 27% for direct sun exposure in River Rouge. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.9 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$222,000 – $269,000
Sell confidently with a local market expert in River Rouge.