Excellent Investment Opportunity - 9-Unit Property in Wayne! Welcome to 35449 Clinton Street, a solid income-producing property located in a desirable area of Wayne. This 9-unit building currently has 6 out of 9 units occupied, each generating $650 per month, providing immediate and consistent cash flow. The property offers strong rental demand and is situated in a convenient location near shopping, dining, and major roadways, making it attractive to tenants. With one unit currently vacant, there is also additional upside potential for increased income. Whether you're looking to expand your portfolio or secure a stable, income-generating asset, this property presents a great opportunity with steady returns and room for growth. No showings until an offer is accepted. Please do not disturb tenants.
Wayne City Center, located between Michigan Avenue and the Lower Rouge River corridor, is a civic and commercial Wayne neighborhood with a walkable main street and a classic small-town grid. The neighborhood’s character concentrates around the Michigan Ave and Wayne Rd crossroads, where storefronts, diners, and service counters line the sidewalks under steady traffic. Brick municipal buildings and mid-century retail blocks set a practical, downtown rhythm. The Wayne Public Library anchors quiet corners for reading and community programs. Goudy Park adds a green pause near the river. Side streets mix older houses with small apartment buildings, keeping daily errands close to the center.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Block basement
Bathrooms
3 full bathrooms
Heating & cooling
Heating: see remarks / other
Cooling: other
Exterior features
Vinyl siding
Paved street frontage
Home design
Multi-family property
Colonial style
2-story
Construction
Built in 1865
Basement foundation
Financial info
9 total units
Net operating income approximately $50,000
Property is leased (has lease)
Other
Zoned residential
Approximately 0.2 acre lot
Electricity and solar
View estimated energy costs and solar savings for this home
Excellent Investment Opportunity – 9-Unit Property in Wayne! Welcome to 35449 Clinton Street, a solid income-producing property located in a desirable area of Wayne. This 9-unit building currently has 6 out of 9 units occupied, each generating $650 per month, providing immediate and consistent cash flow. The property offers strong rental demand and is situated in a convenient location near shopping, dining, and major roadways, making it attractive to tenants. With one unit currently vacant, there is also additional upside potential for increased income. Whether you're looking to expand your portfolio or secure a stable, income-generating asset, this property presents a great opportunity with steady returns and room for growth. No showings until an offer is accepted. Please do not disturb tenants.
MiRealSource-MiMLS #60982185
Oct 2, 2026
Price Changed
$199,000
$100/sq ft
Apr 8, 2026
Listed
$249,000
$125/sq ft
Public Records
Aug 16, 2019
Sold
$157,000
$79/sq ft
Public Records
Oct 25, 2017
Sold
$116,000
$58/sq ft
REALCOMP #217006716
Jul 7, 2017
Listing Removed
—
Feb 9, 2017
Listed
$119,900
$60/sq ft
MiRealSource-MiMLS #21259870
Feb 21, 2017
Listing Removed
—
Feb 9, 2017
Listed
$119,900
$60/sq ft
REALCOMP #215014352
Jul 17, 2015
Listing Removed
—
Jun 8, 2015
Listing Removed
—
Feb 18, 2015
Listed
$129,900
$65/sq ft
MiRealSource-MiMLS #20589930
Jul 15, 2015
Listing Removed
—
Feb 18, 2015
Listed
$129,900
$65/sq ft
Public Records
Sep 18, 2009
Sold
$46,000
$23/sq ft
Public Records
May 9, 2002
Sold
$135,000
$68/sq ft
Public Records
Jan 25, 2002
Sold
$40,000
$20/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,028 (+49.8%)
2024
$6,025 (−0.2%)
2023
$6,039 (+16.1%)
2022
$5,201 (−5.5%)
2021
$5,505 (−8.0%)
2020
$5,980 (+42.2%)
2019
$4,206 (+51.2%)
2018
$2,782 (−12.7%)
2017
$3,188 (−2.6%)
2016
$3,274 (−12.8%)
2015
$3,754 (+20.1%)
2014
$3,126
Public record
Beds
—
Baths
3
Stories
1.75
Lot width
65 ft.
Lot depth
132 ft.
Lot size
8,712 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,982
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,982
Year built
1865
Style
Single Family Residential
County
Wayne County
APN
55 013 03 0018 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 8, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 97° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Wayne, MI • 48184 2151
Average low and high temperatures (°F)
28
17
34
20
53
33
62
42
67
49
81
61
85
67
79
61
77
55
66
46
49
37
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Wayne. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 35449 Clinton St
There isn’t enough information to generate an accurate estimate at this time. Learn More