464 Elm Street, Wyandotte, MI 48192

Wyandotte
Local realty services provided by:Better Homes and Gardens Real Estate Connections
464 Elm Street,Wyandotte, MI 48192
$239,000
  • - Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: armita kyani
Office: keller williams ann arbor mrkt
MLS#:26043912
Source:MI_MICHRIC

Price summary

  • Price:$239,000

About this home

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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Home facts

  • Year built:1904
  • Listing ID #:26043912
  • Added:3 day(s) ago
  • Updated:August 23, 2026 at 09:52 PM

Rooms and interior

  • Total bathrooms:2
  • Basement:Yes
  • Basement Description:Michigan Basement

Heating and cooling

  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1904
  • Lot area:0.1 Acres
  • Construction Materials:Vinyl Siding

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$239,000
  • Tax amount:$7,484 (2025)

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