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Wayne, MI Apartment Buildings for Sale

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Wayne Multifamily Investment Opportunity
Updated: Apr 9
Wayne Multifamily Investment Opportunity

35449 Clinton St, Wayne, MI 48184

$249,000
2,000 sqft
Excellent Investment Opportunity: Solid income‑producing 9‑unit property.
High Occupancy: 8 out of 9 units currently occupied, ensuring immediate cash flow.
Consistent Income: Each occupied unit generates $650 per month.
Strong Rental Demand: Located in a desirable area of Wayne, attractive to tenants.
Convenient Location: Near shopping, dining, and major roadways.
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Updated Condo in Quiet Wayne
Updated: Jul 18, 2025
Updated Condo in Quiet Wayne

33090 Forest Park, Wayne, MI 48184

$229,000
1,780 sqft
Move‑in ready, updated 2 bedroom, 2.5 bath condominium with 1780 sq ft of living space.
Features a vaulted ceiling in the great room with a gas fireplace and freshly painted deck.
First‑floor laundry and 2‑car attached garage.
Primary bedroom with walk‑in closet and ensuite bathroom with double sinks.**
Spacious loft area that can be converted to a 3rd bedroom.
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30-Unit Multifamily Apartment Portfolio
30-Unit Multifamily Apartment Portfolio

35657 Brush St, Wayne, MI 48184

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Three apartment properties in Wayne offer varied layouts under Multifamily zoning with recent roof and site improvements.

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See what stands out in Wayne County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Local Demand available after sign in
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Wayne, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

30-Unit Apartment Building
30-Unit Apartment Building

21124 Schoolcraft, Detroit, MI 48223

$1,650,000
19,500 sqft 0.42 AC lot

1968-built, B4-zoned 30-unit apartment property with one-bedroom units, on-site parking, and immediate access to I-96 and M-39.

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Six-Unit Ranch Apartment Building
Six-Unit Ranch Apartment Building

4186 Drouillard Street, Lincoln Park, MI 48146

$250,000
1,200 sqft 0.10 AC lot

Brick construction, public water, and forced-air heating support the property’s existing residential configuration.

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Class C Garden-Style Apartment Community
Class C Garden-Style Apartment Community

12901-12935 Burt Road, Detroit, MI 48223

Contact for pricing
37,200 sqft

48-unit, two-building garden-style apartment community with 24 fully upgraded units.

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Renovated Multifamily Apartment Buildings
Renovated Multifamily Apartment Buildings

4186 Drouillard Street, Lincoln Park, MI 48146

$250,000

Two separate buildings provide six apartment units, including recently renovated residences and current tenant occupancy.

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Wayne, MI Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Wayne, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,780 square feet of properties for sale, with an estimated market value of $478,000.

Sale prices for two-family homes in Wayne, MI start at $229,000, averaging $239,000, and reaching up to $249,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 17K
Population Growth (5Y) -1.0%
Median Household Income $54,572
College Educated 20.1%

High-Yield Neighborhoods for Investment

Identify Wayne submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48184 $239K

Taxes & Financing

Tax Rate (average for all types) 6.40%
Property Tax per SF $85.84 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wayne County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Wayne County

Office

Residential Income

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