Apartment Building

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

$199,000
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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See hot listings in Wayne

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
2 active listings match your search: Apartment Building for sale in Wayne, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Occupied 5-Unit Apartment Building
Occupied 5-Unit Apartment Building

228 Inkster Rd, Inkster, MI 48141

$650,000
1,600 sqft 1.00 AC lot

Fully occupied residential income property with documented expansion potential subject to zoning and required approvals.

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Renovated Apartment Building
Renovated Apartment Building

20520 Plymouth Rd, Detroit, MI 48228

$1,450,000

A full renovation completed in 2024 updates the apartment property.

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32-Unit Apartment Building
32-Unit Apartment Building

25911 Michigan Ave, Inkster, MI 48141

$3,010,000

A 2024 renovation updated the interiors, roof, windows, and exterior.

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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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Wayne, MI Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Wayne, MI 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 $428,000.

Sale prices for apartment complexes in Wayne, MI start at $199,000, averaging $214,000, and reaching up to $229,000 — 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 $214K

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

Retail

Office

Residential Income

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