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    25911 W Michigan Ave Wayne, MI 48184

    For Sale
    $3,000,000

    SINGLE_FAMILY - Wayne, MI

    Type:Retail
    Property size:
    16,000 SF
    Lot size:
    0.88 Acres
    Days on Market:
    80
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 25911 W Michigan Ave

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 12, Bathroom 27, Bathroom 32, Bathroom 31, Bathroom 8, Bathroom 18, Bathroom 29, Bathroom 21, Bathroom 2, Bathroom 30, Bathroom 11, Bathroom 6, Bathroom 1, Bathroom 22, Bathroom 24, Bathroom 9, Bathroom 14, Bathroom 19, Bathroom 26, Bathroom 10, Bathroom 17, Bathroom 5, Bathroom 23, Bathroom 4, Bathroom 13, Bathroom 16, Bathroom 28, Bathroom 3, Bathroom 15, Bathroom 25, Bathroom 7, Bathroom 20
    Bathrooms
    32
    APN
    44020010008020
    Size
    16,000 SF
    Lot size
    0.88 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air, Ductless (Heating)
    Cooling system
    Window Unit(s), Wall Unit(s)

    Building Details

    Year built
    1960
    Number of units
    32
    Building materials
    Vinyl Siding, Brick
    Roof type
    Composition

    D and E Realty (248) 440-5888

    Listing agent David Shepherd (248) 440-5888

    Listing date Sep 17, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wayne Multifamily Property For Sale

    This multifamily property, located in Wayne, Michigan, was fully refurbished in 2018 and has recently undergone updates in many of the apartments. The property has achieved a 90% occupancy rate, with a number of Section 8 renters included in the rent roll. The property size is 16,000 square feet and it is situated on a lot of 0.88 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wayne
    County
    Wayne
    State
    Michigan
    Longitude
    -83.378428
    Latitude
    42.281379

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property in Wayne, MI, refurbished in 2018.
    Where is this apartment building located?
    The property is located at 25911 W Michigan Ave Wayne, MI.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: - 90% Occupancy rate.; - Property fully refurbished in 2018.; - Includes Section 8 renters in the rent roll.
    (248) 440-5888
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    25911 W Michigan Ave Wayne, MI 48184
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