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    Wayne, MI 48184

    New
    For Sale
    $139,900

    MULTI_FAMILY - Wayne, MI

    Lot size:
    0.11 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 2:06 pm

    Property Features for

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 3, Bedroom 1, Basement, Bathroom 1, Bathroom 2, Bedroom 2
    Bedrooms
    3
    Basement
    Full
    Lot size
    0.11 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air

    Building Details

    Year built
    1900
    Number of units
    2
    Building materials
    Aluminum Siding, Vinyl Siding

    Century 21 Affiliated (734) 434-3500

    Listing agent Richard Davis (734) 945-9555

    Listing date Dec 4, 2025

    MLS# 25060067 Listing URL

    Copyright © 2025 Michigan Regional Information Center, LLC. 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 Duplex with Expansion Potential

    This duplex in Wayne, Michigan, presents a strong value opportunity. Priced below market value due to one non-paying tenant, the buyer will assume the tenant. Unit 2 features two bedrooms, while unit 1 offers one bedroom. The property, situated on a 0.11-acre lot, includes a large unfinished attic area and a garage, presenting expansion possibilities for a potential third unit.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Wayne
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3877
    Latitude
    42.2773

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    FAQs

    What type of property is this?
    Duplex - Duplex in Wayne with expansion possibilities, priced below market.
    Where is this duplex located?
    The property is located at Wayne, MI.
    What is the asking price?
    The asking price for this property is $139,900.
    What are key features of this property?
    This property features: - Below market value duplex due to existing tenant situation (buyer to assume tenant).; - Expansion possibilities with **large unfinished attic area**.; - Potential for a 3rd unit in the garage.
    (734) 945-9555
    Request Owner's contact information
    Wayne, MI 48184
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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
    Wayne, MI 48184
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