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    32 W Woodward St Ecorse, MI 48229

    For Sale
    $199,000

    Fully renovated triplex with immediate rental income and long-term appreciation.

    Lot size:
    0.10 Acres

    Property Features for 32 W Woodward St

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    1920

    Source: Century 21 Curran & Oberski Agent Jiryes Jarrous

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Triplex Investment Opportunity

    This 3-unit property presents an investment opportunity with strong cash flow and long-term appreciation. Fully renovated in 2025, the property currently generates an actual rental income of $2,700 per month. The front building contains two units: a 2-bedroom unit on the first floor and a 1-bedroom unit upstairs. It also features a large basement for storage and an enclosed porch. The rear building offers a spacious 4-bedroom unit with a private entrance and an enclosed balcony. The units are finished with a mix of vinyl, carpet, and wood flooring. Both roofs were replaced in 2022. The property is 100% occupied, providing immediate rental income. Conveniently located, the property is 15 minutes from Corewell Health Dearborn Hospital, 2 minutes from Ecorse High School, 5 minutes from Grandport Elementary Academy and from ALDI.
    Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Ecorse
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1403408
    Latitude
    42.2489036

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    FAQs

    What type of property is this?
    Triplex - Fully renovated triplex with immediate rental income and long-term appreciation.
    Where is this triplex located?
    The property is located at 32 W Woodward St Ecorse, MI.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Fully renovated in 2025, ensuring modern living.; - Strong cash flow with $2,700 monthly rental income.; - 100% occupied, providing immediate income.
    (313) 942-9007
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    32 W Woodward St Ecorse, MI 48229
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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
    32 W Woodward St Ecorse, MI 48229
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