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Six-Unit Mixed-Use Building
For Sale
$540,000
Pending

1790 Oak St, Wyandotte, MI 48192

Fully occupied property combines upper-level apartments with commercial space along an active Oak Street corridor.

Property Size7,234 SF
Days on Market48

Property Features for 1790 Oak St

General Information

Standard status Pending
Size 7,234 SF
Property subtype Investment
Occupancy 100%

Additional Details

Road Access Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $10,058

Amenities

in-unit laundry

Building Details

Building Size 7,234 SF
Year Built 1946
Buildings 1
Units 6
Tenancy Multi
Listing Agency: Home Direct Realty
Listed By: Kaylyn Crayne · License #6501431666
Source: Elliman
Added: Sep 1 Changed: Oct 13 Last Checked: Oct 16 at 11:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Home Direct Realty

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Investment Insights

Based on property information with market context.

Built in 1946, this mixed-use property contains three leased residential apartments on the upper level and three leased commercial units on the main floor. The configuration combines apartment and storefront occupancy within one building, with an additional storage area that may be leased separately. Residential units include in-unit laundry, while the commercial spaces benefit from visibility along Oak Street.

The property is located at 1790 Oak St in Wyandotte, Michigan. Walk Score is 75, described as Very Walkable, and Bike Score is 55, described as Bikeable. Tenant and business access is subject to advance scheduling, with 48 hours required before showings.

Key Highlights

  • Three leased apartments occupy the upper level
  • Three leased commercial units are located on the main floor
  • Additional storage area may be leased separately

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Electrical Service Law Firm Daycare Center HVAC Service Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

439
Businesses Nearby

Demographics for 48192, MI

25,058
Population
11,441
Households
2.2
Avg Household Size
42
Median Age
21%
College-Educated
91%
High-School Grad
5.3 sq mi
ZIP Area
4,728
Density / Sq Mi
$67,846
Median Household Income
$42,999
Median Earnings
$995
Median Rent
$159,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied property combines upper-level apartments with commercial space along an active Oak Street corridor.
Where is this mixed-use property located?
The property is located at 1790 Oak St Wyandotte, MI.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Three leased apartments occupy the upper level; Three leased commercial units are located on the main floor; Additional storage area may be leased separately
More about this property
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