5266 S Wayne Rd Wayne, MI 48184
Property details
About 5266 S Wayne Rd
16-UNIT RANCH-STYLE APARTMENT COMPLEX OFFERS A GREAT INVESTMENT OPPORTUNITY. UNITS RENT FOR BETWEEN $800-$900 PER MONTH. TENANTS PAY ELECTRIC AND GAS. THE PROPERTY ALSO INCLUDES A SEPARATE 3-BEDROOM HOUSE AT 5266 WITH A DETACHED 2.5-CAR GARAGE, BASEMENT, AND FENCED BACKYARD. PARKING IS AVAILABLE. IDEAL FOR INVESTORS LOOKING FOR EXCELLENT RENTAL INCOME AND AN EASY TO MANAGE PROPERTY.
Highlights
Summary
- Full Bathrooms: 16
- Basement: No
- Attached Garage: No
- Parking: Parking Lot, Oversized Lot, Paved, Unassigned
- Exterior: Lighting, Private Entrance
- Architectural Style: Ranch
- Heating: Forced Air, Natural Gas
- List Price: $1,400,000
- Price/SqFt: $219
- Annual Tax Amount: $9,947
- Tax Year: 2024
- Directions: East Off Wayne Rd South Of Michigan Avenue
- Year Built: 1953
- Living Area: 6,375 SqFt
- Lot Size: 1.1 Acres
- MLS Number: 20250018793
- MLS Name: Realcomp II Ltd
- Office Name: Keller Williams Legacy
- Office Phone: (313) 752-0000
- Listing Agent: Robert Kabbani
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
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IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,400,000
5266 S Wayne Rd
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 04, 2022 | Home Sold | $775,000 |
| Aug 15, 2019 | Home Sold | $550,000 |
| Jan 31, 2018 | Home Sold | $380,000 |
| Aug 13, 2015 | Home Sold | $320,000 |
| Mar 05, 2014 | Home Sold | $230,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $161,000 | $9,947 |
| 2023 | $143,100 | $7,742 |
| 2022 | $129,700 | $10,696 |
| 2021 | $123,400 | $10,696 |
| 2020 | $122,600 | $7,399 |
| 2018 | $101,500 | $7,399 |
| 2017 | $98,400 | $6,323 |
History based on county public records data.
Nearby schools
1
Roosevelt-McGrath Elementary School
Public District KG-5
0.2 mi
•36075 Currier St
2
Schweitzer Elementary School
Public District KG-5
1.4 mi
•2601 Treadwell St
3
Romulus Elementary School
Public Magnet KG-5
1.8 mi
•32200 Beverly Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,626. The majority of Wayne, MI residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Mexican League Soccer
Soccer
Pro Boxing
Where do the neighbors shop?
Books-a-Million
Burlington
Family Dollar
Where do the neighbors go to eat?
Church's Chicken
Wingstop
White Castle
What do the neighbors drive?
Toyota
Nissan
Chevrolet
What do the neighbors listen to?
Adult Hits
Christian Adult Contemporary
Rock
This home is located at 5266 S Wayne Rd in Wayne, MI and zip code 48184. This 6,375 square foot home, which was built in 1953, sits on a 1.10 acre lot. Features: 16 bathrooms. It has been listed on Rocket Homes since March 24, 2025 and is currently priced at $1,400,000.
In March 2025, from all listings sold in Wayne, MI there were more than 8 sold above asking price, over 5 sold below and more than 3 were sold right at the asked price. The number of listings in Wayne, MI decreased by 11.4% between February and March 2025. In March 2025 median list price was $170,129 and the average listing age was 25 days.