$1,400,000

5266 S Wayne Rd Wayne, MI 48184

$10,000
Closing credit¹
16 full
6,375 sqft
1.1 acres
$220 / sqft
Multi-Family

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

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
Size6,375 sqft
Lot size1.1 Acres
Year built1953
ParkingParking Lot, Oversized Lot, Paved, Unassigned
MLS #20250018793

Summary

  • MLS Number: 20250018793
  • MLS Name: Realcomp II Ltd
  • Office Name: Keller Williams Legacy
  • Office Phone: (313) 752-0000
  • Listing Agent: Robert Kabbani

IDXDisclaimer: 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.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

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: 4/8/2025, 7:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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ranch-style house with a front lawn

$1,400,000

5266 S Wayne Rd

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

37%
<35k
48%
35k-100k
12%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

47%
Single, No Kids
14%
Single, with Kids
22%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
22%
18-34 yrs old
45%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • SoccerSoccer
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Books-a-MillionBooks-a-Million
  • BurlingtonBurlington
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • WingstopWingstop
  • White CastleWhite Castle

What do the neighbors drive?

  • ToyotaToyota
  • NissanNissan
  • ChevroletChevrolet

What do the neighbors listen to?

  • Adult HitsAdult Hits
  • Christian Adult ContemporaryChristian Adult Contemporary
  • RockRock
All data provided by Home Junction and Claritas

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.

Over 8 listings were sold over their listed price in March 2025 in Wayne, MI. In the same period over 5 listings were sold below the listed price and 3 listings were sold for the listed price. The inventory of homes for sale in Wayne, MI between February and March 2025 decreased by 11.4%. In March 2025 median list price was $170,129 and the average listing age was 25 days.

From Rocket Homes Real Estate and based on county public records data.

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