5701-5707 Woodward St Wayne, MI 48184
Property details
About 5701-5707 Woodward St
Rare opportunity to own two apartment buildings. This amazing investment consists of two separate apartment buildings. Building one is a brick two story, consisting of eight, two bedroom units, private patios with sliding doors, and with central laundry room with paid laundry that generates additional income. Building two consisting of eight one bedroom units, with central laundry room. A grand total of 16 apartment units. Private parking lot with assigned spaces. Seasoned and strong rent roll for both buildings with full occupancy. All units are rented at market value with great paying long term tenants. Most of the units have been recently updated. Large center common area for both units. Both buildings are fully city certified and ready for transfer. Full financials and rent roll available after signing the NDA. Do NOT disturb tenants. Showings will be scheduled only upon accepted offer. BATVAI
Highlights
Summary
- Full Bathrooms: 16
- Basement: No
- Attached Garage: No
- Architectural Style: Upper Lower Apartment
- Heating: Baseboard, Natural Gas
- List Price: $1,647,700
- Price/SqFt: $146
- Directions: Take Wayne Rd to Van Born then head west.
- Year Built: 1966
- Living Area: 11,218 SqFt
- Lot Size: 0.15 Acres
- MLS Number: 20251003673
- MLS Name: Realcomp II Ltd
- Office Name: Keller Williams Legacy
- Office Phone: (313) 752-0000
- Listing Agent: Hiba Saad
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Last updated on: 8/1/2025, 12:45:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
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Tax history
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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
1.6 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. Residents of Wayne, MI typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
Frequently asked questions
About 5701-5707 Woodward St
The listing price of 5701-5707 Woodward St property is $1,647,700.
The property 5701-5707 Woodward St is a multi located in Wayne, Michigan, 48184.
Active Listing: 5701-5707 Woodward St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5701-5707 Woodward St are: Roosevelt-McGrath Elementary School (GreatSchools Rating 1/10), Schweitzer Elementary School (GreatSchools Rating 2/10), Romulus Elementary School (GreatSchools Rating 3/10), Metro Charter Academy (GreatSchools Rating 4/10), Franklin Middle School (GreatSchools Rating 2/10), Romulus Middle School (GreatSchools Rating 1/10), Wayne Memorial High School (GreatSchools Rating 4/10), Tinkham Alternative Education (GreatSchools Rating 1/10), Romulus High School (GreatSchools Rating 3/10).
The property 5701-5707 Woodward St is 11,218 SqFt (source: MLS/tax record).
The year of construction for 5701-5707 Woodward St is 1966.
This home is located at 5701-5707 Woodward St in Wayne, MI and zip code 48184. This 11,218 square foot home, which was built in 1966, sits on a 0.15 acre lot. Features: 16 bathrooms. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $1,647,700.
In June 2025 more than 9 listings in Wayne, MI were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 4 were sold below. The inventory of homes for sale in Wayne, MI between May and June 2025 increased by 15.2%. In June 2025 median list price was $218,500 and the average listing age was 17 days.