$1,647,700

5701-5707 Woodward St Dearborn, MI 48184

$10,000
Closing credit¹
16 full
11,218 sqft
0.1 acres
$147 / sqft
Multi-Family

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

Home typeMulti Family
HeatingBaseboard, Natural Gas
StatusActive
Size11,218 sqft
Lot size0.15 Acres
Year built1966
MLS #20251003673

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

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: 6/5/2025, 9:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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5701-5707 Woodward St, Dearborn, MI 48184 - aerial view of property's location with property parcel outlined

$1,647,700

5701-5707 Woodward St

$10,000

closing credit¹

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0.5% sale price²

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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,626. Most Dearborn, MI residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have high school diploma education.

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

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 Dearborn, 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 Dearborn, 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 May 2025, from all listings sold in Dearborn, MI there were more than 7 sold above asking price, over 3 sold below and more than 2 were sold right at the asked price. In May 2025 in Dearborn, MI there were 17.9% more homes for sale than in April. Listings spent 14 days on the market in May 2025, and had a median list price of $168,250 during the same period.

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

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