For sale

Price cut: $24.9K (7/22)

$375,000

162 Burke St, River Rouge, MI 48218

7beds

2,692sqft

$3,315/mo

Get pre-qualified

Multi Family

Built in 1957

-- sqft lot

$368,500 Zestimate^®

$139/sqft

$-- HOA

What's special

Excellent investment opportunity! Fully occupied 6-unit multifamily property offering immediate positive cash flow. Several units have been beautifully updated with remodeled kitchens and bathrooms, providing modern finishes that tenants appreciate. Property features coin-operated laundry for additional income and convenience. Well-maintained with strong rental history and stable occupancy. A turnkey investment with income from day one, making it a great addition to any investor's portfolio. Don't miss this opportunity to own a solid income-producing property! BATVAI

60 days

171

14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 6
Full bathrooms: 6

Heating

Baseboard, Natural Gas

Features

Has basement: No
Has fireplace: No

Interior area

Total interior livable area: 2,692 sqft
Finished area above ground: 2,692

Property

Features

Levels: One
Stories: 1
Pool features: None

Lot

Size: 7,840 Square Feet
Dimensions: 61.25 x 100

Details

Parcel number: 50008070005000
Zoning description: MultiFamily
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Ranch
Property subtype: Multi Family

Materials

Brick
Foundation: Slab

Condition

New construction: No
Year built: 1957

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: DELISLES SUB

Location

Region: River Rouge

Financial & listing details

Price per square foot: $139/sqft
Tax assessed value: $68,870
Annual tax amount: $10,331
Date on market: 6/13/2026
Cumulative days on market: 60 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash

Estimated market value

$368,500

$350,000 - $387,000

$1,203/mo

Price history

Date	Event	Price
7/22/2026	Price change	$375,000-6.2%$139/sqft
Source: Realcomp II #20261044410 Report a problem
6/13/2026	Listed for sale	$399,9000%$149/sqft
Source: Realcomp II #20261044410 Report a problem
5/19/2026	Listing removed	--
Source: Owner Report a problem
5/19/2026	Pending sale	$400,000$149/sqft
Source: Owner Report a problem
3/12/2026	Listed for sale	$400,000$149/sqft
Source: Owner Report a problem
2/2/2023	Listing removed	--
Source: Zillow Rentals Report a problem
1/4/2023	Listed for rent	$1,050
Source: Zillow Rentals Report a problem