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Sold for $265,000
    • $265,000

    4063 4th St, Wayne, MI 48184

    4beds
    2,948sqft
    Multi Family
    Built in 1979
    -- sqft lot
    $271,100 Zestimate®
    $90/sqft
    $1,603 Estimated rent

    Home value

    $271,100

    $244,000 - $295,000

    $1,603/mo

    Zestimate® history
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    $1,836/mo

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    What's special

    Well-maintained unitsUpdated mechanicalsPristine condition
    EXCEPTIONAL INVESTMENT OPPORTUNITY: SUPER CLEAN, LONG-TERM RENTAL PROPERTIES! THIS PROPERTY FEATURES 3 WELL-MAINTAINED UNITS, ALL CURRENTLY RENTED TO RELIABLE, LONG-TERM TENANTS. LOCATED WITHIN WALKING DISTANCE OF DOWNTOWN WAYNE, THESE UNITS GENERATE AN IMPRESSIVE ANNUAL INCOME OF $30,300, OFFERING EXCELLENT VALUE FOR INVESTORS. ZONED RESIDENTIAL, THIS PROPERTY OFFERS THE FLEXIBILITY TO SECURE EASY FINANCING OR PURCHASE WITH CASH. EACH UNIT IS IN PRISTINE CONDITION, WITH UPDATED MECHANICALS, INCLUDING NEW FURNACE. THESE PROPERTIES ARE A MUST-SEE AND WILL PROVIDE THE NEXT OWNER WITH A LONG-TERM, LOW-MAINTENANCE INCOME STREAM. DON'T MISS OUT ON THIS INCREDIBLE OPPORTUNITY!

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Kabbani 313-926-2200,

    Keller Williams Legacy

    Bought with:

    Amanda Restorick, 6501455033

    Real Estate One Inc

    Source: Realcomp II,MLS#: 20250022382MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air, Natural Gas, Separate Meters
    Cooling
    • Central Air
    Appliances
    • Laundry: Common Area, Laundry Room
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,948 sqft
    • Finished area above ground: 2,948

    Property

    Parking
    • Total spaces: 6
    • Parking features: Assigned, Lighted, Parking Lot, Paved, Unassigned
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Lighting, Private Entrance
    • Pool features: None
    • Fencing: Fenced
    Lot
    • Size: 8,712 Square Feet
    • Dimensions: 66.00 x 134.30
    Details
    • Additional structures: Sheds
    • Parcel number: 55018050150003
    • Zoning description: MultiFamily
    • Special conditions: Short Sale No,Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Triplex
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1979
    • Major remodel year: 2025

    Utilities & green energy

    • Sewer: Public Sewer, Septic Tank
    • Water: Public, Waterat Street
    • Utilities for property: Underground Utilities

    Community & HOA

    Community
    • Features: Sidewalks
    • Security: Carbon Monoxide Detectors, Smoke Detectors
    • Subdivision: DAVID DEFOREST ADDITION
    Location
    • Region: Wayne

    Financial & listing details

    • Price per square foot: $90/sqft
    • Tax assessed value: $66,393
    • Annual tax amount: $4,891
    • Date on market: 4/8/2025
    • Cumulative days on market: 10 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,Va Loan

    Price history

    DateEventPrice
    5/30/2025Sold$265,000$90/sqft
    Source: Realcomp II #20250022382 Report a problem
    4/18/2025Pending sale$265,000$90/sqft
    Source: Realcomp II #20250022382 Report a problem
    4/8/2025Listed for sale$265,000+47.2%$90/sqft
    Source: Realcomp II #20250022382 Report a problem
    10/31/2017Sold$180,000-10%$61/sqft
    Source: Public Record Report a problem
    6/1/2017Listed for sale$200,000+53.8%$68/sqft
    Source: RE/MAX Leading Edge #217045461 Report a problem
    9/21/2001Sold$130,000$44/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $110,000 +14.2%
    2024-- $96,300 +11.5%
    2023-- $86,400 +5.2%
    2022-- $82,100 +6.2%
    2021-- $77,300
    2020$8,102 +34.6%$77,300 +5.6%
    2019$6,018 $73,200 +32.8%
    2018-- $55,100 +4.2%
    2017-- $52,900 +6.2%
    2016-- $49,800 +6%
    2015-- $47,000 -5.4%
    2013$4,760 $49,700 -5.2%
    2012-- $52,400 -36.3%
    2009-- $82,200 -13.4%
    2008-- $94,900 -9.3%
    2007-- $104,600 +19.3%
    2003-- $87,700 +34.9%
    2001$4,008 +44%$65,000 +41.7%
    2000$2,783 $45,867
    Find assessor info on the county website

    Neighborhood: 48184

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $271,100
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    Estimated market value
    $271,100

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