$375,000
PENDING

1318 Wayburn St Grosse Pointe, MI 48230

Estimated payment $2,665/month

Total Views 3,055
4 Beds
2 Baths
1,932 Sq Ft
$194 Price per Sq Ft

Highlights

  • Porch
  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • George Defer Elementary School Rated A
  • 4 Car Garage

About This Home

West Park two-unit apartment building with a rare open-concept layout and central AC, offering strong in-place cash flow! Located in the rapidly appreciating West Park neighborhood of Grosse Pointe Park—one of Metro Detroit’s most desirable rental markets—this property boasts a long list of features.
The recently renovated upper apartment features an open-concept layout, a beautifully updated bathroom, a new furnace and AC unit, and a private balcony. Throughout the building, you'll find charming original details and stunning hardwood floors.
Both apartments have private basements with washer/dryer hookups and ample storage. Additional highlights include a two-car garage, a new privacy fence, and a lovely backyard—perfect for pets.
Owner covers water, lawn care, and snow removal, while tenants handle gas and electric. The property currently grosses $34,200 per year, with one unit rented below market value—offering potential for even higher returns!
Just steps from everything West Park has to offer, including Le Rouge Coffee & Bakery, Howlers & Growlers, The Charlevoix, 313 Wine Bar, Atwater Brewery, The Bricks, and more!
Access to 2 resident only waterfront parks with pool, boat wells, movie theatres, fitness center, playscapes, and much more!

Listing Agent

Jimmy Saros

Jim Saros Real Estate Services License #6501398798

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1924

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 34.80 x 101.50

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Brick Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2 Full Bathrooms
  • 1,932 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 39007130018000

Community Details

Overview

  • 2 Units
  • Alter Heights Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,907

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Duplex
  • Architecture Level: 2 Story
  • Year Built: 1924
  • State Equalized Value: 128800.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 1932
  • Total Sq Ft: 1932
  • Sq Ft Total Bsmt: 960

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Foundation Materials: Brick/Mortar
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes
  • MF Parking: Garage
  • Total Parking Spaces: 4

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: Yes

Schools

  • School District: Grosse Pointe

Lot Info

  • Lot Size Area: 0.08
  • Lot Dimensions: 34.80 x 101.50
  • Parcel Number: 39007130018000
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Water/Sewer, Snow Removal, Trash Collection, Water, Yard Maintenance
  • Monthly Rental Income: 2850

Tax Info

  • Tax Amount Summer: 2607.0000
  • Tax Amount Winter: 4300.0000
  • Total Tax: 6907.0000
  • Taxable Value: 105088.0000

Multi Family

  • Gross Scheduled Income: 34200.00
  • Number Of Units Total: 2
  • Number of Two Bedroom Units: 2
  • Number Of Units Leased: 2

MLS Schools

  • School District: Grosse Pointe

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,607 $128,800 $0 $0
2023 $2,490 $125,200 $0 $0
2022 $2,365 $110,300 $0 $0
2021 $5,367 $99,900 $0 $0
2019 $3,525 $85,300 $0 $0
2018 $1,283 $64,600 $0 $0
2017 $3,744 $43,200 $0 $0
2016 $3,106 $54,100 $0 $0
2015 $4,800 $48,000 $0 $0
2013 $4,100 $47,800 $0 $0
2012 $1,340 $49,300 $10,800 $38,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $375,000 0.0% $194 / Sq Ft
02/19/2020 02/19/20 Rented $975 -11.4% --
11/15/2019 11/15/19 For Rent $1,100 0.0% --
07/11/2019 07/11/19 Sold $218,400 -2.9% $113 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $225,000 0.0% $116 / Sq Ft
07/07/2018 07/07/18 Rented $1,100 0.0% --
06/23/2018 06/23/18 Under Contract -- -- --
05/07/2018 05/07/18 For Rent $1,100 +58.3% --
03/26/2012 03/26/12 Rented $695 0.0% --
03/26/2012 03/26/12 Under Contract -- -- --
09/21/2011 09/21/11 For Rent $695 -- --
Source: Realcomp

Deed History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $218,400 Chirco Title Agency Inc
Warranty Deed $93,000 Greco Title Agency Llc
Deed $124,500 --
Deed $71,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $217,500 New Conventional
Previous Owner $214,267 FHA
Previous Owner $214,444 FHA
Previous Owner $103,250 New Conventional
Previous Owner $30,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

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Source: Realcomp

MLS Number: 20250021770

Realcomp

APN: 39-007-13-0018-000