1447 Wayburn St Grosse Pointe, MI 48230
Estimated payment $3,243/month
Highlights
- Wood Flooring
- Property is near schools
- Ceiling Fan
- Cass Technical High School Rated 10
About This Home
Four-Family Investment Property for Sale in Grosse Pointe Park – Prime West Park Location Near Waterfront Parks Welcome to 1447 Wayburn, a rare West Park four-family property offering location, character, and excellent investment potential. Situated on a quiet dead-end street in the heart of Grosse Pointe Park, this well-maintained building combines historic charm with consistent rental income and long-term equity growth. Each of the four spacious one-bedroom apartments features hardwood floors, private balconies, and separate utilities. Three units are furnished (included with sale) and currently rented (2) as mid-term rentals at $1,500/month with landlord-paid utilities, while one finished and one unfurnished long-term lease is at $1,200/month with tenant-paid DTE. Easy off-street parking and well-designed floor plans enhance tenant satisfaction and retention. Showings will be available for one unit initially; additional units can be shown upon verified interest. Residents enjoy all the amenities that make Grosse Pointe Park one of Metro Detroit’s most desirable rental markets—including exclusive access to two private lakefront parks. Windmill Pointe Park features a marina, swimming pool, fitness center, playground, basketball and tennis courts, and movie theaters, while Patterson Park offers a dog park, splash pad, skating rink, kayak launch, and scenic green space for year-round recreation. The location is unbeatable: – Highly rated Grosse Pointe Public Schools – Minutes to Downtown Detroit for work or entertainment – Bikeable commute along the lakefront – Steps from West Park’s vibrant restaurants, coffee shops, and boutiques – Patterson Park also features a fenced dog park — one of the area’s most popular spots for pet owners and a true community hub. – Coming Fall 2025: the Schaap Center for the Performing Arts, bringing concerts and cultural events to the neighborhood Opportunities like this are rare—multi-family properties in Grosse Pointe Park’s West Park district are in high demand. Whether you’re an investor, owner-occupant, or short-term rental host, 1447 Wayburn offers a proven income stream, future appreciation, and access to a thriving community with small-town charm and city convenience.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1924
Lot Details
- 3,485 Sq Ft Lot
- Lot Dimensions are 49x77
- Street terminates at a dead end
Home Design
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Wood Flooring
- Oven or Range
- Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Location
- Property is near schools
Schools
- Defer Elementary School
- Pierce Middle School
- Grosse Pointe South Highschool School
Utilities
- Window Unit Cooling System
- Separate Meters
- Gas Water Heater
Community Details
- 4 Units
- Assessors Grosse Pointe Park 2 Subdivision
Listing and Financial Details
- Assessor Parcel Number 39-007-10-0044-000
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $8,879 | $219,400 | $0 | $0 |
| 2024 | $8,879 | $205,200 | $0 | $0 |
| 2023 | $4,961 | $199,400 | $0 | $0 |
| 2022 | $1,983 | $174,500 | $0 | $0 |
| 2021 | $5,088 | $156,700 | $0 | $0 |
| 2019 | $4,970 | $133,700 | $0 | $0 |
| 2018 | $1,891 | $100,200 | $0 | $0 |
| 2017 | $6,109 | $82,600 | $0 | $0 |
| 2016 | $4,857 | $82,600 | $0 | $0 |
| 2015 | $7,076 | $72,400 | $0 | $0 |
| 2013 | $6,855 | $72,000 | $0 | $0 |
| 2012 | $1,696 | $74,700 | $9,600 | $65,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/13/2025 11/13/25 | Pending | -- | -- | -- | |
| 09/17/2025 09/17/25 | Price Changed | $475,000 | -4.8% | $143 / Sq Ft | |
| 09/11/2025 09/11/25 | For Sale | $499,000 | +23.2% | $150 / Sq Ft | |
| 04/05/2022 04/05/22 | Sold | $405,000 | +1.3% | $122 / Sq Ft | View Prior Sale |
| 02/25/2022 02/25/22 | Pending | -- | -- | -- | |
| 02/08/2022 02/08/22 | For Sale | $399,900 | -- | $120 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $405,000 | Chirco Title Agency | |
| Warranty Deed | $405,000 | Chirco Title Agency |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $397,664 | FHA | |
| Closed | $397,664 | FHA |
Source: Michigan Multiple Listing Service
MLS Number: 50188083
APN: 39-007-10-0044-000
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Source MLS: MiRealSource
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