$399,900

162 Burke St River Rouge, MI 48218

Estimated payment $2,556/month

Total Views 116
-- Bed
-- Bath
2,692 Sq Ft
$149 Price per Sq Ft

About This Home

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

Listing Agent

Steffanie Jozsa

Real Estate One-Southgate License #6501337144 Listed on: 06/13/2026

Real Estate One-Southgate

Property Details

Property Type

  • Other

Year Built

  • Built in 1957

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 61.25x100
  • Zoning described as MultiFamily

Home Design

  • 2,692 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • 6 Units
  • Delisles Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50008070005000

Property Details

Property Type

Other

Year Built

Built in 1957

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: CommercialSale
  • Year Built: 1957
  • Current Use: MultiFamily
  • State Equalized Value: 71300.00
  • Property Sub Type: RealEstateOnly
  • Co List Office Mls Id: 329740
  • Above Grade Finished Sq Ft: 2692.00
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: No

Exterior Features

  • Waterfront: No
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: No

Utilities

  • Heating: Baseboard, NaturalGas
  • Sewer: PublicSewer
  • Water Source: Public

Fee Information

  • Operating Expense: 22620.00

Schools

  • Junior High Dist: RiverRouge

Lot Info

  • Lot Dimensions: 61.25X100
  • Parcel Number: 50008070005000
  • Land Lease Expiration Date: 2026-09-13
  • Zoning Description: MultiFamily

Rental Info

  • Percent Leased: 100
  • Monthly Rental Income: 5100.00

Tax Info

  • Tax Amount Summer: 8345.00
  • Tax Amount Winter: 1986.00
  • Tax Annual Amount: 10331.00

Multi Family

  • Gross Scheduled Income: 64800.00
  • Number Of Units Total: 6
  • Above Grade Finished Area Units: SquareFeet

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/13/2026 06/13/26 For Sale $399,900 -- $149 / Sq Ft
Source: Realcomp

Source: Realcomp

MLS Number: 20261044429

Realcomp
Your Personal Tour Guide

Ask me questions while you tour the home.