$529,900

171 Davis St Wyandotte, MI 48192

Estimated payment $3,357/month

Total Views 3,497
5 Beds
4 Baths
2,832 Sq Ft
$187 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Balcony
  • Accessible Washer and Dryer
  • Deck
  • Porch
  • Forced Air Heating and Cooling System

About This Home

Turnkey Property, Fully Renovated, Fully Leased 3 Unit This property showcases extensive upgrades throughout, making it one of the most move-in-ready and low-maintenance buildings in Wyandotte. Featuring 3 completely updated and fully rented units with full Certificate of Occupancy issued by the City of Wyandotte and is properly registered as a rental property. Each apartment offers independent utilities and a separate landlord electric & gas meter. Each unit has its own circuit breaker panel, furnace (forced air), central A/C, and electric water heater—ensuring complete separation and simplified tenant bills. Every apartment also features private in-unit laundry, eliminating shared basement access and providing tenants with direct washing without having to leave. New energy-efficient windows have been installed throughout entire building. All units feature direct outside vented range hoods over the stove. All kitchens have been fully modernized with new cabinetry, backsplashes, and countertops. Bathrooms are completely remodeled, featuring all-new fixtures and code-compliant exhaust fans with proper ventilation. The building has been brought up to the modern era. Additional upgrades include new vinyl flooring, recessed lighting, updated doors, and fresh paint throughout.
Each tenant enjoys a private outdoor sitting deck, providing personal space. The rear parking pad features assigned parking spots with signage for each unit, providing convenience and organization. Located on a quiet residential street with quick access to major freeways, this property combines quality, comfort, and excellent location. Very low maintenance, ideal for out of state or local investors seeking a more hands-off investment. Current management is willing to continue managing the property for the new owner or assist with management transition for the first 60 days at no cost, ensuring a smooth and seamless transition.

Listing Agent

Michael Seifert

New Michigan Realty, LLC License #6501309188 Listed on: 11/12/2025

New Michigan Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1880 | Remodeled in 2025

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 68.90 x 122.30

Parking

  • 3 Parking Spaces

Home Design

  • Colonial Architecture
  • Block Foundation
  • Asphalt Roof
  • Chimney Cap
  • Vinyl Construction Material

Interior Spaces

  • 4 Full Bathrooms
  • 2,832 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Accessible Home Design

  • Accessible Washer and Dryer

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 57007110456000

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 3 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,936

Year Built

Built in 1880 | Remodeled in 2025

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1880
  • State Equalized Value: 107900.0000
  • Year Renovated: 2025
  • Accessibility Features: Accessible Washer/Dryer
  • Pets Allowed: Yes
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Circuit Breakers, Laundry Facility
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2832

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Chimney Cap(s), Lighting
  • Foundation Materials: Block
  • Porch Type: Balcony, Deck, Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Total Parking Spaces: 3

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary), Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal), Water at Street
  • Laundry Facilities: Yes

Fee Information

  • Operating Expense: 11836.00

Lot Info

  • Lot Size Area: 0.19
  • Lot Dimensions: 68.90 x 122.30
  • Parcel Number: 57007110456000
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Snow Removal, Trash Collection, Yard Maintenance
  • Monthly Rental Income: 4280

Tax Info

  • Tax Amount Summer: 5759.0000
  • Tax Amount Winter: 1177.0000
  • Total Tax: 6936.0000
  • Taxable Value: 107900.0000

Multi Family

  • Gross Scheduled Income: 51360.00
  • Number Of Units Total: 3

MLS Schools

  • School District: Wyandotte

Map

Range of Values:

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Value Increase
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Percent Increase
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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
2025 $5,759 $117,800 $0 $0
2024 $5,759 $107,900 $0 $0
2023 $3,368 $103,300 $0 $0
2022 $4,329 $88,600 $0 $0
2021 $4,230 $88,500 $0 $0
2020 $4,171 $78,000 $0 $0
2019 $4,108 $74,900 $0 $0
2018 $2,962 $57,600 $0 $0
2017 $2,057 $57,600 $0 $0
2016 $3,949 $60,600 $0 $0
2015 $5,316 $56,300 $0 $0
2013 $5,150 $51,500 $0 $0
2012 $2,891 $53,100 $11,000 $42,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2025 11/12/25 For Sale $529,900 -- $187 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $160,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $334,512 New Conventional
Previous Owner $140,000 New Conventional
Source: Public Records

Source: Realcomp

MLS Number: 20251053523

Realcomp

APN: 57-007-11-0456-000