32462 Lenawee Court
Westland, MI 48186
Multi Family · MLS # 55026040479 · Listing courtesy of NCDG Realty & Property Management
About this home
4 Unit Ranch in Quiet Cul de Sac - Turnkey Investment Opportunity Discover a rare chance to own a well maintained 4 unit ranch style property tucked away in a peaceful cul de sac. Each unit offers 1 bedroom, 1 bathroom, updated finishes, and comfortable living spaces that attract long term tenants. The property features: Four updated units with vinyl plank flooring, bedroom carpeting, and modern countertops Seven dedicated parking spaces Large shared backyard ideal for tenant enjoyment Tenant paid gas & electric, with owner covering water, sewer, and trash With all units currently leased, this is a true turnkey investment offering immediate cash flow. Due to full occupancy, a stable, updated, income producing property in a desirable location -- opportunities like this don't come often.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Westland
Over the last 90 days, 235 homes sold in Westland for a median of $222,000, about $141 per square foot, and the typical one went under contract in 12 days. This home is listed at $319,000, and has been on the market 84 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Westland sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $1,558 a year. A buyer who lives here would pay about $1,095 to $7,747 a year once the taxable value resets after the sale, at the 2025 homestead rate of 48.09 mills for Westland City and Wayne Westland schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Westland
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