35449 Clinton Street
Wayne, MI 48184
Multi Family · MLS # 20261023253 · Listing courtesy of U.S. Investor Group
About this home
Excellent Investment Opportunity – 9-Unit Property in Wayne! Welcome to 35449 Clinton Street, a solid income-producing property located in a desirable area of Wayne. This 9-unit building currently has 6 out of 9 units occupied, each generating $650 per month, providing immediate and consistent cash flow. The property offers strong rental demand and is situated in a convenient location near shopping, dining, and major roadways, making it attractive to tenants. With one unit currently vacant, there is also additional upside potential for increased income. Whether you're looking to expand your portfolio or secure a stable, income-generating asset, this property presents a great opportunity with steady returns and room for growth. No showings until an offer is accepted. Please do not disturb tenants.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Wayne
Over the last 90 days, 35 homes sold in Wayne for a median of $180,000, about $116 per square foot, and the typical one went under contract in 15 days. This home is listed at $199,000, or $100 per square foot, 14% below the city median, and has been on the market 177 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Wayne sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $8,817 a year. A buyer who lives here would pay about $4,313 to $5,356 a year once the taxable value resets after the sale, at the 2025 homestead rate of 53.30 mills for Wayne 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 Wayne
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