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31268043
31268044

35657 Brush St, Wayne, MI 48184

CF
MI 6501358300, 6501358300
Marcus & Millichap - Detroit
CG
MI MI 6501424054
Marcus & Millichap - Detroit
Listed by Marcus & Millichap - Detroit
$1,450,000
101 days on market
Updated 73 days ago
Opportunity zone

Wayne Portfolio

Details
Property Type Multifamily
Sub Type Apartment Building
Units 30
Cap Rate 8.04%
NOI $116,541
Occupancy 90%
Pro-Forma Cap Rate 9.72%
Pro-Forma NOI $140,959
Broker Co-Op Yes
Year Built 1958
Year Renovated 2020's
Buildings 6
Acreage 0.900
Zoning Multifamily
Investment Type Stabilized
Occupancy Date 03/24/2026
Ground Lease No
Ownership fee simnple

Multifamily | 30 Units | $48,333/unit

Marketing description

Marcus & Millichap is pleased to present the Wayne Portfolio, a 30-unit multifamily offering comprised of three properties located in Wayne, Michigan: Gloria Apartments at 3448–3468 Gloria Street, Sims Apartments at 34610 Sims Street, and Brush Apartments at 35641–35657 Brush Street.

The portfolio features a diverse unit mix of studio, one, two, three, and five bedroom apartments, ranging in size from approximately 700 to 1,500 square feet, appealing to a broad tenant base. Constructed between 1940 and 1958, the properties feature durable construction and functional layouts.

With multiple unit types and three separate locations within the same submarket, the Wayne Portfolio provides operational scale while maintaining neighborhood-level appeal. The offering presents investors with the opportunity to acquire a diversified, cashflowing portfolio in a stable Wayne County rental market with long-term demand fundamentals.

Recent capital improvements include new roofs at 35641 Brush and 35649 Brush, as well as a newly completed apron at the Brush properties at an approximate cost of $9,000, further enhancing the overall condition and long-term durability of the portfolio.

Listing Contacts

CF
MI 6501358300, 6501358300
Marcus & Millichap - Detroit
CG
MI MI 6501424054
Marcus & Millichap - Detroit
Listed by Marcus & Millichap - Detroit

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$116,541.00
$9,711.75/mo

Valuation Metrics

0
DSCR
8.04%
Cap Rate
8.04%
ROI

Map

Zoning

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MF ResidentialMulti FamilyMultiple Family Residential
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Last updated Feb 20, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Chase Gilewski
License
MI 6501424054
Brokerage
Marcus & Millichap
Brokerage Phone
2484152600
Title
Associate Director Investments
Brokerage Address
2 Towne Square
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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