Listed by RE/MAX Dream Properties
$2,100,000
4742-4754 Anthony Wayne Drive 4742
Details
APN W04I0034185
Property Type Multifamily, Land
Sub Type Apartment Building, Residential
Square Footage 12,658
Units 9
NOI $145,800
Year Built 1913
Acreage 0.450
Multifamily | 9 Units
Marketing description
4742–4754 Anthony Wayne Drive, Detroit, Michigan, a 9-unit multifamily investment opportunity located near Wayne State University in Midtown Detroit. The property is offered at $2,100,000 and features a reported 8.1% cap rate with additional upside potential.
This is a well-located asset in one of Detroit’s most recognized rental corridors, with proximity to Wayne State, the Medical Center, and other major Midtown demand drivers.
Listing Contacts
Listed by RE/MAX Dream Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$145,800.00
$12,150.00/mo
Valuation Metrics
0
DSCR
6.94%
Cap Rate
6.94%
ROI
Map
Zoning
R5 ResidentialMulti FamilyMedium Density Residential District
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View all 267 uses
View all 267 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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