For Sale
5701-5707 Woodward Street, Dearborn, MI 48184
$1,556,700
MLS # 20261005388 (Realcomp)
Built 19660.15 acres
1 / 13
Listing Description
Rare opportunity to own two apartment buildings. This amazing investment consists of two separate apartment buildings. Building one is a brick two story, consisting of eight, two bedroom units, private patios with sliding doors with central laundry room with paid laundry that generates additional income. Building two consisting of eight one bedroom units, with central laundry room. A grand total of 16 apartment units Private parking lot with assigned spaces. Seasoned and strong rent roll for both buildings with full occupancy. All units are rented at market value with great paying long term tenants. Most of the units have been recently updated. Large center common area for both units Both buildings are fully city certified and ready for transfer. Do NOT disturb tenants. Showings will be scheduled only upon accepted offer. BATVAI
Source: SparkMLS
About this home
Asking $1,556,700.
Property tax estimate: $12,295 per year ($1,025/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Broadband is available with download speeds up to 2,000 Mbps from 8 providers. Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.15 acres
Year Built1966
Location
CityDearborn
MunicipalityWayne City
Zip Code48184
CountyWayne
School DistrictWayne-Westland
Construction & Systems
ConstructionVinyl Siding, Brick
HeatingBaseboard
WaterPublic
Sale & Financing
Listed1/26/2026
Original Price$1,599,700
Source: SparkMLS
Tax Information
Annual Tax$12,295
Parcel #55016060028000
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Hiba Saad
Keller Williams Legacy
Frequently Asked Questions about 5701-5707 Woodward Street, Dearborn, MI 48184
What school district is 5701-5707 Woodward Street, Dearborn, MI 48184 in?
Per MLS# 20261005388, this property is served by Wayne-Westland. In Michigan, school district boundaries are set by the state and do not always follow city limits.
How much are property taxes for this home?
Per MLS# 20261005388, the most recent reported annual property tax for 5701-5707 Woodward Street, Dearborn, MI 48184 is $12,295. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 5701-5707 Woodward Street, Dearborn, MI 48184 eligible for USDA financing?
Per USDA Rural Development boundary data, 5701-5707 Woodward Street, Dearborn, MI 48184 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 5701-5707 Woodward Street, Dearborn, MI 48184 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is fiber internet available at 5701-5707 Woodward Street, Dearborn, MI 48184?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 5701-5707 Woodward Street, Dearborn, MI 48184. The maximum advertised download speed is 2.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Mortgage Calculator
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Monthly payment$10,097
Principal & interest$10,097
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5701-5707 Woodward Street, Dearborn, MI 48184
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Municipality
Wayne
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County
Wayne County
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