32325 Parkwood ST, Westland, MI 48186
Local realty services provided by:ERA Prime Real Estate Group
32325 Parkwood ST,Westland, MI 48186
$3,150,000
- 3 Beds
- 1 Baths
- 1,162 sq. ft.
- Multi-family
- Active
Listed by: travis c scott, macey scott
Office: exp realty
MLS#:5050212589
Source:MI_REALCOMP
Price summary
- Price:$3,150,000
- Price per sq. ft.:$2,710.84
About this home
This property is being offered as a 19 unit single family rental portfolio across Southeast Michigan, sold together as one transaction. It is a turnkey package for an investor who wants real scale on day one instead of piecing it together one house at a time. All 19 homes are occupied and producing, with $343,380 in gross annual rent already in place and professional management running the day to day. The homes are spread across 11 established metro Detroit suburbs in Macomb, Oakland, and Wayne counties, so the income sits across a wide footprint instead of riding on one neighborhood. The mix is mostly three bedroom single family homes, with several four bedroom and multi bath homes in the group. Many of the homes have been renovated, with a handful fully redone in 2024 and 2025. 15 of the 19 homes are on month to month leases, which gives a new owner room to move below market rents toward market on a normal turn and renewal cycle. Tenants cover their own utilities. A full Offering Memorandum with verified financials, the rent roll, taxes, insurance, and full expense detail is available as a private document to qualified buyers under NDA. The 19 homes included in this offering: 22700 Arcadia, St. Clair Shores 61 Madison, Clawson 164 and 160 W Muir, Hazel Park 26135 Groveland, Madison Heights 26096 Delton, Madison Heights 21751 Bournemouth, Harper Woods 19537 E 12 Mile, Roseville 22020 Dante, Oak Park 21925 Elroy, Warren 12739 Sherman, Warren 11043 Hupp, Warren 15687 Ash, Eastpointe 22020 Sunset, Oak Park 32325 Parkwood, Westland 23021 Almond, Eastpointe 20237 Midway, Southfield 20640 Westhaven, Southfield 22456 Gascony, Eastpointe 34000 Fernwood, Westland Request the private Offering Memorandum and schedule your portfolio review today before someone else does. *Property is occupied please do not approach*...
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Home facts
- Year built:1959
- Listing ID #:5050212589
- Added:24 day(s) ago
- Updated:July 16, 2026 at 10:06 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,162 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas, Separate Meters
Structure and exterior
- Year built:1959
- Building area:1,162 sq. ft.
- Lot area:0.14 Acres
- Foundation Description:Basement
- Levels:One
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,150,000
- Price per sq. ft.:$2,710.84
- Tax amount:$5,136
Parking
- Parking description:Detached, Two Car Garage
- Garage spaces:2
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