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1447 Wayburn, Grosse Pointe Park, MI 48230

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For Sale
Sale Pending

$475,000

4 beds • 4 baths • 3,332 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $142.56
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Four-Family Investment Property for Sale in Grosse Pointe Park Prime West Park Location Near Waterfront Parks Welcome to 1447 Wayburn, a rare West Park four-family property offering location, character, and excellent investment potential. Situated on a quiet dead-end street in the heart of Grosse Pointe Park, this well-maintained building combines historic charm with consistent rental income and long-term equity growth. Each of the four spacious one-bedroom apartments features hardwood floors, private balconies, and separate utilities. Three units are furnished (included with sale) and currently rented (2) as mid-term rentals at $1,500/month with landlord-paid utilities, while one finished and one unfurnished long-term lease is at $1,200/month with tenant-paid DTE. Easy off-street parking and well-designed floor plans enhance tenant satisfaction and retention. Showings will be available for one unit initially; additional units can be shown upon verified interest. Residents enjoy all the amenities that make Grosse Pointe Park one of Metro Detroit s most desirable rental markets including exclusive access to two private lakefront parks. Windmill Pointe Park features a marina, swimming pool, fitness center, playground, basketball and tennis courts, and movie theaters, while Patterson Park offers a dog park, splash pad, skating rink, kayak launch, and scenic green space for year-round recreation. The location is unbeatable: Highly rated Grosse Pointe Public Schools Minutes to Downtown Detroit for work or entertainment Bikeable commute along the lakefront Steps from West Park s vibrant restaurants, coffee shops, and boutiques Patterson Park also features a fenced dog park one of the area s most popular spots for pet owners and a true community hub. Coming Fall 2025: the Schaap Center for the Performing Arts, bringing concerts and cultural events to the neighborhood Opportunities like this are rare multi-family properties in Grosse Pointe Park s West Park district are in high demand. Whether you re an investor, owner-occupant, or short-term rental host, 1447 Wayburn offers a proven income stream, future appreciation, and access to a thriving community with small-town charm and city convenience.
MLS# 50188083

Courtesy Of Sine & Monaghan, Realtors
18412 Mack Avenue, Grosse Pointe Farms, MI 48236
(313) 884-7000

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Appliances
    Dryer, Range, Refrigerator
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)
  • Exterior Type
    Vinyl Siding
  • Lot Size
    0.08 Acres
  • Rooms
    Basement, Dining Room

Map and Directions

Directions to 1447 Wayburn, Grosse Pointe Park, MI 48230

Home seller CENTURY 21 Curran & Oberski

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Curran & Oberski

(313) 274-7200
Learn More About Us

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.