34000 Fernwood ST Westland MI 48186 MLS #5050212598

34000 Fernwood ST
Westland, MI, 48186
$3,150,000
3 Beds
1 Baths
1,291 SqFt
0.24 Acres
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MLS #5050212598 image #0
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*

Property Details

Price:
$3,150,000
MLS #:
5050212598
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
CHERRY HILL PLAZA SUB 2
Neighborhood:
area05081westland
Listed Date:
Jun 18, 2026
Finished Sq Ft:
1,291
Year Built:
1959
Short SaleArea05081westlandArea05081westlandCherry Hill Plaza Sub 2Waynewestland

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Schools

School District:
WayneWestland

Interior

Above Grade Finished Area
1291
Bathrooms
1 Full Bathroom
Heating
Forced Air, Natural Gas, Separate Meters
Levels
One

Exterior

Garage Spaces
2
Parking Features
TwoCarGarage, Detached

Financial

Net Operating Income
$159,529
Taxes
$6,506

Map

Community

Subdivisions in Westland

Market Summary

Current real estate data for Single Family in Westland as of Jul 15, 2026
157
Single Family Listed
50
Avg DOM
197
Avg $ / SqFt
$284,264
Avg List Price

Property Summary

    Located in the CHERRY HILL PLAZA SUB 2 subdivision, 34000 Fernwood ST Westland MI is a Single Family for sale in Westland, MI, 48186. It is listed for $3,150,000 and features 3 beds, 1 baths, and has approximately 1,291 square feet of living space, and was originally constructed in 1959. The current price per square foot is $2,440. The average price per square foot for Single Family listings in Westland is $197. The average listing price for Single Family in Westland is $284,264. To schedule a showing of MLS#5050212598 at 34000 Fernwood ST in Westland, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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