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Milan 48160
636 Wabash Road
$43,500
● Mobile Manufactured - Off Market

636 Wabash Road

Milan, MI 48160
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,248 Ft²
$79,691
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Ranch-style manufactured home less than a mile from downtown Milan. 3-Bedrooms and a large 3-car detached garage. Get to work to make it your own! Check with your lender about appropriate financing for manufactured homes, or buy it with cash! With TLC, would make a great first home or rental property, with room for multiple vehicles.
Unit Size
1,248 Ft²
Days on Market
20 days
Land Size
0.18 acres
Price per sqft
$36
Property Type
Mobile Manufactured
Property Taxes
$150
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MichRIC MLS #23108371)

Price History

Date / Event Date Event Price
Jul 3, 2023 Sold
Premium
Sold
Aug 10, 2015 Sold
Premium
Sold
Jul 16, 2015 Listed by Howard Hanna RE Services $44,900
Listed by Howard Hanna RE Services
Oct 29, 2014 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 3
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTH SIDE ADDITION
  • Land Acres: 0000000040
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: MI 5M-26 CITY OF MILAN SOUTH SIDE ADDITION TO THE VILLAGE OF MILAN LOT 26

Neighborhood

  • School District Name: Milan Area Schools
  • School Tax School District: MILAN
  • Census Tract: 830700

Geography

  • District: 53
  • Parcel: 53-070-026-00
  • Lot: 26
  • Municipality: MILAN CITY
  • Latitude: 42.0751
  • Longitude: -83.6861

    Address

  • Full Address: 636 Wabash Rd
  • Address - House Number: 636
  • Address - Street Name: Wabash
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Milan
  • Carrier Code: R003
  • 4-Digit Zip Code: 9223
  • Zip Code: 48160

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $279,445
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 53

    Appraisal Valuation

  • Standard Deviation: 0.2303
  • Valuation Date: Dec 21, 2022
  • Confidence Score: 68
  • Final Value: 162,392
  • High Value: 199,798
  • Low Value: 124,987

    Market Valuation

  • Market Total Value: $145,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $72,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 03, 2015
  • Current Sale Recording Date: Aug 10, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2015R16387
  • Previous Sale Recording Date: Oct 29, 2014
  • Previous Sale Contract Date: Oct 23, 2014
  • Previous Sale Amount: $33,458
  • Previous Sale Document Type: 64
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Milan

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$195

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1644 ft²

Average Home Age

47.9 years

Currently For Sale

9 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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MichRIC

Listed by: Dan Tashjian, Howard Hanna RE Services
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 23108371
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 636 Wabash Street built and last sold?
The property at 636 Wabash Street was built in and last sold on Aug 3, 2015 for $43,500.
How much is this home worth?
The estimated value of the home located at 636 Wabash Street is $0.
What are some comparable homes to 636 Wabash Street?
There are currently no comparable homes to 636 Wabash Street.
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