16502 Lilac Street
Detroit, MI 48221
3
Bed
1
Bath
3,049Sqft
0.07Acre(Lot)
The property currently generates $1,275/month in rental income, offering an investor the opportunity to purchase a tenant-occupied property with an established rental arrangement. Optionable lot Available - The adjacent lot at 16508 Lilac ST is also available for purchase for $6,500-The buyer has the option to purchase the lot separately or in addition tp 16502 Lilac St, providing an opportunity to acquire additional land next to the investment property.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 3Bathroom Information
Total Baths: 1 Full Baths: 1Water/Sewer
Sewer: PublicRoom Information
Other Rooms: 5 -
Flooring Information
Wood -
Interior Features
Laundry Features: In Basement -
Heating & Cooling
Heating: Forced Air WaterSource: Public -
Fireplace
Number of Fireplaces: 0 Fireplace Features: 0
-
Building Information
Year Built: 1928 Construction Materials: Brick, Vinyl Siding Basement: Full -
Laundry Features
In Basement
-
Lot Information
Lot Dimensions: 311 Lot Size Area: 0.07 Acres Lot Square Feet: 3,049 Stories: 2 Main Square Feet: 3049Property Information
Property Type: Residential Sub Type: Single Family Residence SQ ft (Living Area): 3,049 Subdivision: The Garden Add Source Neighborhood: The Garden Add Construction Materials: Brick, Vinyl Siding Property Age: 98
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Listing Price Information
Listing Id: 26040806 ist Price: $139,000 List Price Tot SqFt: $46 Listing Terms Cash, Conventional -
Listing Information
Possession: Close Of Escrow
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Tax Information
Parcel Number: 16026188. Annual Tax: $3,284 Tax Year: 2025 Taxes: E LILAC 311 GARDEN ADDITION L13 P90 PLATS, W C R 16/305 30 X 100
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School Information
Senior High School District: Detroit
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 16210 Inverness Street, Detroit, MI, 48221 | $238,900 | 5 | 3 | 1,523 | 1,523 SqFt |
| 16554 Fairfield Street , Detroit, MI, 48221 | $187,500 | 6 | 1.5 | 1,917 | 1,917 SqFt |
| 17125 Warrington Drive , Detroit, MI, 48221 | $299,999 | 6 | 3 | 2,150 | 2,150 SqFt |
| 16568 Monica Street, Detroit, MI, 48221 | $164,999 | 4 | 2 | 1,500 | 1,500 SqFt |
| 17593 Monica Street, Detroit, MI, 48221 | $160,875 | 3 | 2 | 1,844 | 1,844 SqFt |
| 17199 San Juan Drive , Detroit, MI, 48221 | $199,000 | 4 | 2.5 | 2,294 | 2,294 SqFt |
| 16684 Woodingham Drive, Detroit, MI, 48221 | $249,000 | 5 | 3 | 1,858 | 1,858 SqFt |
| 16571 Woodingham Drive, Detroit, MI, 48221 | $154,900 | 3 | 1 | 1,190 | 1,190 SqFt |
| 20174 San Juan Drive, Detroit, MI, 48221 | $78,000 | 3 | 1 | 725 | 725 SqFt |
| 17516 Woodingham Drive, Detroit, MI, 48221 | $160,000 | 4 | 2 | 2,322 | 2,322 SqFt |
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ByOwner last updated this listing 08/06/2026 @ 04:27
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