16241 E 7 Mile Road
Detroit, Michigan 48205
4
Bed
2.5
Bath
2,546Sqft
0.12Acre(Lot)
Here's a great opportunity to jump into the multi-family investment market for a great price in a good location! This 4-unit property is in great overall shape; three of the four units are rented with long-time tenants and perform well. The fourth unit is in good condition and up for rent as well. Seller also owns and has listed 19161Kelly and is willing to sell the two together on a discount. Seller will give a discount if you buy both buildings.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 2.5 Full Baths: 2 Half Baths: 1 -
Interior Features
Basement Description: Unfinished -
Heating & Cooling
Heating: Hot Water Heating Fuel: Natural Gas
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Building Information
Year Built: 1954 Building Stories: 2 Story Total Units: 4 Foundation/Basement: Basement Architecture: Traditional -
Exterior Features
Construction: Brick -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.12 Lot Dimensions: 60x100 Frontage Feet: 60 -
Property Information
SQ ft: 2546 Subdivision: Avalon Heights Financing: Cash,Conventional
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Listing Price Information
Original List Price: $230,000 -
Listing Information
Possession: At Close Legal Description: 21021327. 1 L S MADDELEIN 704 AVALON HEIGHTS SUB L49 P100 PLATS, W C R 21/789 40 IRREG
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Tax Information
Annual Tax: $6,511 Parcel Number: W21I021324C5Possession
At CloseLegal Information
Legal Description: Section: 21021327. 1 L S MADDELEIN 704 AVALON HEIGHTS SUB L49 P100 PLATS, W C R 21/789 40 IRREG
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Unit 1 Information
# of Bedrooms: 4
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School Information
School District: Detroit -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 16666 E 8 Mile Road , Detroit, MI, 48205 | $75,000 | -- | 2 | 974 | 974 SqFt |
| 14622 Faircrest Street , Detroit, MI, 48205 | $69,999 | 3 | 2 | 1,540 | 1,540 SqFt |
| 14422 Maddelein Street , Detroit, MI, 48205 | $230,000 | 4 | 4 | 2,898 | 2,898 SqFt |
| 14140 Seymour Street , Detroit, MI, 48205 | $74,900 | 4 | -- | -- | |
| 13892 Fordham Street , Detroit, MI, 48205 | $110,000 | 7 | -- | -- | |
| 13626 Troester Street , Detroit, MI, 48205 | $30,000 | 4 | 2 | 2,040 | 2,040 SqFt |
| 13505 Greiner Street , Detroit, MI, 48205 | $50,000 | 8 | 4 | 3,060 | 3,060 SqFt |
| 13449 Greiner Street , Detroit, MI, 48205 | $50,000 | 8 | 4 | 3,060 | 3,060 SqFt |
| 18418 Joann Street , Detroit, MI, 48205 | $150,000 | 4 | 2 | 1,939 | 1,939 SqFt |
| 18119 Joann Street , Detroit, MI, 48205 | $95,000 | 4 | 2 | 1,700 | 1,700 SqFt |
Similar Multifamily To 16241 E 7 Mile Road
Nearby For Sale
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ByOwner last updated this listing 06/17/2026 @ 02:44
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