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1st image of 16241 E 7 Mile Rd, Detroit, MI 48205 | MLS# 60985505
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$230,000

  • Beds Icon-- Bed
  • Beds Icon
    3 Baths

    2 full baths + 1 half bath

  • Beds Icon2,546sqft

16241 E 7 Mile Rd, Detroit, MI 48205

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  • Multi Family

  • Built in 1954

  • $-- HOA

  • 5,227.2 sqft lot

  • $90/sq.ft

Description

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.

  • Houzeo last checked: 29 minutes ago
  • Listing updated: July 7, 2026 at 12:44 am
  • Listing Provided by: Gregory White (313) 456-9898 DRE #6501358183 | Imagine Home Realty (313) 456-9898
  • Source: MiRealSource MLS-MI | MLS#: 60985505 MiRealSource MLS-MI

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Wayne County

  • City

    Detroit

  • Neighborhood

    Regent Park

  • Year Built

    1954

  • HOA Fees

    -

  • Finished Area

    2,546 sqft

  • Lot Size

    5,227.2 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MiRealSource MLS

  • MLS Number

    60985505

  • MLS Status

    Active

  • Days on Market

    101

  • Cumulative Days on Market

    78

Data provided by Redfin

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