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Price Drop: $4.5K (09/23)
Street View
$124,500
Monthly Est:$620
3 Beds
1 Bath1 full bath
3,049sqft
16502 Lilac St, Detroit, MI 48221
$124,500
$620/moEst:
Get Pre-Approved
Single Family Residence
Built in 1928
$-- HOA
3,049.2 sqft lot
$41/sq.ft
Description
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.
- Houzeo last checked: 9 minutes ago
- Listing updated: October 7, 2026 at 1:30 am
- Listing Provided by: Priscilla Wade (313) 753-6477 | Worth Clark Realty (800) 991-6092
- Source: Realcomp MLS-MI | MLS#: 81026040806
- Originating MLS: Greater Metropolitan Association of REALTORS
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
2
County
City
Neighborhood
Year Built
1928
HOA Fees
-
Finished Area
3,049 sqft
Lot Size
3,049.2 sqft lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
81026040806
MLS Status
Active
Days on Market
64
Cumulative Days on Market
62
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathroom: 1
Interior
Cooling
Window Units
Heating
Forced Air, Hot Water, Natural Gas
Flooring
Wood
Sewer
Public Sewer
Construction
Year Built
Year Built: 1928
Home type
Single Family Residence
Roof
Shingle
Construction Materials
Brick, Vinyl Siding
Architectural Style
Bungalow
Foundation Details
Basement
Utilities & Energy
Water Source
Public
Basement
Full
Laundry Features
In Basement
Other Features
Patio And Porch Features
Covered, Porch
Subdivision Name
The Garden Add
Price History
| Date | Event | Price |
|---|---|---|
09/23/2026 Source: | Listed for Sale | $124,500 -3.49% $41/sqft |
09/05/2026 Source: | Off Market | $129,000 -7.19% $42/sqft |
08/05/2026 Source: | Listed for Sale | $139,000 $46/sqft |
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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 09, 2026, 03:45AM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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