These two multifamily properties offer strong investment potential with diverse rental opportunities. 16217 Greenfield Road features six units across two stories, with an average unit size of 673 square feet and a 67% occupancy rate. The mix of one- and two-bedroom units appeals to various tenants. 16225 Greenfield Road, with 26 units averaging 586 square feet, includes studios, one-bedroom, and two-bedroom units, with rents ranging from $650 to $900. Both properties offer competitive pricing and a variety of unit types, making them ideal for investors seeking to capitalize on the demand for affordable rental housing.
Property Details
Price:
$1,400,000
MLS #:
81025014710
Status:
Active
Beds:
0
Baths:
0
Address:
16217 Greenfield Road
Type:
Single Family
Subtype:
Multi Family
Neighborhood:
05033 – Det – Schcraft-6 Grnfld-Limits
City:
Detroit
Listed Date:
Apr 11, 2025
State:
MI
Finished Sq Ft:
22,430
Total Sq Ft:
22,430
ZIP:
48235
Lot Size:
1,108,122,840 sqft / 0.58 acres (approx)
Year Built:
1962
See this Listing
I’m a first-generation American with Italian roots. My journey combines family, real estate, and the American dream. Raised in a loving home, I embraced my Italian heritage and studied in Italy before returning to the US. As a mother of four, married for 30 years, my joy is family time. Real estate runs in my blood, inspired by my parents’ success in the industry. I earned my real estate license at 18, learned from a mentor at Century 21, and continued to grow at Remax. In 2022, I became the…
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Schools
School District:
Detroit
Interior
Cooling
Wall Units
Heating
Forced Air, Natural Gas
Laundry Features
Laundry Room
Exterior
Community Features
Sidewalks
Construction Materials
Brick
Parking Spots
32
Financial
Taxes
$34,924
Map
Community
- Address16217 Greenfield Road Detroit MI
- CityDetroit
- CountyWayne
- Zip Code48235
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16217 Greenfield Road
Detroit, MI
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