16241 E 7 Mile Road Detroit MI 48205 | MLS #20261026758

16241 E 7 Mile Road
Detroit, MI, 48205
$230,000
Beds
3 Baths
2,546 SqFt
0.12 Acres
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MLS #20261026758 image #0
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

Price:
$230,000
MLS #:
20261026758
Status:
Active
Beds:
0
Baths:
3
Type:
Single Family
Subtype:
MultiFamily
Subdivision:
AVALON HEIGHTS
Neighborhood:
area05054det8togratiothoustonto7
Listed Date:
Apr 20, 2026
Finished Sq Ft:
2,546
Year Built:
1954
Short SaleTraditionalArea05054det8togratiothoustonto7Area05054det8togratiothoustonto7Avalon HeightsDetroitCatsok, Dogsok

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
2546
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Heating
Hot Water, Natural Gas
Levels
Two

Exterior

Architectural Style
Traditional
Construction Materials
Brick

Financial

Net Operating Income
$19,800
Taxes
$6,511

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Single Family in Detroit as of Sep 04, 2026
3,918
Single Family Listed
124
Avg DOM
95
Avg $ / SqFt
$151,169
Avg List Price

Property Summary

    Located in the AVALON HEIGHTS subdivision, 16241 E 7 Mile Road Detroit MI is a Single Family for sale in Detroit, MI, 48205. It is listed for $230,000 and features 0 beds, 3 baths, and has approximately 2,546 square feet of living space, and was originally constructed in 1954. The current price per square foot is $90. The average price per square foot for Single Family listings in Detroit is $95. The average listing price for Single Family in Detroit is $151,169. To schedule a showing of MLS#20261026758 at 16241 E 7 Mile Road in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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16241 E 7 Mile Road
Detroit, MI