8162 E JEFFERSON Avenue # 16A Detroit, MI ^$ 160,000

8162 E JEFFERSON Avenue # 16A

^$ 160,000

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8162 E JEFFERSON Avenue # 16A

Detroit, MI, 48214

^$ 160,000

Bedrooms3 Baths2.1 Sq 2,540

Monthly Estimate*

^$ 998

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Condo for sale in Detroit, MI

for $160,000 with 3 bedrooms and 2 full baths, 1 half bath. This 2,540 square foot condo was built in 1925.

Fix & Flip Opportunity on the Detroit Riverfront! Welcome to the prestigious Detroit Towers, where timeless elegance meets full-service luxury living. This 16th-floor condo offers stunning waterfront views and incredible potential. Featuring 3 bedrooms, 2.5 bathrooms, and classic architectural charm, this spacious unit just needs a little TLC to restore it to its former glory - making it a true diamond in the rough. Enjoy peace of mind with HOA fees that cover 24-hour staffing including valet, heat, water, exterior maintenance, and building insurance. Live like royalty with round-the-clock service and security. With an ARV of $300,000, this is a perfect opportunity for investors or homeowners ready to bring their vision to life. Don't miss your chance to own a piece of Detroit's riverfront history!

Condo Active

Price

^$ 160,000

Bedrooms

Full Bath

Half Bath

Property Type

Condo

Taxes

^$ 8,571

Style

Historic

Year Built

1925

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60392186

Features

Interior

Interior Amenities Elevator/Lift

Bedroom 3 Level Entry

Bedroom 1 Level Entry

Bedroom 2 Level Entry

Beds 3

Fireplace? Yes

Total Rooms 6

General

Heating Forced Air

Possession At Close

Fireplaces FamRoom Fireplace Gas Fireplace

Garage Attached Garage

Water Public Water

Status Active Active

Full Baths 2

Half Baths 1

Bathrooms 3

Year Built 1925

Subdivision WAYNE COUNTY CONDO PLAN NO 46 (DETROIT TOWERS) MI

Style Historic

County Wayne

Class RESIDENTIAL

Type Condominium

Ownership Private

Municipality Detroit

Sale/Rent For Sale

Status Detail 0

HOA Fee Includes Gas Included Maintenance Grounds Snow Removal Trash Removal Water Maintenance Structure

Structure Style Condo/Apt 2nd Flr or Above

Area Detroit (82001)

Primary City Detroit

Directions South of Jefferson East of Van Dyke

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description S JEFFERSON APT 16AWAYNE COUNTY CONDOMINIUM SUB PLAN NO 46 AKA DETROIT TOWERS CONDO L18017 PGS 182-222 DEEDS W C R 17/558 3.49%

DOM 224

Postal Code 48214

Price Per Sq Ft Total AG 62.99

Public Remarks Fix & Flip Opportunity on the Detroit Riverfront! Welcome to the prestigious Detroit Towers

Exterior

Exterior Brick

Body of Water Detroit River

Pool (Y/N) No

Water Features River Frontage Water View

Roads Paved Street

Waterfront Y/N Yes

* Excluded Features

List By

Erick Monzo

Listing Agent

Keller Williams Realty-Great Lakes

Broker

erick@monzogroup.com

Affordability Calculator

$1,712

Per Month

Monthly Principal & Interest: $998
Monthly Property Taxes: $714
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Condo listings in Detroit, MI

Average List Price ^$330,123

Percent of Sale Price 106%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/7/2025	$160,000		Listed Price

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8162 E JEFFERSON Avenue # 16A, Detroit, MI, 48214 is a Condo for sale at $160,000 with 2,540 sqft. 8162 E JEFFERSON Avenue # 16A has 3 bedrooms, 2.1 baths, and was built in 1925. The property's zip code is 48214 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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8162 E JEFFERSON Avenue # 16A

Condo for sale in Detroit, MI

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