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16501-16561 Greenfield Road Detroit, MI $ 995,000
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$ 995,000 Get more info
16501-16561 Greenfield Road
$ 995,000
Back to search
Share Save

16501-16561 Greenfield Road

Detroit, MI, 48235
$ 995,000
Bedrooms64 Baths56.0 Sq 22,377

Monthly Estimate*

$ 6,208

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Multi-Family Home for sale in Detroit, MI

for $995,000 with 64 bedrooms and 56 full baths. This 22,377 square foot home was built in 1958 on a lot size of 0.58.

INVESTOR SPECIAL! 56 unit complex that can be sold as a package. Each property is being listed individually. Refer to all address below for individual listed prices. Will sell separately for the right offer. 100% vacant add value properties. Good roofs and most windows updated! Mix between 1 and 2 bedroom units. Mostly 1 bed 1 bath. Units need turned and rented. Will be a cash cow for an investor! Greenfield road is the main strip from the city to the suburbs where the city busses run! Ample amount of parking spaces! Serious buyers only. Seller financing is available but seller needs 50% down. Looking for cash buyers. Addresses included are: 16600-16620 Greenfield, Detroit (80 Units) and 2255 Webb, Detroit (156 Units)

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Multi-Family Active

Price

$ 995,000

Bedrooms

64

Full Bath

56

Property Type

Multi-Family

Taxes

$ 28,089

Style

MultiFamily

Lot Size

0.58

Year Built

1958

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

58050175093
Features
General
Sewer PublicSewer
Heating NaturalGas SeparateMeters Steam
Possession AtClose
Garage Spaces 0.0
Year Built 1958
Levels Two
Property Subtype MultiFamily
County Wayne
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name INGLEWOOD PARK SUB 4
Garage Y/N N
Full Baths 56
Status Active
City DetroitCity_Wayne
Disclosures TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Number Of Units Total 56
MLS Area Area05033DetSchcraft6GrnfldLimits
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 28089.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Legal Description W GREENFIELD 639 THRU 650 INGLEWOOD PARK SUB NO 4 L53 P24 PLATS W C R 22/192 246.52 IRREG
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Exterior
Water Source Public
Foundation Details Basement
Spa N
Lot Dimensions 25265
Lot Size Acres 0.58
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 22377.0
Total Bedrooms 64
Above Grade Finished Area Source PublicRecords
Above Grade Finished Area Unit Type SquareFeet
Total Baths 56
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* Excluded Features
List By
Justin Zehel

Listing Agent

Keller Williams Paint Creek

Broker

(248) 979-3466

Phone

Affordability Calculator

$8,548
Per Month
73%
27%
0%
Monthly Principal & Interest
$6,208
Monthly Property Taxes
$2,341
Monthly Home Insurance
--
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
848539 Elementary School
848135 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
9/24/2025$995,000 -23.46% Price Down
8/15/2025$1,299,900 -13.33% Price Down
5/17/2025$1,499,900 Listed Price

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16501-16561 Greenfield Road, Detroit, MI, 48235 is a Multi-Family Home for sale at $995,000 with 22,377 sqft and a lot size of 0.58. 16501-16561 Greenfield Road has 64 bedrooms, 56.0 baths, and was built in 1958. The property's zip code is 48235 which is in Detroit, MI

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