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16845 Dolphin Street Detroit, MI $ 86,500
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16845 Dolphin Street
$ 86,500
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16845 Dolphin Street

Detroit, MI, 48219
$ 86,500
Baths2.0 Sq 1,551

Monthly Estimate*

$ 540

16845 Dolphin Street, Detroit, MI 48219 - Image 1
Studio

Multi-Family Home for sale in Detroit, MI

for $86,500 with 2 full baths. This 1,551 square foot home was built in 1920 on a lot size of 0.15.

TENANT OCCUPIED UPPER/LOWER MULTI FAMILY PROPERTY! THIS PROPERTY IS LOCATED SOUTH OF MCNICHOLS AND WEST OF LAHSER. BOTH UNITS ARE CURRENTLY OCCUPIED BY MONTH TO MONTH TENANTS. LOWER UNIT IS A 2 BEDROOM/1 BATH UNIT. RENT IS 850 PER MONTH AND A 850 SEC DEP IS HELD. THEY HAVE BEEN IN THE PROPERTY SINCE 2/1/24. THE UPPER UNIT IS A 1 BEDROOM/1 BATH UNIT. RENT IS 750 PER MONTH AND THERE IS A 1125 SEC DEP HELD. THEY HAVE BEEN IN THE PROPERTY SINCE 2/15/24. PROPERTY IS BEING SOLD WITH TENANTS. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. ALL SHOWINGS REQUIRE A LICENSED AGENT TO BE PRESENT. BUYER TO PAY DETROIT INVESTMENT CO A 295 PROCESSING FEE AT CLOSING.

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Multi-Family Active

Price

$ 86,500

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,765

Style

Bungalow

Lot Size

0.15

Year Built

1920

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251016148
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession SubjectToTenantRights
Garage Spaces 0.0
Architectural Style Bungalow
Pool Features None
Construction Materials VinylSiding
Pets Allowed No
Year Built 1920
Levels OneandOneHalf
Property Subtype MultiFamily
County Wayne
Net Operating Income 14000.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name FRANK LEES
Garage Y/N N
Rent Includes Sewer SnowRemoval Water YardMaintenance
Full Baths 2
Status Active
Directions SOUTH OF MCNICHOLS WEST OF LAHSER
City DetroitCity_Wayne
Disclosures ActualIncome NoInventoryListAvailable TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily Residential
Number Of Units Total 2
MLS Area Area05033DetSchcraft6GrnfldLimits
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 2
Land Lease Y/N N
Tax Annual Amount 2765.0
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
Occupancy Type Tenant
Tax Assessed Value 29200
Expected Active Date 2025-07-10
Legal Description W DOLPHIN 3 FRANK LEES SUB L35 P89 PLATS W C R 22/476 60 X 104.7A
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Interior
Basement Full Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1551.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 60X104.7
Lot Size Acres 0.15
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 16845
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* Excluded Features
List By
Mark Hutter

Listing Agent

Detroit Investment Company

Broker

(734) 838-9197

Phone

Affordability Calculator

$770
Per Month
70%
30%
0%
Monthly Principal & Interest
$540
Monthly Property Taxes
$230
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
7/10/2025$86,500 Listed Price

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16845 Dolphin Street, Detroit, MI, 48219 is a Multi-Family Home for sale at $86,500 with 1,551 sqft and a lot size of 0.15. 16845 Dolphin Street is a studio with 2.0 baths and was built in 1920. The property's zip code is 48219 which is in Detroit, MI

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