16505 Indiana Street Detroit, MI ^$ 129,900

16505 Indiana Street

^$ 129,900

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16505 Indiana Street

Detroit, MI, 48221

^$ 129,900

Studio Baths2.0 Sq 2,167

Monthly Estimate*

^$ 810

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Studio

Multi-Family Home for sale in Detroit, MI

for $129,900 with 2 full baths. This 2,167 square foot home was built in 1928 on a lot size of 0.09.

Solid brick two unit has been converted to one Large dwelling with 4 bedrooms 2 baths and 1 kitchen. One door was blanked off with wood and can easily be restored to its original architecture as two units, serving its highest and best use, or remain as one dwelling for a large family to enjoy the space and comfort of the the home in its highly appreciating community. Versitility and updates make this a smart choice for saavy investors and/or blended families. Priced low for quick sale, area sales at higher price. Call to schedule appt in advance, House sitter is present for secuirty.

Multi-Family Pending

Price

^$ 129,900

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 913

Style

Lot Size

0.09

Year Built

1928

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60917773

Features

General

Heating Steam

Cooling Ceiling Fan(s)

Possession At Close

Status Pending Pending

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1928

Subdivision Puritan Heights Sub MI

Water Heater Gas

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 27300

Ownership Private

Municipality Detroit

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions East of Wyomimg near the Lodge at Florence.

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2022. W INDIANA 163 PURITAN HEIGHTS SUB L34 P60 PLATS W C R 16/302 35 X 114

DOM 42

Postal Code 48221

Price Per Sq Ft Total AG 59.94

Public Remarks

Exterior

Exterior Brick

Exterior Amenities Porch

Lot Size Area 0.09

Lot Dimensions 35X114

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Tennitia Wilson

Listing Agent

Cosmopolitan Real Estate Svs

Broker

tennitia@gmail.com

Affordability Calculator

$886

Per Month

Monthly Principal & Interest: $810
Monthly Property Taxes: $76
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$230,602

Percent of Sale Price 78%

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
7/11/2025	$129,900		Listed Price

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16505 Indiana Street, Detroit, MI, 48221 is a Multi-Family Home for sale at $129,900 with 2,167 sqft and a lot size of 0.09. 16505 Indiana Street is a studio with 2.0 baths and was built in 1928. The property's zip code is 48221 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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16505 Indiana Street

Multi-Family Home for sale in Detroit, MI

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