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16810 Baylis Street Detroit, MI $ 499,999
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$ 499,999 Get more info
16810 Baylis Street
$ 499,999
Back to search
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16810 Baylis Street

Detroit, MI, 48221
$ 499,999
Baths5.0 Sq 7,996

Monthly Estimate*

$ 3,119

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Studio

Multi-Family Home for sale in Detroit, MI

for $499,999 with 5 full baths. This 7,996 square foot home was built in 1927 on a lot size of 0.17.

Fully updated and income-producing 5-unit apartment building, offering a strong opportunity for investors. Each unit is currently occupied by reliable tenants, all of whom have been in place for approximately three years and wish to stay. All leases are month-to-month, leaving flexibility for the new owner. Recent upgrades include energy-efficient appliances, a new furnace, and a new hot water tank. No major repairs are needed. Approximately 15 years remain on the tax abatement. Located near expressways, just 15 minutes from downtown Detroit and 20 minutes from Detroit Metro Airport. Great 8.5% cap rate in an up-and-coming Detroit neighborhood.

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Multi-Family Active

Price

$ 499,999

Bedrooms

Studio

Full Bath

5

Property Type

Multi-Family

Taxes

$ 134

Style

Common Entry Building

Lot Size

0.17

Year Built

1927

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251015492
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession Negotiable
Garage Spaces 0.0
Architectural Style CommonEntryBuilding
Pool Features None
Construction Materials Brick
Pets Allowed Call
Year Built 1927
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 50400.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name NAGELS GOLF CLUB
Garage Y/N Y
Full Baths 5
Status Active
Directions East Of Livernois South Of McNichols
City DetroitCity_Wayne
Disclosures ActualIncome NoRestrictions TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 5
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 5
Land Lease Y/N N
Tax Annual Amount 134.0
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 Owner
Tax Assessed Value 800
Expected Active Date 2025-07-25
Legal Description E BAYLIS 18 NAGELS GOLF CLUB SUB AND VAC ALLEY ADJ L42 P47 PLATS W C R 8/170 57.6 X 127.78A
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 5352.0
Half Baths 0
Below Grade Finished Area 2644.0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 5
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Exterior
Parking Features Garage
Water Source Public
Total Parking 2.0
Foundation Details Basement Block
Spa N
Lot Dimensions 57.6X117.78
Lot Size Acres 0.17
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 16810
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* Excluded Features
List By
Chad Apap

Listing Agent

Exp Z Real Estate

Broker

(248) 937-1337

Phone

Affordability Calculator

$3,131
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,119
Monthly Property Taxes
$11
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/17/2025$499,999 -4.76% Price Down
10/9/2025$525,000 -4.55% Price Down
9/3/2025$550,000 -5.34% Price Down
8/8/2025$581,000 -3.15% Price Down
7/25/2025$599,900 Listed Price

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16810 Baylis Street, Detroit, MI, 48221 is a Multi-Family Home for sale at $499,999 with 7,996 sqft and a lot size of 0.17. 16810 Baylis Street is a studio with 5.0 baths and was built in 1927. The property's zip code is 48221 which is in Detroit, MI

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