16810 Baylis Street Detroit, MI ^$ 499,999

16810 Baylis Street

^$ 499,999

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16810 Baylis Street

Detroit, MI, 48221

^$ 499,999

Studio Baths5.0 Sq 5,352

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 5,352 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.

Multi-Family Active

Price

^$ 499,999

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 134

Style

Lot Size

0.17

Year Built

1927

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60922035

Features

General

Heating Forced Air

Possession Negotiable (Possession)

Water Public Water

Status Active Active

Full Baths 5

Half Baths 0

Bathrooms 5

Year Built 1927

Subdivision Nagels Golf Club MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 50400

Ownership Private

Municipality Detroit

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions East Of Livernois South Of McNichols

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional FHA VA

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

DOM 138

Postal Code 48221

Price Per Sq Ft Total AG 93.42

Public Remarks Fully updated and income-producing 5-unit apartment building offering a strong opportunity for investors. Each unit is currently occupied by reliable tenants

Interior

Basement Block

Fireplace? No

Total Number of Units 5

Fuel Type Natural Gas

Exterior

Exterior Brick

Frontage 58

Lot Size Area 0.17

Lot Dimensions 57.6X117.78

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Chad Apap

Listing Agent

Exp Z Real Estate

Broker

chad@soldbymarkz.com

Affordability Calculator

$3,131

Per Month

Monthly Principal & Interest: $3,119
Monthly Property Taxes: $11
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

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 ^$230,468

Percent of Sale Price 54%

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
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 5,352 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

*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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16810 Baylis Street

Multi-Family Home for sale in Detroit, MI

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