2827 16th Street
Detroit, MI, 48216 $ 257,000
Bedrooms3 Baths2.1 Sq 1,534 Monthly Estimate*
$ 1,603
for $257,000 with 3 bedrooms and 2 full baths, 1 half bath. This 1,534 square foot home was built in 2024 on a lot size of 0.07.
This home is part of a Community Land Trust (CLT) program, offering permanently affordable homeownership by holding the land in trust. Buyers must qualify at less than 80% AMI ($56,600 for an individual, $64,650 for two people). Monthly CLT dues are $50. All buyers receive support through MiSide for pre-qualification and consultation, and five briefed lenders are available for financing, though any lender can be used. Suggested pricing includes delivery, setup, and finishing. Step into modern comfort at 2827 16th Street, Detroit ââ¬â a brand new, thoughtfully designed 1534 sq ft home with 3 bedrooms and 2.5 baths. Built using innovative modular construction methods for high quality and efficiency, this home is nestled in the heart of Detroit's North Corktown neighborhood. You'll enjoy views of the iconic Michigan Central Station and the convenience of being within walking distance of Corktown's many amenities. The home's exterior features durable siding and high-quality black windows, complemented by generous eaves and a striking roof design. Inside, a welcoming atmosphere prevails with well-finished walls, stylish black accent hardware, and classic Craftsman-style doors throughout. The kitchen is a highlight, boasting ample cabinetry, premium countertops, a custom bar top, and new stainless steel appliances, including a dishwasher and side-by-side refrigerator. Durable vinyl plank flooring and modern LED lighting create a bright and inviting space. Bathrooms are elegantly appointed with cultured marble countertops, a spacious tub/shower, and a large tiled shower with a convenient niche. Thoughtful details like an oak stair bannister and newel add to the appeal. This energy-efficient home is designed for comfort and includes a 10-year warranty.
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FeaturesGeneralHeating Forced Air
Kitchen Level Entry
Cooling Central A/C
Possession At Close
Garage Detached Garage
Water Public Water at Street
Appliances Dishwasher Dryer Microwave Range/Oven Refrigerator Washer
Status Active Active
Full Baths 2
Half Baths 1
Bathrooms 3
Year Built 2024
Subdivision Sub Of Pc 44 Also Pg 3 Deeds MI
Style Contemporary
County Wayne
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Detroit
Sale/Rent For Sale
Status Detail 0
HOA Fee Includes Maintenance Grounds
Structure Style 2 Story
Area Detroit (82001)
Primary City Detroit
Directions Take the Rosa Parks Blvd exit on 75-South turn R onto 16th St
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional FHA VA
Legal Description W 16TH N 30 FT 104 SUB OF P C 44 L68 P2-3 DEEDS W C R 10/31 30 X 106.85
DOM 44
Postal Code 48216
Price Per Sq Ft Total AG 167.54
Public Remarks This home is part of a Community Land Trust (CLT) program offering permanently affordable homeownership by holding the land in trust. Buyers must qualify at less than 80% AMI ($56
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InteriorDining Room Level Entry
Bedroom 3 Level Second
Bedroom 1 Level Second
Bedroom 2 Level Second
Beds 3
Fireplace? No
Total Rooms 9
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ExteriorExterior Other
Exterior Amenities Porch
Frontage 30
Lot Size Area 0.07
Pool (Y/N) No
Lot Dimensions 30X106.85
Roads Paved Street
Waterfront Y/N No
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $1,603
- Monthly Property Taxes
- --
- 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.
Learn more about how to save NearbySingle family listings in Detroit, MI
Average List Price $133,523
Percent of Sale Price 48%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/22/2025 | $257,000 | | Listed Price |