2826 16th Street
Detroit, MI, 48216 $ 247,500
Bedrooms3 Baths2.0 Sq 1,292 Monthly Estimate*
$ 1,524
for $247,500 with 3 bedrooms and 2 full baths. This 1,292 square foot home was built in 2024 on a lot size of 0.1.
Step into modern comfort at this brand new, thoughtfully designed 1292sqft home with 3 bedrooms and 2 baths. This home is built using innovative modular construction methods, ensuring high quality and efficiency, and boasts a Net Zero – Energy Star Rating. Located in the heart of Detroit in the North Corktown neighborhood, you'll enjoy views of the iconic Michigan Central Station and be within walking distance of Corktown's many amenities. The exterior of this home features durable architectural shingles, and fiberglass front and rear doors. Energy-efficient are installed throughout. Inside, a welcoming atmosphere awaits. The kitchen is equipped with ample upper cabinetry and matte black hardware, featuring a spacious stainless steel farm sink with a matte black faucet. It comes complete with new stainless steel appliances, including a built-in microwave, a heavy-duty dishwasher, a side-by-side refrigerator, and a garbage disposal. Durable luxury vinyl plank flooring and LED lighting are found throughout, including a convenient night light in the hall. The bathrooms are elegantly appointed with rectangular ceramic sinks and modern toilets, all complemented by a black fixture package. They feature a spacious 2-seat shower and thoughtful details like vinyl blinds throughout enhance comfort. This home is built with a robust steel joist system, a heat pump water heater, a whole-house vent fan, and perimeter heating, all backed by a 1-year builder's warranty. 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.
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FeaturesGeneralSewer SewerAtStreet
Heating ForcedAir NaturalGas
Cooling CeilingFans
Possession AtClose
Appliances Dishwasher FreeStandingElectricOven FreeStandingRefrigerator Microwave StainlessSteelAppliances
HOA Fee 50.0
Garage Spaces 1.0
Association Fee Includes MaintenanceGrounds
Patio/Porch Features Covered Porch
Architectural Style Ranch
Pool Features None
Construction Materials Other
Year Built 2024
Levels One
Property Subtype SingleFamilyResidence
Assoc Fee Paid Per Monthly
County Wayne
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name SUB OF PC 44 ALSO PG 3 DEEDS
Garage Y/N Y
Total Rooms 7
Full Baths 2
Status Pending
Directions Take the Rosa Parks Blvd exit on 75-South turn R onto 16th St.
City DetroitCity_Wayne
Disclosures TaxesNotHomesteadExempt
Entry Location GroundLevel
Senior Community Y/N N
High School District Detroit
MLS Area Area05101DetSouthOfGrandRiver
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 0.0
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 Pending
Occupancy Type Vacant
Tax Assessed Value 0
Expected Active Date 2025-10-22
Legal Description E 16TH 118 SUB OF P C 44 L68 P2-3 DEEDS W C R 10/31 40 X 106.85
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ExteriorParking Features OneCarGarage Detached
Water Source WateratStreet
Foundation Details CrawlSpace
Spa N
Lot Dimensions 40X106.85
Lot Size Acres 0.1
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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InteriorBasement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1292.0
Half Baths 0
Total Bedrooms 3
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $1,524
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 $129,095
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.
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/22/2025 | $247,500 | | Listed Price |