16194 Princeton Street Detroit, MI $ 168,000
16194 Princeton Street
$ 168,000
Share Save

16194 Princeton Street

Detroit, MI, 48221
$ 168,000
Baths2.0 Sq 2,132

Monthly Estimate*

$ 1,048

16194 Princeton Street, Detroit, MI 48221 - Image 1
16194 Princeton Street, Detroit, MI 48221 - Image 2
16194 Princeton Street, Detroit, MI 48221 - Image 3
16194 Princeton Street, Detroit, MI 48221 - Image 4
16194 Princeton Street, Detroit, MI 48221 - Image 5
16194 Princeton Street, Detroit, MI 48221 - Image 6
16194 Princeton Street, Detroit, MI 48221 - Image 7
16194 Princeton Street, Detroit, MI 48221 - Image 8
16194 Princeton Street, Detroit, MI 48221 - Image 9
16194 Princeton Street, Detroit, MI 48221 - Image 10
16194 Princeton Street, Detroit, MI 48221 - Image 11
16194 Princeton Street, Detroit, MI 48221 - Image 12
16194 Princeton Street, Detroit, MI 48221 - Image 13
16194 Princeton Street, Detroit, MI 48221 - Image 14
16194 Princeton Street, Detroit, MI 48221 - Image 15
16194 Princeton Street, Detroit, MI 48221 - Image 16
16194 Princeton Street, Detroit, MI 48221 - Image 17
16194 Princeton Street, Detroit, MI 48221 - Image 18
16194 Princeton Street, Detroit, MI 48221 - Image 19
16194 Princeton Street, Detroit, MI 48221 - Image 20
16194 Princeton Street, Detroit, MI 48221 - Image 21
16194 Princeton Street, Detroit, MI 48221 - Image 22
16194 Princeton Street, Detroit, MI 48221 - Image 23
16194 Princeton Street, Detroit, MI 48221 - Image 24
16194 Princeton Street, Detroit, MI 48221 - Image 25
16194 Princeton Street, Detroit, MI 48221 - Image 26
16194 Princeton Street, Detroit, MI 48221 - Image 27
16194 Princeton Street, Detroit, MI 48221 - Image 28
16194 Princeton Street, Detroit, MI 48221 - Image 29
16194 Princeton Street, Detroit, MI 48221 - Image 30
16194 Princeton Street, Detroit, MI 48221 - Image 31
16194 Princeton Street, Detroit, MI 48221 - Image 32
16194 Princeton Street, Detroit, MI 48221 - Image 33
16194 Princeton Street, Detroit, MI 48221 - Image 34
16194 Princeton Street, Detroit, MI 48221 - Image 35
16194 Princeton Street, Detroit, MI 48221 - Image 36
16194 Princeton Street, Detroit, MI 48221 - Image 37
16194 Princeton Street, Detroit, MI 48221 - Image 38
16194 Princeton Street, Detroit, MI 48221 - Image 39
16194 Princeton Street, Detroit, MI 48221 - Image 40
16194 Princeton Street, Detroit, MI 48221 - Image 41
16194 Princeton Street, Detroit, MI 48221 - Image 42
16194 Princeton Street, Detroit, MI 48221 - Image 43
16194 Princeton Street, Detroit, MI 48221 - Image 44
16194 Princeton Street, Detroit, MI 48221 - Image 45
16194 Princeton Street, Detroit, MI 48221 - Image 46
Studio

Multi-Family Home for sale in Detroit, MI

for $168,000 with 2 full baths. This 2,132 square foot home was built in 1927 on a lot size of 0.09.

Investor Special with NEZ Tax Incentives! Ready for the right visionary, this Multi-family offers the perfect canvas for simple updates or a full value-add project. A recent appraisal shows an ARV of $300,000, making this a strong opportunity for anyone looking to capture instant equity. Whether you're planning a fix and flip or adding to your rental portfolio, the numbers make sense — recent rental income was $2,200/month, offering solid cash-flow in the highly desirable neighborhood of Martin Park. Rental demand in the area is strong, making this an ideal option for investors seeking steady, reliable returns. Featuring generous room sizes, a functional layout, and plenty of charm, this home can easily shine again. Bring your contractor and your imagination — the upside is undeniable. Seller offering a $5,000 Credit towards NEW Windows. Don’t miss your chance to own this cash flowing asset! Centrally located with easy access to Ferndale, Royal Oak, Downtown Detroit and major freeways.

See more

Multi-Family Active

Price

$ 168,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,529

Style

Colonial,Tudor

Lot Size

0.09

Year Built

1927

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251054555

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession Negotiable
Garage Spaces 0.0
Patio/Porch Features Porch
Architectural Style Colonial Tudor
Pool Features None
Construction Materials Brick WoodSiding
Pets Allowed Yes
Year Built 1927
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 0.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name MARTIN PARK
Garage Y/N N
Full Baths 2
Status Active
Directions South of McNichols & East of Livernois
City DetroitCity_Wayne
Disclosures ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description Residential
Number Of Units Total 2
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 1529.0
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 Vacant
Tax Assessed Value 15402
Expected Active Date 2025-11-17
Legal Description E PRINCETON 320 MARTIN PARK SUB L32 P44 PLATS W C R 12/247 35 X 112
See more
Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2132.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
See more
Exterior
Exterior Amenities Balcony Lighting
Water Source Public
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 35X112
Lot Size Acres 0.09
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Internal Only
Street Number 1 16194
See more
* Excluded Features
List By
Jim Shaffer

Listing Agent

Good Company

Broker

(248) 834-3030

Phone

Affordability Calculator

$1,176
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,048
Monthly Property Taxes
$127
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

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/17/2025$168,000 Listed Price

Map


See all

16194 Princeton Street, Detroit, MI, 48221 is a Multi-Family Home for sale at $168,000 with 2,132 sqft and a lot size of 0.09. 16194 Princeton Street is a studio with 2.0 baths and was built in 1927. The property's zip code is 48221 which is in Detroit, MI