16128 Dexter Avenue Detroit, MI $ 62,500
16128 Dexter Avenue
$ 62,500
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16128 Dexter Avenue

Detroit, MI, 48221
$ 62,500
Bedrooms2 Baths1.0 Sq 864

Monthly Estimate*

$ 390

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Single Family Home for sale in Detroit, MI

for $62,500 with 2 bedrooms and 1 full bath. This 864 square foot home was built in 1942 on a lot size of 0.07.

Investor -friendly 2 bedroom, 1 bath townhome-style unit in the highly desirable University of Detroit / Liv6 area, perfect for buy-and-hold investors seeking stable cash flow and long-term upside. This property offers a proven rental track record, having last rented for $850/month, providing immediate confidence in income potential from day one. The townhome-style layout features living and kitchen areas on the main level with bedrooms tucked upstairs for privacy - an easy-to-rent floorplan that appeals to a wide range of tenants, including students, university staff, and local residents. Located near the University of Detroit and the Livernois "Liv6" corridor, this unit sits in a strong rental pocket with consistent demand and solid neighborhood fundamentals. What truly sets this opportunity apart is the ability to scale: the unit next door is also available for purchase (separately), allowing an investor to acquire two neighboring doors in one location. This creates operational efficiencies for management and maintenance, and positions the property well for future portfolio growth or resale to another investor. Whether you're adding to an existing portfolio or acquiring your first rental, this 2 bed / 1 bath townhome offers: " Proven rent history (last rented at $850/month) " Desirable townhome-style layout " Strong rental location near University of Detroit and Liv6 " Opportunity to purchase the adjacent unit renting for $900 Ideal for the investor focused on steady income, efficient operations, and a long-term hold in a demand-driven rental market.

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Single Family Active

Price

$ 62,500

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 740

Style

Townhouse

Lot Size

0.07

Year Built

1942

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

25058932

Features
General
Sewer Public
Heating Forced Air
Roof Asphalt
Construction Materials Aluminum Siding Brick
Year Built 1942
Stories Count 2
Township Detroit City
Property Subtype Single Family Residence
Tax Year 2025
Ownership Private Owned
County Wayne
New Construction N
Property Type Residential
Garage Y/N N
Total Rooms 6
Full Baths 1
Status Active
Directions Puritan to Dexter
City Detroit
High School District Detroit
MLS Area Wayne County - 100
Lot Size Units Acres
Lot Size Square Feet 3049.0
Carport Y/N N
Listing Terms Cash FHA VA Loan Conventional
Land Lease Y/N N
Tax Annual Amount 740.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Wayne County - 100
Additional Parcels Y/N N
Rent Control Y/N N
Structure Type Townhouse
Standard Status Active
Tax Assessed Value 7422
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2023. E DEXTER N 28 FT OF S 30 FT 99 JEROME SUB L35 P23 PLATS W C R 12/250 28 X 11
Senior Community None
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Interior
Basement Full
Total Fireplaces 0
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
Laundry Features In Basement
Total Bedrooms 2
Below Grade Finished Area 0.0
Main Level Bedrooms 0
Total Baths 1
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Exterior
Water Source Public
Lot Size Area 0.07
Spa N
Building Area Total 864.0
Lot Dimensions 28 x 114
Lot Size Acres 0.07
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 16128
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* Excluded Features
List By
Prosperous Properties, Llc

Broker

nate@prosperouspropertiesllc.com

Email

Affordability Calculator

$452
Per Month
86%
14%
0%
Monthly Principal & Interest
$390
Monthly Property Taxes
$62
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
3706345 Elementary School
3706341 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/18/2025$62,500 Listed Price

Map


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16128 Dexter Avenue, Detroit, MI, 48221 is a Single Family Home for sale at $62,500 with 864 sqft and a lot size of 0.07. 16128 Dexter Avenue has 2 bedrooms, 1.0 baths, and was built in 1942. The property's zip code is 48221 which is in Detroit, MI