16126 Dexter Avenue Detroit, MI $ 135,000
16126 Dexter Avenue
$ 135,000
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16126 Dexter Avenue

Detroit, MI, 48221
$ 135,000
Baths0.0

Monthly Estimate*

$ 842

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Studio

Multi-Family Home for sale in Detroit, MI

for $135,000. This home was built in 1942 on a lot size of 0.11.

Investor -friendly 2 bedroom, 1 bath townhome-style units 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 one unit rented at $900 and the other 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 scale: the unit next door is currently being marketed as a separate unit, though acquiring the whole building as one transaction is the way to go. 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 two unit 2 bed / 1 bath townhome offers: " Proven rent history " Desirable townhome-style layout " Strong rental location near University of Detroit and Liv6 " One unit has an attached 2 car garage 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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Multi-Family Active

Price

$ 135,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,591

Style

2 to 4 Units

Lot Size

0.11

Year Built

1942

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

25058948

Features
General
Heating Forced Air
Utilities Cable Available Natural Gas Connected Electricity Connected
Construction Materials Aluminum Siding Brick
Year Built 1942
Tenant Pays Electric Water Sewer Gas
Township Detroit City
Property Subtype 2 to 4 Units
Tax Year 2025
County Wayne
New Construction N
Property Type Multi Family
Status Active
City Detroit
High School District Detroit
Number Of Units Total 2
MLS Area Wayne County - 100
Lot Size Units Acres
Lot Size Square Feet 4792.0
Listing Terms Cash Conventional
Land Lease Y/N N
Tax Annual Amount 2591.0
Lease Renewal Y/N N
MLS Area Minor Wayne County - 100
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 25500
Legal Description E DEXTER 98 S 2 FT 99 JEROME SUB L35 P23 PLATS WCR 12/250 42 X 114.43A
Senior Community None
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Interior
Basement Full
Basement (Y/N) Y
Heating Y/N Y
Total Baths 0
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Exterior
Total Parking 3.0
Lot Size Area 0.11
Number of Buildings 1
Spa N
Lot Dimensions 42 x 114
Lot Size Acres 0.11
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 16126
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* Excluded Features
List By
Prosperous Properties, Llc

Broker

nate@prosperouspropertiesllc.com

Email

Affordability Calculator

$1,058
Per Month
80%
20%
0%
Monthly Principal & Interest
$842
Monthly Property Taxes
$216
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$135,000 Listed Price

Map


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16126 Dexter Avenue, Detroit, MI, 48221 is a Multi-Family Home for sale at $135,000 with a lot size of 0.11. 16126 Dexter Avenue is a studio with 0.0 baths and was built in 1942. The property's zip code is 48221 which is in Detroit, MI