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16914 Monica Street Detroit, MI $ 315,000
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16914 Monica Street
$ 315,000
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16914 Monica Street

Detroit, MI, 48221
$ 315,000
Bedrooms5 Baths5.0 Sq 5,681

Monthly Estimate*

$ 2,176

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Multi-Family Home for sale in Detroit, MI

for $315,000 with 5 bedrooms and 5 full baths. This 5,681 square foot home was built in 1930 on a lot size of 0.11.

LOCATION, LOCATION, LOCATION. Walk to the University of Detroit Mercy. This fully renovated brick multi-family in the University District / Fitzgerald–Marygrove area is a turnkey income property: 100% rented, updated systems, and strong demand from students and neighborhood tenants. 5 bedrooms and 5 baths total,\ Units include kitchen, dining, and living areas (typical layout 1 bed / 1 bath Newer roof, windows, and gutters Newer electrical, plumbing, furnaces, and hot water tanks Newer kitchen cabinets Ceramic tile floors Fully renovated baths, Walking distance to University of Detroit Mercy (McNichols campus) Minutes to I-96 and the Lodge (M-10) for downtown and the suburbs Livernois / McNichols corridor: grocery, restaurants, and daily shopping Close to Palmer Park, Marygrove, and the University District residential streets Great money-maker for an investor who wants a renovated, occupied building next to a university with freeway access. Cash or conventional.

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Multi-Family Active

Price

$ 315,000

Bedrooms

5

Full Bath

5

Property Type

Multi-Family

Taxes

$ 1,243

Style

Upper Lower Apartment

Lot Size

0.11

Year Built

1930

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261078934
Features
General
Sewer SewerAtStreet
Heating ForcedAir NaturalGas
Possession RentalAgreement
Garage Spaces 0.0
Architectural Style UpperLowerApartment
Pool Features None
Construction Materials Brick
Pets Allowed No
Year Built 1930
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 CAMPUS VIEW SUBN
Garage Y/N N
Full Baths 5
Status Active
Directions S W McNichols W Livernois
City DetroitCity_Wayne
Disclosures ActualIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 5
MLS Area Area05042Det6TireGrnfldLivernois
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 5
Land Lease Y/N N
Tax Annual Amount 1243.0
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 Tenant
Tax Assessed Value 4404
Expected Active Date 2026-09-29
Legal Description E MONICA 48 CAMPUS VIEW SUB L47 P13 PLATS W C R 16/337 44.34 IRREG
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Interior
Basement Finished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 4123.0
Half Baths 0
Below Grade Finished Area 1558.0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 5
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Exterior
Water Source WateratStreet
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 44x111
Lot Size Acres 0.11
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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Internal Only
Street Number 1 16914
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* Excluded Features
List By
Ligia M Godoy

Listing Agent

Cmb Real Estate

Broker

(313) 301-4899

Phone

Affordability Calculator

$2,279
Per Month
95%
5%
0%
Monthly Principal & Interest
$2,176
Monthly Property Taxes
$104
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
848539 Elementary School
848135 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
10/14/2026$315,000 -5.97% Price Down
9/30/2026$335,000 Listed Price

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16914 Monica Street, Detroit, MI, 48221 is a Multi-Family Home for sale at $315,000 with 5,681 sqft and a lot size of 0.11. 16914 Monica Street has 5 bedrooms, 5.0 baths, and was built in 1930. The property's zip code is 48221 which is in Detroit, MI

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