16005 Schoolcraft Street Detroit, MI ^$ 224,900

16005 Schoolcraft Street

^$ 224,900

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Recently Listed

16005 Schoolcraft Street

Detroit, MI, 48227

^$ 224,900

Bedrooms-- Baths8.0 Sq 7,005

Monthly Estimate*

^$ 1,553

16005 Schoolcraft Street, Detroit, MI 48227 - Image 1

16005 Schoolcraft Street, Detroit, MI 48227 - Image 2

16005 Schoolcraft Street, Detroit, MI 48227 - Image 3

16005 Schoolcraft Street, Detroit, MI 48227 - Image 4

16005 Schoolcraft Street, Detroit, MI 48227 - Image 5

Multi-Family Home for sale in Detroit, MI

for $224,900 with 8 full baths. This 7,005 square foot home was built in 1967 on a lot size of 0.14.

Great opportunity to add an 8-unit multifamily property to your investment portfolio. This property features a common entry and offers potential for investors looking to expand their rental holdings and generate additional income. Whether you're an experienced investor or looking to grow your portfolio, this property presents an opportunity to explore. Property is being sold AS IS. Buyer and buyer's agent to verify all information, including property details, condition, zoning, and rental potential.

Multi-Family Active

Price

^$ 224,900

Full Bath

Property Type

Multi-Family

Taxes

^$ 20,426

Style

Lot Size

0.14

Year Built

1967

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61040860

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Full Baths 8

Half Baths 0

Bathrooms 8

Year Built 1967

Subdivision Schoolcraft Gardens Sub MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 0

Ownership Private

Municipality Detroit

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions Schoolcraft & Redford

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description S SCHOOLCRAFT 2 E 20 FT 3 SCHOOLCRAFT GARDENS SUB L40 P35 PLATS W C R 22/32 60 X 100

DOM 1

Postal Code 48227

Price Per Sq Ft Total AG 32.11

Public Remarks

Exterior

Exterior Brick

Lot Size Area 0.14

Lot Dimensions 60X100

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 8

Fuel Type Natural Gas

* Excluded Features

List By

Richard Williams

Listing Agent

Berkshire Hathaway Homeservices The Loft Warehouse

Broker

richard@theloftwarehouse.com

Affordability Calculator

$3,255

Per Month

Monthly Principal & Interest: $1,553
Monthly Property Taxes: $1,702
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$254,515

Percent of Sale Price 13%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/21/2026	$224,900		Listed Price

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16005 Schoolcraft Street, Detroit, MI, 48227 is a Multi-Family Home for sale at $224,900 with 7,005 sqft and a lot size of 0.14. 16005 Schoolcraft Street has 8.0 baths and was built in 1967. The property's zip code is 48227 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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16005 Schoolcraft Street

Multi-Family Home for sale in Detroit, MI

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