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16217 Greenfield Road Detroit, MI $ 380,000
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16217 Greenfield Road
$ 380,000
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16217 Greenfield Road

Detroit, MI, 48235
$ 380,000
Bedrooms8 Baths6.0 Sq 6,970

Monthly Estimate*

$ 2,399

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Multi-Family Home for sale in Detroit, MI

for $380,000 with 8 bedrooms and 6 full baths. This 6,970 square foot home was built in 1962 on a lot size of 0.16.

*Excellent Investment in Detroit with over 10% Cap Rate* This is a 100% fully occupied 6 apartment building with a lot of long term tenants. Electricity is paid by tenants. Rent rolls will be provided upon request. Please do not disturb tenants. No showings until we have an accepted offer.

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Multi-Family Active

Price

$ 380,000

Bedrooms

8

Full Bath

6

Property Type

Multi-Family

Taxes

$ 5,227

Style

Colonial

Lot Size

0.16

Year Built

1962

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261060088
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style Colonial
Pool Features None
Construction Materials Brick
Pets Allowed Yes
Year Built 1962
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 29880.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Full Baths 6
Status Active
Directions West Side Of Greenfield Road
City DetroitCity_Wayne
Disclosures ActualIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 6
MLS Area Area05033DetSchcraft6GrnfldLimits
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 5
Land Lease Y/N N
Tax Annual Amount 5227.0
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 60947
Expected Active Date 2026-07-31
Legal Description W GREENFIELD W 142.4 OF N 50 FT OF S 100 FT 19 GREENFIELD ACRES SUB L32 P17 PLATS W C R 22/9 50 X 142.4
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 6970.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 6
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Exterior
Water Source Public
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 50X142.4
Lot Size Acres 0.16
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 16217
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* Excluded Features
List By
Daryl B Harris

Listing Agent

Black Diamond Realty

Broker

(313) 727-3886

Phone

Affordability Calculator

$2,835
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,399
Monthly Property Taxes
$436
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/1/2026$380,000 Listed Price

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16217 Greenfield Road, Detroit, MI, 48235 is a Multi-Family Home for sale at $380,000 with 6,970 sqft and a lot size of 0.16. 16217 Greenfield Road has 8 bedrooms, 6.0 baths, and was built in 1962. The property's zip code is 48235 which is in Detroit, MI

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