16502 Lilac Street Detroit, MI ^$ 139,000

16502 Lilac Street

^$ 139,000

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16502 Lilac Street

Detroit, MI, 48221

^$ 139,000

Bedrooms3 Baths1.0 Sq 1,144

Monthly Estimate*

^$ 878

16502 Lilac Street, Detroit, MI 48221 - Image 1

16502 Lilac Street, Detroit, MI 48221 - Image 2

16502 Lilac Street, Detroit, MI 48221 - Image 3

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16502 Lilac Street, Detroit, MI 48221 - Image 5

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16502 Lilac Street, Detroit, MI 48221 - Image 7

16502 Lilac Street, Detroit, MI 48221 - Image 8

16502 Lilac Street, Detroit, MI 48221 - Image 9

16502 Lilac Street, Detroit, MI 48221 - Image 10

Single Family Home for sale in Detroit, MI

for $139,000 with 3 bedrooms and 1 full bath. This 1,144 square foot home was built in 1928 on a lot size of 0.07.

The property currently generates $1,275/month in rental income, offering an investor the opportunity to purchase a tenant-occupied property with an established rental arrangement. Optionable lot Available - The adjacent lot at 16508 Lilac ST is also available for purchase for $6,500-The buyer has the option to purchase the lot separately or in addition tp 16502 Lilac St, providing an opportunity to acquire additional land next to the investment property.

Single Family Active

Price

^$ 139,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 3,284

Style

Lot Size

0.07

Year Built

1928

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

70550470

Features

General

Heating Forced Air

Water Public Water

Status Active Active

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1928

County Wayne

Class RESIDENTIAL

Type Single Family

Municipality Detroit

New Construction Y/N No

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description E LILAC 311 GARDEN ADDITION L13 P90 PLATS W C R 16/305 30 X 100

DOM 1

Postal Code 48221

Price Per Sq Ft Total AG 121.5

Public Remarks The property currently generates $1 275/month in rental income

Exterior

Exterior Brick Vinyl Siding

Frontage 30

Lot Size Area 0.07

Pool (Y/N) No

Lot Dimensions 311

Waterfront Y/N No

Interior

Beds 3

Total Rooms 5

* Excluded Features

List By

Priscilla Wade

Listing Agent

Worth Clark Realty

Broker

wade_priscilla@yahoo.com

Affordability Calculator

$1,151

Per Month

Monthly Principal & Interest: $878
Monthly Property Taxes: $274
Monthly Home Insurance: --

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Interest Rate

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Yearly 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

Trends
Schools

Single family listings in Detroit, MI

Average List Price ^$130,067

Percent of Sale Price 6%

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
8/6/2026	$139,000		Listed Price

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16502 Lilac Street, Detroit, MI, 48221 is a Single Family Home for sale at $139,000 with 1,144 sqft and a lot size of 0.07. 16502 Lilac Street has 3 bedrooms, 1.0 baths, and was built in 1928. The property's zip code is 48221 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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16502 Lilac Street

Single Family Home for sale in Detroit, MI

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