MI > Detroit
Detroit, MI 48235,16225 Greenfield Road
Detroit, MI 48235,16225 Greenfield Road
Detroit, MI 48235,16225 Greenfield Road
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Luke Boyea

Luke Boyea

+1(231) 818-9328
$ 1,400,000
Est. payment | /mo

4 Beds

0.58 Acres Lot

Save
$ 1,400,000
Est. payment | /mo
Save

4 Beds

0.58 Acres Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 81025023572

Bedrooms 4

Year Built 1966

Annual Tax Amount $34,924

Lot Size 0.580 Acres

Acres 0.58

Lot Dimensions 179 x 142

Source Greater Metropolitan Association of REALTORS®

Property Description

These two multifamily properties offer strong investment potential with diverse rental opportunities. 16217 Greenfield Road features six units across two stories, with an average unit size of 673 square feet and a 67% occupancy rate. The mix of one- and two-bedroom units appeals to various tenants. 16225 Greenfield Road, with 26 units averaging 586 square feet, includes studios, one-bedroom, and two-bedroom units, with rents ranging from $650 to $900. Both properties offer competitive pricing and a variety of unit types, making them ideal for investors seeking to capitalize on the demand for affordable rental housing.

Location

State MI

County Wayne

Area Det - Schcraft-6 Grnfld-Limits

Direction on Greenfield between Hemlock & Florence

Interior

Interior Features Laundry Facility, Cable Available

Heating Forced Air

Cooling Central Air

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 32.0

Garage no

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID 220508223

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Shelby Fulkerson of Hub, LLC

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agent
Luke Boyea

Agent | License ID: 404566

+1(231) 818-9328

164 Indusco Ct., Troy, MI, 48083

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16225 Greenfield Road

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