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  • Price cut: $2K (7/31)
    $43,000

    16044 Fairmount Dr, Detroit, MI 48205

    2beds
    904sqft
    : 
    Single Family Residence
    Built in 1942
    4,356 Square Feet Lot
    $-- Zestimate®
    $48/sqft
    $-- HOA

    What's special

    Quiet residential street
    Cash-Flowing Investment Property in Detroit - Tenant Occupied! Great opportunity for investors! Located on a quiet, residential street in the heart of Detroit, this tenant-occupied, cash-flowing property is a smart addition to any rental portfolio. Features: Long-term tenant in place for 14 years ,Excellent payment history - currently paying $770/month, Reliable monthly rental income from day one, Potential for value-add improvements to increase equity and returns. With strong rental demand in the area and a stable tenant already in place, this home offers immediate income and long-term potential. Whether you're a seasoned investor or just starting out, this property is a solid pick for building wealth through real estate. Prime Detroit location | Investor special | Turnkey opportunity
    97 days
    on Zillow
    |
    221
    |
    14
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 31, 2025 at 10:52am

    Listed by:

    Kristina Khalifeh 313-689-8836,

    Arterra Luxe Collection LLC 248-733-5893

    Source: MichRIC,MLS#: 25020135MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Upper
    • Area: 144
    • Dimensions: 12.00 x 12.00
    Bedroom 2
    • Level: Main
    • Area: 121
    • Dimensions: 11.00 x 11.00
    Bedroom 3
    • Level: Main
    • Area: 100
    • Dimensions: 10.00 x 10.00
    Bathroom 1
    • Level: Main
    Kitchen
    • Level: Main
    • Area: 169
    • Dimensions: 13.00 x 13.00
    Laundry
    • Level: Basement
    Living room
    • Level: Main
    • Area: 196
    • Dimensions: 14.00 x 14.00
    Heating
    • Forced Air
    Appliances
    • Laundry: In Basement
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 904
    • Total interior livable area: 904 sqft
    • Finished area below ground: 0

    Property

    Features
    • Stories: 1
    Lot
    • Size: 4,356 Square Feet
    • Dimensions: 37.00 x 123.00
    Details
    • Parcel number: 21025145.

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1942

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $48/sqft
    • Tax assessed value: $22,575
    • Annual tax amount: $1,013
    • Date on market: 5/29/2025
    • Listing terms: Cash,Contract,Conventional
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