Here's a great opportunity to jump into the multi-family investment market for a great price in a good location! This 4-unit property is in great overall shape; three of the four units are rented with long-time tenants and perform well. The fourth unit is in good condition and up for rent as well. Seller also owns and has listed 19161Kelly and is willing to sell the two together on a discount. Seller will give a discount if you buy both buildings.
For sale
$230,000
16241 E Seven Mile Rd, Detroit, MI 48205
4beds
2,546sqft
Est.:
Multi Family
Built in 1954
-- sqft lot
$225,100 Zestimate®
$90/sqft
$-- HOA
What's special
- 26 days |
- 415 |
- 31 |
Zillow last checked:
Listing updated:
Listed by:
Gregory White 313-456-9898,
Imagine Home Realty 313-456-9898
Source: Realcomp II,MLS#: 20261026758
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Hot Water, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,546 sqft
- Finished area above ground: 2,546
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 5,227.2 Square Feet
- Dimensions: 60 x 100
Details
- Parcel number: W21I021324C5
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: AVALON HEIGHTS
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $90/sqft
- Tax assessed value: $57,700
- Annual tax amount: $6,511
- Date on market: 4/20/2026
- Cumulative days on market: 26 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$225,100
$214,000 - $236,000
$1,204/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Listed for sale | $230,000+35.3%$90/sqft |
Source:  Realcomp II #20261026758 Report a problem | ||
| 11/18/2024 | Sold | $170,000$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $46,800 +23.5% |
| 2024 | -- | $37,900 +0.5% |
| 2023 | -- | $37,700 +48.4% |
| 2022 | -- | $25,400 +18.1% |
| 2021 | -- | $21,500 |
| 2020 | $972 -5.2% | $21,500 +3.4% |
| 2019 | $1,026 | $20,800 +7.8% |
| 2018 | $1,026 | $19,300 -9.8% |
| 2017 | -- | $21,400 +137.8% |
| 2016 | $1,568 | $9,000 |
| 2015 | $1,568 +25.1% | $9,000 -28.2% |
| 2013 | $1,254 -20% | $12,542 -31.8% |
| 2010 | $1,568 | $18,388 -12% |
| 2009 | -- | $20,896 -13.5% |
| 2008 | -- | $24,157 |
| 2007 | -- | $24,157 +5.5% |
| 2005 | $267 | $22,898 +3% |
| 2004 | -- | $22,231 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Regent Park
Nearby schools
GreatSchools rating
- NAFisher Magnet Upper AcademyGrades: 5-8Distance: 0.5 mi
- 4/10Denby High SchoolGrades: 9-12Distance: 0.7 mi
- NAFisher Magnet Lower AcademyGrades: PK-4Distance: 0.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Wayne County
- Detroit
- 48205
- Regent Park
- 16241 E Seven Mile Rd
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Detroit Topics
