Sold for $550,000
$550,000
16501-16561 Greenfield Rd, Detroit, MI 48235
64beds
22,377sqft
Multi Family
Built in 1958
-- sqft lot
$550,300 Zestimate®
$25/sqft
$1,111 Estimated rent
Home value
$550,300
$512,000 - $589,000
$1,111/mo
Zestimate® history
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Owner options
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What's special
INVESTOR SPECIAL! 56 unit complex that can be sold as a package. Each property is being listed individually. Refer to all address below for individual listed prices. Will sell separately for the right offer. 100% vacant add value properties. Good roofs and most windows updated! Mix between 1 and 2 bedroom units. Mostly 1 bed 1 bath. Units need turned and rented. Will be a cash cow for an investor! Greenfield road is the main strip from the city to the suburbs where the city busses run! Ample amount of parking spaces! Serious buyers only. Seller financing is available but seller needs 50% down. Looking for cash buyers. Addresses included are: 16600-16620 Greenfield, Detroit (80 Units) and 2255 Webb, Detroit (156 Units)
Zillow last checked: 8 hours ago
Listing updated: February 04, 2026 at 02:55pm
Listed by:
Justin Zehel 248-979-3466,
Keller Williams Paint Creek
Bought with:
Justin Zehel, 6501397844
Keller Williams Paint Creek
Source: MiRealSource,MLS#: 50175093
Originating MLS: MiRealSource
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 64
- Bathrooms: 56
- Full bathrooms: 56
Heating
- Boiler
Features
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 22,377
- Total interior livable area: 22,377 sqft
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.58 Acres
- Dimensions: 25265
Details
- Parcel number: 2205080920
- Special conditions: Private
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Basement
Condition
- Year built: 1958
Utilities & green energy
- Gas: Natural Gas
- Sewer: Public Sanitary
- Water: Public
Community & neighborhood
Location
- Region: Detroit
- Subdivision: Inglewood Park Sub 4
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 2/2/2026 | Sold | $550,000-44.7%$25/sqft |
Source: | ||
| 9/24/2025 | Price change | $995,000-23.5%$44/sqft |
Source: | ||
| 8/15/2025 | Price change | $1,299,900-13.3%$58/sqft |
Source: | ||
| 5/17/2025 | Listed for sale | $1,499,900$67/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: Crary
Nearby schools
GreatSchools rating
- 4/10King John R. Academic And Performing Arts AcademyGrades: PK-8Distance: 0.7 mi
- 3/10Ford High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- District: Detroit City School District
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value$550,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$550,300

