FULLY TENANT-OCCUPIED SECTION-8 INVESTMENT PROPERTY RENTED AT $905/MONTH — BELOW MARKET VALUE — WITH A LONG-TERM TENANT OF OVER?8?YEARS. CURRENT RENT IS SIGNIFICANTLY BELOW AVERAGE FOR THE AREA AND CAN BE INCREASED TO THE CURRENT FAIR MARKET RENT OF $1,630/MONTH FOR A 3-BED WITH A 60-DAY NOTICE. LISTED AT $84,900, THIS PROPERTY OFFERS STABLE, GUARANTEED INCOME AND STRONG UPSIDE POTENTIAL. LOCATED IN A SOLID RENTAL POCKET OF WEST DETROIT, THIS 3-BEDROOM BUNGALOW IS PROFESSIONALLY MANAGED AND REQUIRES NO REHAB. RECENT UPGRADES INCLUDE A NEW ROOF, NEW MECHANICALS, AND OTHER MAJOR COMPONENTS, MAKING THIS A LOW-MAINTENANCE, TURNKEY ASSET.
WITH 20% DOWN AND STANDARD INVESTOR FINANCING, THIS IS A HIGH-YIELD OPPORTUNITY THAT DELIVERS CONSISTENT RETURNS. TAXES AND INSURANCE ARE AFFORDABLE, AND THE TENANT’S LONG HISTORY REDUCES TURNOVER RISK. IDEAL FOR LOCAL OR OUT-OF-STATE INVESTORS SEEKING RELIABLE CASH FLOW WITH MINIMAL HEADACHES. SHOWINGS ONLY AFTER ACCEPTED OFFER. DO NOT DISTURB TENANT. PROOF OF FUNDS OR PRE-APPROVAL REQUIRED.
For sale
$85,000
16514 Burt Rd, Detroit, MI 48219
3beds
858sqft
Single Family Residence
Built in 1942
6,098 Square Feet Lot
$83,600 Zestimate®
$99/sqft
$-- HOA
What's special
- 11 days |
- 67 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Yasir Abulaban 313-395-0000,
Own It Realty 313-395-0000
Source: Realcomp II,MLS#: 20261062084
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Entry
- Area: 132
- Dimensions: 11 X 12
Bedroom
- Level: Entry
- Area: 121
- Dimensions: 11 X 11
Bedroom
- Level: Entry
- Area: 144
- Dimensions: 12 X 12
Other
- Level: Entry
- Area: 35
- Dimensions: 5 X 7
Dining room
- Level: Entry
- Area: 70
- Dimensions: 7 X 10
Kitchen
- Level: Entry
- Area: 144
- Dimensions: 12 X 12
Living room
- Level: Entry
- Area: 165
- Dimensions: 11 X 15
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 858 sqft
- Finished area above ground: 858
Property
Parking
- Total spaces: 2
- Parking features: Two Car Garage, Detached
- Garage spaces: 2
Features
- Levels: One And One Half
- Stories: 1.5
- Entry location: GroundLevel
- Pool features: None
Lot
- Size: 6,098 Square Feet
- Dimensions: 50 x 117.59
Details
- Parcel number: 22107728
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1942
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: GRAND RIVER SUBURBAN
HOA
- Has HOA: No
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $99/sqft
- Tax assessed value: $12,288
- Annual tax amount: $1,309
- Date on market: 8/6/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
$83,600
$79,000 - $88,000
$1,293/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Listed for sale | $85,000+6.4%$99/sqft |
Source:  Realcomp II #20261062084 Report a problem | ||
| 10/10/2025 | Listing removed | $79,900$93/sqft |
Source: Realcomp II #20251023502 Report a problem | ||
| 8/29/2025 | Price change | $79,900-5.9%$93/sqft |
Source: Realcomp II #20251023502 Report a problem | ||
| 8/3/2025 | Listed for sale | $84,900+6.3%$99/sqft |
Source: Realcomp II #20251023502 Report a problem | ||
| 10/30/2023 | Listing removed | -- |
Source: Realcomp II #20230062780 Report a problem | ||
| 6/22/2023 | Listed for sale | $79,900+719.5%$93/sqft |
Source: Realcomp II #20230048055 Report a problem | ||
| 2/25/2011 | Sold | $9,750+8.3%$11/sqft |
Source: Public Record Report a problem | ||
| 11/24/2010 | Listed for sale | $9,000-93%$10/sqft |
Source: foreclosure.com Report a problem | ||
| 12/22/2009 | Sold | $129,207+4.6%$151/sqft |
Source: Public Record Report a problem | ||
| 7/17/2003 | Sold | $123,500$144/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $28,500 +22.8% |
| 2024 | -- | $23,200 +21.5% |
| 2023 | -- | $19,100 +19.4% |
| 2022 | -- | $16,000 +8.8% |
| 2021 | -- | $14,700 |
| 2020 | $641 -42.8% | $14,700 +31.3% |
| 2019 | $1,122 | $11,200 +9.8% |
| 2018 | $1,122 | $10,200 +18.6% |
| 2017 | -- | $8,600 +24.6% |
| 2016 | $2,250 | $6,900 |
| 2015 | $2,250 +9.6% | $6,900 -66.4% |
| 2013 | $2,052 -8.8% | $20,521 -30.2% |
| 2010 | $2,250 | $29,402 -12% |
| 2009 | -- | $33,411 -13.5% |
| 2008 | -- | $38,625 |
| 2007 | -- | $38,625 +5.5% |
| 2005 | $444 | $36,611 +3% |
| 2004 | -- | $35,545 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Riverdale
Nearby schools
GreatSchools rating
- 3/10Emerson Elementary-Middle SchoolGrades: PK-8Distance: 1.1 mi
- 2/10Ford High SchoolGrades: 9-12Distance: 2.1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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