$95,000

$300Reward *

16191 Strathmoor Street, Detroit, MI 48235 4068Listing ID 61011015

16191 Strathmoor Street, Detroit, MI 48235 4068

Active

Charles Engel

Time on site: 35 days • Last updated: Jul 15, 2026

Property Type

Residential

Property Sub Type

Single Family Residence

Bedrooms

Bathrooms

Square Feet

1,100

Acres

0.09

Days on Site

Heating

Natural Gas, Forced Air

Year Built

1940

Stories

This beautifully renovated bungalow is a truly turnkey investment opportunity! Extensively remodeled on the interior in 2024, the home is currently tenant-occupied at $1,200 per month, providing immediate cash flow from day one with future upside through potential rent increases. The current tenant is up to date on rent, takes great care of the property, and would love to remain, offering added stability for the next owner. The home is professionally managed by a local property management company, giving buyers the option to continue management for a seamless transition or self-manage if preferred. Conveniently located on Detroit's west side with easy access to shopping, dining, major roadways, and public transportation, this is a solid, income-producing opportunity in Detroit's growing rental market. Subject to tenant's rights. Please do not disturb the tenant. No showings without an accepted offer. Photos were taken prior to tenant occupancy.

Property Information

Property Details

Location

Address

16191 Strathmoor Street

County

Wayne

City

Detroit

Zip Code

48235 4068

Subdivision

Charles Engel

School District

Detroit City School District

MLS Area

Detroit (82001)

Listing provided by Real Broker, LLC Troy, (517) 200-3245

Interior Features

Beds and Baths

Bedrooms

Full Bathrooms

Building

Building Information

Square Feet

1,100

Year Built

1940

Stories

Construction

Vinyl Siding

Foundation

Basement

Financial

Special Conditions

Standard

Property Taxes

Tax Annual Amount

$5,575

Market Report for 48235 4068

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MiRealSource

Originating MLS: MiRealSource

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource,Inc.

For corrections to this data please contact Brytecore MLS Support.

RC424498