LKV Realty
Logo
$230,000
$1,150Reward *
16241 E 7 Mile Road, Detroit, MI 48205Listing ID 60985505

16241 E 7 Mile Road, Detroit, MI 48205

Active
Avalon Heights
Time on site: 119 daysLast updated: Jul 7, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bathrooms
Bathrooms
3
Square Feet
Square Feet
2,546
Acres
Acres
0.12
Days on Site
Days on Site
119
Heating
Heating
Hot Water
Year Built
Year Built
1954
Stories
Stories
2

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.

Property Information

Property Details

Location

Address
16241 E 7 Mile Road
County
Wayne
City
Detroit
Zip Code
48205
Subdivision
Avalon Heights
School District
Detroit City School District
MLS Area
Detroit (82001)
Imagine Home Realty, (313) 456-9898

Interior Features

Beds and Baths

Full Bathrooms
2
Half Bathrooms
1

Building

Building Information

Square Feet
2,546
Year Built
1954
Stories
2
Construction
Brick
Foundation
Basement

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$6,511

Market Report for 48205

* 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
MiRealSource logo
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.

RC358183