Detroit, MI 48235 16217 Greenfield Road
$1,600,000
0 more
Presented By: Shelby Fulkerson at Hub, LLC - (734) 667-1481
Home Details
These two multifamily properties offer strong investment potential with diverse rental opportunities. 16217 Greenfield Road features six units across two stories, with an average unit size of 673 square feet and a 67% occupancy rate. The mix of one- and two-bedroom units appeals to various tenants. 16225 Greenfield Road, with 26 units averaging 586 square feet, includes studios, one-bedroom, and two-bedroom units, with rents ranging from $650 to $900. Both properties offer competitive pricing and a variety of unit types, making them ideal for investors seeking to capitalize on the demand for affordable rental housing.
Presented By: Shelby Fulkerson at Hub, LLC - (734) 667-1481
Interior Features for 16217 Greenfield Road
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
BasementFull
Basement (Y/N)Yes
Heating Y/NYes
Laundry FeaturesLaundry Room
Total Fireplaces2
General for 16217 Greenfield Road
Additional Parcels Y/NNo
CityDetroit
Construction MaterialsBrick
CoolingWall Unit(s)
CountyWayne
Directionson Greenfield between Hemlock & Florence
Electric On Property Y/NNo
HeatingForced Air
High School DistrictDetroit
Land Lease Y/NNo
Lease Renewal Y/NNo
Legal DescriptionW GREENFIELD W 142.4 OF N 50 FT OF S 100 FT 19 GREENFIELD ACRES SUB L32 P17 PLATS, W C R 22/9 50 X 142.4
Listing TermsCash, Conventional
Lot Size Square Feet25439.0
Lot Size UnitsAcres
MLS AreaWayne County - 100
MLS Area MinorWayne County - 100
MobileHomeRemainsYNNo
ModificationTimestamp2025-04-11T16:19:19Z
New ConstructionNo
Number Of Units Total32
OwnerPaysTrash Collection, Water, Sewer, Gas
PossessionClose Of Escrow
Property Subtype5+ Units
Property TypeMulti Family
Rent Control Y/NNo
Senior CommunityNone
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount34924.0
Tax Assessed Value460950
Tax Year2024
Tenant PaysElectric
TownshipDetroit City
UtilitiesPhone Available, Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected
Waterfront Y/NNo
Year Built1962
Exterior for 16217 Greenfield Road
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions179 x 142
Lot FeaturesSidewalk
Lot Size Acres0.58
Lot Size Area0.58
Number of Buildings2
Open Parking Y/NNo
SpaNo
Total Parking32.0
Additional Details
Price History
Caylie Barras
Broker
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License #543277