Investor Special with NEZ Tax Incentives! Ready for the right visionary, this Multi-family offers the perfect canvas for simple updates or a full value-add project. A recent appraisal shows an ARV of $300,000, making this a strong opportunity for anyone looking to capture instant equity. Whether you're planning a fix and flip or adding to your rental portfolio, the numbers make sense — recent rental income was $2,200/month, offering solid cash-flow in the highly desirable neighborhood of Martin Park. Rental demand in the area is strong, making this an ideal option for investors seeking steady, reliable returns. Featuring generous room sizes, a functional layout, and plenty of charm, this home can easily shine again. Bring your contractor and your imagination — the upside is undeniable. Seller offering a $5,000 Credit towards NEW Windows. Don’t miss your chance to own this cash flowing asset! Centrally located with easy access to Ferndale, Royal Oak, Downtown Detroit and major freeways.
Sold for $160,000
$160,000
16194 Princeton St, Detroit, MI 48221
4beds
2,132sqft
Single Family Residence
Built in 1927
3,920.4 Square Feet Lot
$161,900 Zestimate®
$75/sqft
$1,699 Estimated rent
Home value
$161,900
$149,000 - $176,000
$1,699/mo
Zestimate® history
Owner options
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$1,699/mo
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$1,699/mo
Rent Zestimate®
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$1,156/mo
Est. payment
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$1,156/mo
Est. payment
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List your homeWhat's special
Plenty of charmGenerous room sizesFunctional layout
Zillow last checked:
Listing updated:
Listed by:
Jim Shaffer 248-834-3030,
Good Company
Bought with:
Dominic Triveline
Real Broker, LLC
Source: Realcomp II,MLS#: 20261013188
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Entry
- Area: 99
- Dimensions: 11 X 9
Bedroom
- Level: Entry
- Area: 132
- Dimensions: 12 X 11
Bedroom
- Level: Second
- Area: 99
- Dimensions: 11 X 9
Bedroom
- Level: Second
- Area: 132
- Dimensions: 12 X 11
Other
- Level: Entry
- Area: 48
- Dimensions: 8 X 6
Other
- Level: Second
- Area: 54
- Dimensions: 9 X 6
Dining room
- Level: Entry
- Area: 169
- Dimensions: 13 X 13
Kitchen
- Level: Entry
- Area: 90
- Dimensions: 10 X 9
Library
- Level: Entry
- Area: 88
- Dimensions: 11 X 8
Living room
- Level: Entry
- Area: 208
- Dimensions: 16 X 13
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dryer, Free Standing Electric Oven, Microwave
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,132 sqft
- Finished area above ground: 2,132
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
- Entry location: GroundLevelwSteps
- Patio & porch: Porch
- Exterior features: Balcony, Lighting
- Pool features: None
Lot
- Size: 3,920 sqft
- Dimensions: 35 x 112
Details
- Parcel number: W12I011027S
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Basement, Brick Mortar
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Detroit
- Subdivision: MARTIN PARK
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,Va Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/14/2026 | Listing removed | $168,000$79/sqft |
Source:  Realcomp II #20261013188 Report a problem | ||
| 4/13/2026 | Listed for sale | $168,000+5%$79/sqft |
Source: Realcomp II #20261013188 Report a problem | ||
| 4/9/2026 | Sold | $160,000-4.8%$75/sqft |
Source: Realcomp II #20261013188 Report a problem | ||
| 3/30/2026 | Pending sale | $168,000$79/sqft |
Source: Realcomp II #20261013188 Report a problem | ||
| 3/27/2026 | Listed for sale | $168,000$79/sqft |
Source: Realcomp II #20261013188 Report a problem | ||
| 3/8/2026 | Pending sale | $168,000$79/sqft |
Source: Realcomp II #20261013190 Report a problem | ||
| 3/2/2026 | Listed for sale | $168,000$79/sqft |
Source: Realcomp II #20261013188 Report a problem | ||
| 3/2/2026 | Listing removed | $168,000$79/sqft |
Source: Realcomp II #20251054555 Report a problem | ||
| 11/17/2025 | Listed for sale | $168,000-1.1%$79/sqft |
Source: Realcomp II #20251054555 Report a problem | ||
| 11/17/2025 | Listing removed | $169,900$80/sqft |
Source: Realcomp II #20251050104 Report a problem | ||
| 11/7/2025 | Listed for sale | $169,900+3%$80/sqft |
Source: Realcomp II #20251050108 Report a problem | ||
| 6/24/2024 | Listing removed | -- |
Source: Realcomp II #20240034966 Report a problem | ||
| 5/6/2024 | Listed for sale | $165,000+773%$77/sqft |
Source: Realcomp II #20240029768 Report a problem | ||
| 1/29/2018 | Listing removed | $800 |
Source: Zillow Rental Manager Report a problem | ||
| 1/24/2018 | Listed for rent | $800+6.7% |
Source: Zillow Rental Manager Report a problem | ||
| 9/26/2017 | Listing removed | $750 |
Source: www.turbotenant.com Report a problem | ||
| 9/14/2017 | Listed for rent | $750 |
Source: www.turbotenant.com Report a problem | ||
| 3/9/2017 | Sold | $18,900+2277.4%$9/sqft |
Source: Public Record Report a problem | ||
| 12/16/2016 | Sold | $795-94.7% |
Source: Public Record Report a problem | ||
| 12/13/2007 | Sold | $15,000-88.6%$7/sqft |
Source: Public Record Report a problem | ||
| 1/9/2006 | Sold | $131,318-2.7%$62/sqft |
Source: Public Record Report a problem | ||
| 10/13/2005 | Sold | $135,000+22.7%$63/sqft |
Source: Public Record Report a problem | ||
| 4/2/2004 | Sold | $110,000$52/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $50,500 +27.2% |
| 2024 | -- | $39,700 +25.6% |
| 2023 | -- | $31,600 +30.6% |
| 2022 | -- | $24,200 +16.3% |
| 2021 | -- | $20,800 |
| 2020 | $2,016 +42.7% | $20,800 +37.7% |
| 2019 | $1,412 | $15,100 +21.8% |
| 2018 | $1,412 | $12,400 -0.8% |
| 2017 | -- | $12,500 -49.6% |
| 2016 | $2,026 | $24,800 +113.8% |
| 2015 | $2,026 +8.8% | $11,600 -37.7% |
| 2013 | $1,861 -8.1% | $18,612 -28% |
| 2010 | $2,026 | $25,833 -18% |
| 2009 | -- | $31,504 -14% |
| 2008 | -- | $36,632 |
| 2007 | -- | $36,632 +5.5% |
| 2005 | $181 | $34,722 +3% |
| 2004 | -- | $33,711 +149.4% |
| 2001 | $880 | $13,515 |
Find assessor info on the county website
Neighborhood: Martin Park
Nearby schools
GreatSchools rating
- 3/10Robeson Academy Malcolm X AcademyGrades: PK-8Distance: 4.1 mi
- 4/10Mumford High SchoolGrades: 9-12Distance: 1.9 mi
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Estimated market value
$161,900
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
$161,900
- Michigan
- Wayne County
- Detroit
- 48221
- Martin Park
- 16194 Princeton St
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