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.
For sale
$230,000
16241 E Seven Mile Rd, Detroit, MI 48205
4beds
2,546sqft
Multi Family
Built in 1954
-- sqft lot
$-- Zestimate®
$90/sqft
$-- HOA
What's special
- 175 days
- 73
- 5
Zillow last checked:
Listing updated:
Listed by:
Gregory White 313-456-9898,
Imagine Home Realty 313-456-9898
Source: Realcomp II,MLS#: 20261026758
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Hot Water, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,546 sqft
- Finished area above ground: 2,546
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 5,227 Square Feet
- Dimensions: 60 x 100
Details
- Parcel number: W21I021324C5
- Zoning description: MultiFamily
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: AVALON HEIGHTS
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $90/sqft
- Tax assessed value: $57,700
- Annual tax amount: $6,511
- Date on market: 4/20/2026
- Cumulative days on market: 175 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,157/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Listed for sale | $230,000+35.3%$90/sqft |
Source:  Realcomp II #20261026758 Report a problem | ||
| 11/18/2024 | Sold | $170,000$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $46,800 +23.5% |
| 2024 | -- | $37,900 +0.5% |
| 2023 | -- | $37,700 +48.4% |
| 2022 | -- | $25,400 +18.1% |
| 2021 | -- | $21,500 |
| 2020 | $972 -5.2% | $21,500 +3.4% |
| 2019 | $1,026 | $20,800 +7.8% |
| 2018 | $1,026 | $19,300 -9.8% |
| 2017 | -- | $21,400 +137.8% |
| 2016 | $1,568 | $9,000 |
| 2015 | $1,568 +25.1% | $9,000 -28.2% |
| 2013 | $1,254 -20% | $12,542 -31.8% |
| 2010 | $1,568 | $18,388 -12% |
| 2009 | -- | $20,896 -13.5% |
| 2008 | -- | $24,157 |
| 2007 | -- | $24,157 +5.5% |
| 2005 | $267 | $22,898 +3% |
| 2004 | -- | $22,231 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Regent Park
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