$230,000
16241 E 7 Mile Road
Detroit, MI, 48205
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 Details
Price:
$230,000
MLS #:
20261026758
Status:
Active
Beds:
0
Baths:
2.5
Type:
Single Family
Listed Date:
Apr 20, 2026
Lot Size:
5,227 sqft / 0.12 acres (approx)
Year Built:
1954
Schools
School District:
Detroit
Interior
Heating
Hot Water
Exterior
Construction Materials
Brick
Financial
Taxes
$6,511
Mortgage Calculator
Map
Current real estate data for Single Family in Detroit as of Oct 31, 2026
4,016
Single Family Listed
138
Avg DOM
84
Avg $ / SqFt
$152,628
Avg List Price
Community
- Address16241 E 7 Mile Road Detroit MI
- CityDetroit
- CountyWayne
- Zip Code48205
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- ARDENWOOD
- Arthur Meyer Estate Subdivision
- Authur J Scullys Vogt Farms Sub
- B E TAYLORS SOUTHLAWN SUB NO 3 PLATS
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- BartonMcFarland
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- Birwood Sub
- Blackstone Park
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- FRISCHKORNS GRAND-DALE SUB
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- GEO G EPSTEANS SEVEN MILE BLVD SUB PLATS
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- State Fair-Nolan
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- The Partner Land Subdivision
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- Town Square Cooperative
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- Wayne City
- Wayne county condo Plan 919 Garden Lofts
- Wayne County Condo Sub Plan 687 L37283 P83-127
- WAYNE CTY CONDO 435CAMPAU FARMS IN ELMWOOD PARK
- WD MARTIN & FAIRCHILDS
- WEST WARREN PARK
- Wildemere
- Woodbridge
- WOODLAND PLATS
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Property Summary
- 16241 E 7 Mile Road Detroit MI is a Single Family for sale in Detroit, MI, 48205. It is listed for $230,000 and features 0 beds, 3 baths, and has approximately 0 square feet of living space, and was originally constructed in 1954. The average price per square foot for Single Family listings in Detroit is $84. The average listing price for Single Family in Detroit is $152,628.
16241 E 7 Mile Road
Detroit, MI