16242 Cheyenne Street
Detroit, MI, 48235
$100,000
3 Beds
1 Baths
1,718 SqFt
0.08 Acres
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$100,000
16242 Cheyenne Street
Detroit, MI, 48235
MLS #20261078802 image #0
INVESTMENT OPPORTUNITY IN HARMONY VILLAGE! This well-maintained two-story Colonial, featuring a brick and vinyl siding exterior, offers an opportunity for an investor looking for an income-producing property with property management already in place. The property is currently tenant occupied on a month-to-month lease agreement, with the tenant preference to stay. Current rental income is $1,250 per month, and managed by a professional property management company. Located in Harmony Village, north of Puritan and west of Meyers, the property is conveniently situated near Renaissance High School, Cornerstone Adams-Young Elementary, DMC Sinai-Grace Hospital, shopping, dining, transportation, and other everyday conveniences. Recent improvements completed in 2025 included: renovated kitchen and bathroom and replacement of the main sewer line with a backflow preventer. The property is rent-ready and move-in ready, offering the opportunity to purchase a turnkey investment.

Property Details

Price:
$100,000
MLS #:
20261078802
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Oct 6, 2026
Finished Sq Ft:
1,718
Total Sq Ft:
1,123
Lot Size:
3,485 sqft / 0.08 acres (approx)
Year Built:
1929
Detroit

Schools

School District:
Detroit

Interior

Appliances
Refrigerator, Range
Bathrooms
1 Full Bathroom
Heating
Forced Air

Exterior

Construction Materials
Brick, Vinyl Siding
Exterior Features
Fenced Back, Porch(es)
Stories
2

Financial

Taxes
$2,749
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Current real estate data for Single Family in Detroit as of Nov 02, 2026
3,934
Single Family Listed
137
Avg DOM
84
Avg $ / SqFt
$152,816
Avg List Price

Community

Subdivisions in Detroit

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Property Summary

    16242 Cheyenne Street Detroit MI is a Single Family for sale in Detroit, MI, 48235. It is listed for $100,000 and features 3 beds, 1 baths, and has approximately 1,718 square feet of living space, and was originally constructed in 1929. The current price per square foot is $58. The average price per square foot for Single Family listings in Detroit is $84. The average listing price for Single Family in Detroit is $152,816.
16242 Cheyenne Street
Detroit, MI

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