$169,000
16549 Washburn Street
Detroit, MI, 48221
***Tenant occupied at $2,050 per month with over $16,000 in annual net operating income*** Located in Fitzgerald just blocks from the Marygrove campus and future $180 million headquarters of the Kresge Foundation, this fully renovated Tudor Revival blends historic charm with thoughtful updates inside and out. Three bedrooms and one and a half bathrooms are complemented by new flooring, refinished original hardwoods, and a striking mantel fireplace. The home offers both a formal dining room and a cozy breakfast nook, while the kitchen shines with brand-new cabinetry, modern fixtures, and new appliances. Newer windows and a brand-new roof provide lasting durability while enhancing energy efficiency. Outside, restored half-timbering and a newly revived exterior finish showcase timeless craftsmanship, and two private outdoor balconies with a privacy fence make the home as welcoming outdoors as it is inside. Motivated seller will consider all reasonable offers. Property is tenant-occupied with existing lease.
Property Details
Price:
$169,000
MLS #:
20261050553
Status:
Active
Beds:
3
Baths:
1.5
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Jul 2, 2026
Finished Sq Ft:
1,555
Total Sq Ft:
1,555
Lot Size:
3,920 sqft / 0.09 acres (approx)
Year Built:
1938
Schools
School District:
Detroit
Interior
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Heating
Forced Air
Exterior
Construction Materials
Brick
Exterior Features
Deck(s), Porch(es)
Roof
Asphalt
Stories
2
Financial
Taxes
$5,496
Mortgage Calculator
Map
Current real estate data for Single Family in Detroit as of Nov 02, 2026
3,929
Single Family Listed
138
Avg DOM
84
Avg $ / SqFt
$152,901
Avg List Price
Community
- Address16549 Washburn Street Detroit MI
- CityDetroit
- CountyWayne
- Zip Code48221
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Property Summary
- 16549 Washburn Street Detroit MI is a Single Family for sale in Detroit, MI, 48221. It is listed for $169,000 and features 3 beds, 2 baths, and has approximately 1,555 square feet of living space, and was originally constructed in 1938. The current price per square foot is $109. The average price per square foot for Single Family listings in Detroit is $84. The average listing price for Single Family in Detroit is $152,901.

16549 Washburn Street
Detroit, MI

