$139,000
16502 Lilac Street
Detroit, MI, 48221
The property currently generates $1,275/month in rental income, offering an investor the opportunity to purchase a tenant-occupied property with an established rental arrangement. Optionable lot Available – The adjacent lot at 16508 Lilac ST is also available for purchase for $6,500-The buyer has the option to purchase the lot separately or in addition tp 16502 Lilac St, providing an opportunity to acquire additional land next to the investment property.
Property Details
Price:
$139,000
MLS #:
26040806
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
The Garden Add
Listed Date:
Aug 5, 2026
Finished Sq Ft:
3,049
Total Sq Ft:
1,144
Lot Size:
3,049 sqft / 0.07 acres (approx)
Year Built:
1928
Schools
School District:
Detroit
Interior
Bathrooms
1 Full Bathroom
Below Grade Finished Area
572
Flooring
Wood
Heating
Forced Air
Laundry Features
In Basement
Exterior
Construction Materials
Brick, Vinyl Siding
Stories
2
Financial
Tax Year
2025
Taxes
$3,284
Mortgage Calculator
Map
Current real estate data for Single Family in Detroit as of Aug 14, 2026
3,932
Single Family Listed
130
Avg DOM
84
Avg $ / SqFt
$148,745
Avg List Price
Community
- Address16502 Lilac Street Detroit MI
- SubdivisionThe Garden Add
- CityDetroit
- CountyWayne
- Zip Code48221
Subdivisions in Detroit
- A W Chase Lincoln Highway Sub.
- ARDENWOOD
- ARTHUR J SCULLYS VOGT FARM NO 1
- Authur J Scullys Vogt Farms Sub
- B E TAYLORS SOUTHLAWN SUB NO 3 PLATS
- BERNART & FISCHERS SUB
- Berry Park
- BONAPARTE PARK PLATS
- Boston Blvd
- Boston Edison
- Boston-Edison
- CENTER TOWN AND CARRIAGE HOMES NORTH
- COLLEGE VIEW
- COOPERS LEIGH G CADIEUX SEVEN
- DET ROYAL GARDENS PLATS
- Detroit City
- Detroit Golf
- DORANS LA SALLE BLVD ANNEX PLATS
- EAST DETROIT DEVELOPMENT COS NO 1
- Eastern Heights Land Companys Sub 1
- Eastern Heights Land Cos Sub
- EDISON HEIGHTS
- Elmwood Park Urban Renewal Plat 1
- EMERSON MANOR PLATS
- ENGEL CHARLES NO 1
- FRISCHKORNS ESTATES PLATS
- Frischkorns Grand Dale 5
- GEO G EPSTEANS SEVEN MILE BLVD SUB PLATS
- GEO W RENCHARDS COLLEGEDALE SUB PLATS
- Graceland Subdivision
- GRAND PARK PLATS
- Grandmont
- Greenwich Park 1
- GREENWICH PARK SUB
- Grosse Pointe City
- Grosse Pointe Farms City
- Groveland
- Hamtramck City
- Harrah & Sosnowskis Hamtramck
- HENDRIES
- Highland Park City
- HITCHMANS LITTLE FARMS
- Howell-Mack Euclid Ave Sub
- Lahser Ave Super
- LEBOTS
- LINWOOD PARK SUB PLATS
- Log Cabin Heights subdivision
- Lothrop Est Co Ltd Lots 135 thru 184
- Lyndale Sub
- Marygrove Drive
- Mc Laughlin Bros
- MONNIER HEIGHTS THOS W WARDS
- Northville City
- Palmer Blvd Estates
- Parkers Resub
- Pingree Park
- PLUMERS SUB PLATS
- Plymouth
- Rosedale Park
- ROSEDALE PARK PLATS
- Rosedale Park Sub No. 9
- Roseland Park
- Rosemary Seven Mile Dr Plats
- Rouge Park Sub
- Russell Woods
- Russell Woods Subdivision
- Shorepointe Village
- Skrzycki Konczal
- Southfield gate
- SOUTHFIELD WOODS PLATS
- St Peter & Paul Sub 1
- SUNBEAM HEIGHTS
- Sunset Manor
- The Partner Land Subdivision
- The Partners Land Subdivision
- Voigt Park Sub
- WARRENDALE PARKSIDE PLATS
- Wayne City
- WAYNE CTY CONDO 435CAMPAU FARMS IN ELMWOOD PARK
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Property Summary
- Located in the The Garden Add subdivision, 16502 Lilac Street Detroit MI is a Single Family for sale in Detroit, MI, 48221. It is listed for $139,000 and features 3 beds, 1 baths, and has approximately 3,049 square feet of living space, and was originally constructed in 1928. The current price per square foot is $46. The average price per square foot for Single Family listings in Detroit is $84. The average listing price for Single Family in Detroit is $148,745.
16502 Lilac Street
Detroit, MI