16242 Cheyenne Street, Detroit, MI 48235

Detroit
Local realty services provided by:ERA Prime Real Estate Group
16242 Cheyenne Street,Detroit, MI 48235
$100,000
  • 3 Beds
  • 1 Baths
  • 1,718 sq. ft.
  • Single family
  • Active
Listed by: taylor johnson
Office: keller williams advantage
MLS#:20261078802
Source:MI_REALCOMP

Price summary

  • Price:$100,000
  • Price per sq. ft.:$58.21

About this home

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.

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Home facts

  • Year built:1929
  • Subdivision & Development:MONNIER-PURITAN
  • Listing ID #:20261078802
  • Added:1 day(s) ago
  • Updated:October 06, 2026 at 08:02 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:5
  • Basement Description:Full, Unfinished
  • Living area:1,718 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1929
  • Building area:1,718 sq. ft.
  • Lot area:0.08 Acres
  • Architectural Style:Colonial
  • Construction Materials:Brick, Vinyl Siding
  • Exterior Features:Porch
  • Foundation Description:Basement, Block
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$100,000
  • Price per sq. ft.:$58.21
  • Tax amount:$2,749

Features and amenities

  • Appliances:Free Standing Gas Range, Free Standing Refrigerator

Parking

  • Parking description:No Garage
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