16502 Lilac Street, Detroit, MI 48221

Detroit
Local realty services provided by:ERA Reardon Realty Great Lakes
16502 Lilac Street,Detroit, MI 48221
$129,000
  • 3 Beds
  • 1 Baths
  • 3,049 sq. ft.
  • Single family
  • Active
Listed by: priscilla wade
Office: worth clark realty
MLS#:26040806
Source:MI_MICHRIC

Price summary

  • Price:$129,000
  • Price per sq. ft.:$112.76

About this home

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.

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Home facts

  • Year built:1928
  • Subdivision & Development:The Garden Add
  • Listing ID #:26040806
  • Added:56 day(s) ago
  • Updated:October 01, 2026 at 04:40 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:5
  • Basement:Yes
  • Living area:3,049 sq. ft.

Heating and cooling

  • Heating:Forced Air, Hot Water

Structure and exterior

  • Year built:1928
  • Building area:3,049 sq. ft.
  • Lot area:0.07 Acres
  • Construction Materials:Brick, Vinyl Siding

Utilities

  • Water:Public

Finances and disclosures

  • Price:$129,000
  • Price per sq. ft.:$112.76
  • Tax amount:$3,284 (2025)

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