These two multifamily properties offer strong investment potential with diverse rental opportunities. 16217 Greenfield Road features six units across two stories, with an average unit size of 673 square feet and a 67% occupancy rate. The mix of one- and two-bedroom units appeals to various tenants. 16225 Greenfield Road, with 26 units averaging 586 square feet, includes studios, one-bedroom, and two-bedroom units, with rents ranging from $650 to $900. Both properties offer competitive pricing and a variety of unit types, making them ideal for investors seeking to capitalize on the demand for affordable rental housing.
Property Details
Price:
$1,400,000
MLS #:
81025023572
Status:
Active
Beds:
0
Baths:
0
Address:
16225 Greenfield Road
Type:
Single Family
Subtype:
Multi Family
Neighborhood:
05033 – Det – Schcraft-6 Grnfld-Limits
City:
Detroit
Listed Date:
May 22, 2025
State:
MI
ZIP:
48235
Lot Size:
1,108,122,840 sqft / 0.58 acres (approx)
Year Built:
1966
See this Listing
Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…
More About AndreaMortgage Calculator
Schools
School District:
Detroit
Interior
Cooling
Central Air
Heating
Forced Air, Natural Gas
Laundry Features
Laundry Room
Exterior
Construction Materials
Brick
Parking Spots
32
Financial
Taxes
$34,924
Map
Community
- Address16225 Greenfield Road Detroit MI
- CityDetroit
- CountyWayne
- Zip Code48235
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16225 Greenfield Road
Detroit, MI
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