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  • $62,500

    16128 Dexter Ave, Detroit, MI 48221

    2beds
    864sqft
    : 
    Single Family Residence
    Built in 1942
    3,049.2 Square Feet Lot
    $58,900 Zestimate®
    $72/sqft
    $-- HOA

    What's special

    Desirable townhome-style layout
    Investor -friendly 2 bedroom, 1 bath townhome-style unit in the highly desirable University of Detroit / Liv6 area, perfect for buy-and-hold investors seeking stable cash flow and long-term upside. This property offers a proven rental track record, having last rented for $850/month, providing immediate confidence in income potential from day one. The townhome-style layout features living and kitchen areas on the main level with bedrooms tucked upstairs for privacy - an easy-to-rent floorplan that appeals to a wide range of tenants, including students, university staff, and local residents. Located near the University of Detroit and the Livernois "Liv6" corridor, this unit sits in a strong rental pocket with consistent demand and solid neighborhood fundamentals. What truly sets this opportunity apart is the ability to scale: the unit next door is also available for purchase (separately), allowing an investor to acquire two neighboring doors in one location. This creates operational efficiencies for management and maintenance, and positions the property well for future portfolio growth or resale to another investor. Whether you're adding to an existing portfolio or acquiring your first rental, this 2 bed / 1 bath townhome offers: " Proven rent history (last rented at $850/month) " Desirable townhome-style layout " Strong rental location near University of Detroit and Liv6 " Opportunity to purchase the adjacent unit renting for $900 Ideal for the investor focused on steady income, efficient operations, and a long-term hold in a demand-driven rental market.
    27 days
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    89
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    8
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    Zillow last checked: 8 hours ago

    Listing updated: November 18, 2025 at 01:55pm

    Listed by:

    Nathan Stull 313-268-3006,

    Prosperous Properties, LLC 248-432-6189

    Source: MichRIC,MLS#: 25058932MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: Upper
    • Area: 143
    • Dimensions: 11.00 x 13.00
    Bedroom 2
    • Area: 90
    • Dimensions: 9.00 x 10.00
    Bathroom 1
    • Level: Upper
    • Area: 35
    • Dimensions: 5.00 x 7.00
    Dining area
    • Level: Main
    • Area: 90
    • Dimensions: 9.00 x 10.00
    Kitchen
    • Level: Main
    • Area: 80
    • Dimensions: 8.00 x 10.00
    Living room
    • Level: Main
    • Area: 169
    • Dimensions: 13.00 x 13.00
    Heating
    • Forced Air
    Appliances
    • Laundry: In Basement
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 864
    • Total interior livable area: 864 sqft
    • Finished area below ground: 0

    Property

    Features
    • Stories: 2
    Lot
    • Size: 3,049.2 Square Feet
    • Dimensions: 28 x 114
    Details
    • Parcel number: 12010698.002L

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding, Brick
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1942

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $72/sqft
    • Tax assessed value: $7,422
    • Annual tax amount: $740
    • Date on market: 11/18/2025
    • Listing terms: Cash,FHA,VA Loan,Conventional
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    Estimated market value

    $58,900

    $55,000 - $62,000

    $1,089/mo

    Price history

    Price history
    DateEventPrice
    11/18/2025Listed for sale$62,500-16.7%$72/sqft
    Source: MichRIC #25058932 Report a problem
    10/1/2025Listing removed$75,000$87/sqft
    Source: Realcomp II #20250025227 Report a problem
    6/30/2025Price change$75,000-6.3%$87/sqft
    Source: Realcomp II #20250025227 Report a problem
    5/27/2025Price change$80,000-46.7%$93/sqft
    Source: Realcomp II #20250025227 Report a problem
    4/11/2025Listed for sale$150,000+582.4%$174/sqft
    Source: Realcomp II #20250025227 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024-- $15,500 +7.6%
    2023-- $14,400 +30.9%
    2022-- $11,000 +17%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $345/mo
    Principal & interest
    $242
    Property taxes
    $81
    Home insurance
    $22

      Climate risks

      Neighborhood: Martin Park

      Nearby schools

      GreatSchools rating

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