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.
Active
$62,500
16128 Dexter Ave, Detroit, MI 48221
2beds
864sqft
Est.:
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
- 27 days |
- 89 |
- 8 |
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#: 25058932
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
Estimated market value
$58,900
$55,000 - $62,000
$1,089/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Listed for sale | $62,500-16.7%$72/sqft |
Source: | ||
| 10/1/2025 | Listing removed | $75,000$87/sqft |
Source: | ||
| 6/30/2025 | Price change | $75,000-6.3%$87/sqft |
Source: | ||
| 5/27/2025 | Price change | $80,000-46.7%$93/sqft |
Source: | ||
| 4/11/2025 | Listed for sale | $150,000+582.4%$174/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax 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
- 2/10Robeson Academy Malcolm X AcademyGrades: PK-8Distance: 0.5 mi
- 2/10Mumford High SchoolGrades: 9-12Distance: 1.5 mi
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