Address
16191 Strathmoor Street, Detroit, MI
Price
$ 95,000
Property Attributes
  • MLS#61011015
  • TypeSingle Family
  • Listing Status Active
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodCharles Engel
  • Zip48235
  • StyleBungalow
  • Year Built1940
  • Taxes$ 5575
  • Price$ 95,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1100
  • Lot Size0.09 Acres
Data Source:
MiRealSource (MIRS)
Property Description

This beautifully renovated bungalow is a truly turnkey investment opportunity! Extensively remodeled on the interior in 2024, the home is currently tenant-occupied at $1,200 per month, providing immediate cash flow from day one with future upside through potential rent increases. The current tenant is up to date on rent, takes great care of the property, and would love to remain, offering added stability for the next owner. The home is professionally managed by a local property management company, giving buyers the option to continue management for a seamless transition or self-manage if preferred. Conveniently located on Detroit's west side with easy access to shopping, dining, major roadways, and public transportation, this is a solid, income-producing opportunity in Detroit's growing rental market. Subject to tenant's rights. Please do not disturb the tenant. No showings without an accepted offer. Photos were taken prior to tenant occupancy.

Price History
7/14/2026 Listed $95,000

General Features

Heating Forced Air
Possession Subject To Tenant Rights
Water Public Water
Status Active
Full Baths 1
Bathrooms 1
Year Built 1940
Subdivision Charles Engel
Style Bungalow
County Wayne
Class RESIDENTIAL
Type Single Family
Ownership Private
Associated Document Count 2
Status Active
Subdivision MI
Sale/Rent For Sale
Manufactured Y/N No
Structure Style 1 1/2 Story
Subj to Short Sale Apprvl No
Home Warranty Y/N No
Area Detroit (82001)
Primary City Detroit
Directions SOUTH OF MCNICHOLS AND EAST OF HUBBELL
City Detroit
School District Detroit City School District
Lease Y/N Yes
Originating MLS RealComp
Source MLS MI Real Source
Financial Terms Cash,Conventional
Legal Description W STRATHMOOR 44 CHAS ENGEL SUB L45 P64 PLATS,W C R 22/47 35 X 111
DOM 65
Postal Code 48235
Price Per Sq Ft Total AG 86.36
Public Remarks This beautifully renovated bungalow is a truly turnkey investment opportunity! Extensively remodeled on the interior in 2024,the home is currently tenant-occupied at $1,200 per month

Interior Features

Basement Unfinished
Bedroom 3 Level Entry
Bedroom 1 Level Second
Bedroom 2 Level Entry
Bedroom 2 Width 10
Bedroom 3 Width 10
Bedroom 2 Length 10
Bedroom 3 Length 9
Beds 3
Fireplace? No
Total Rooms 4
Bedroom 1 Length 15
Bedroom 1 Width 12
Below Grade SqFt 724
Above Grade SqFt 1100
Basement Y/N Yes
Total SqFt Finished 1100
Bathroom 1 Length 6
Bathroom 1 Width 8

Exterior Features

Exterior Vinyl Siding
Frontage 35
Lot Size Area 0.09
Pool (Y/N) No
Lot Dimensions 35X111
Roads Paved Street
FOUNDATION TYPE Basement
Waterfront Y/N No
Garage Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 48235

Price
AVG $130K
$100K
Taxes
AVG $2,873
$5,575
Year Built
AVG 1943
1940
Visits
AVG 179
32
Data Provided by Inside Real Estate®

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