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    16810 Baylis St Detroit, MI 48221

    For Sale
    $499,999

    Common Entry Building - Detroit, MI

    Property size:
    5,352 SF
    Lot size:
    0.17 Acres
    Days on Market:
    58
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 16810 Baylis St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi-Family
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    5
    APN
    08010056
    Parking
    2
    Parking features
    Garage
    Basement Y/N
    1
    Size
    5,352 SF
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1927
    Year renovated
    2020
    Floors in Building
    2
    Building materials
    Brick
    Architectural style
    Other

    eXp Realty LLC (888) 501-7085 [email protected]

    Listing agent Chad Apap (248) 937-1337

    Listing date Oct 17, 2025

    MLS# 20251015492 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Income-Producing Apartment Building

    This fully updated, income-producing apartment building features five units, each currently occupied by reliable tenants who have been in place for approximately three years and wish to stay. The leases are month-to-month, offering flexibility for a new owner. Recent upgrades include energy-efficient appliances, a new furnace, and a new hot water tank. The property is located in an up-and-coming Detroit neighborhood and benefits from approximately 15 years remaining on the tax abatement. The building is situated on a lot of 0.17 acres and has a property size of 5352 square feet. The zoning is designated for multi-family use. Its location provides convenient access to expressways, being approximately 15 minutes from downtown Detroit and 20 minutes from Detroit Metro Airport. The property offers a cap rate of 8.5%.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1239104
    Latitude
    42.4151759

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    FAQs

    What type of property is this?
    Apartment building - Fully updated 5-unit apartment building in Detroit, great investment opportunity.
    Where is this apartment building located?
    The property is located at 16810 Baylis St Detroit, MI.
    What is the asking price?
    The asking price for this property is $499,999.
    What are key features of this property?
    This property features: - High 8.5% Cap Rate in Detroit Neighborhood; - Fully Updated 5-Unit Income-Producing Building; - Approximately 15 Years Remaining on Tax Abatement
    (248) 937-1337
    Request Owner's contact information
    16810 Baylis St Detroit, MI 48221
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    Detroit, MI 48221
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16810 Baylis St Detroit, MI 48221
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