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16126 Dexter Ave Detroit, MI 48221

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For Sale
$135,000

Investor-friendly townhome with proven rental history near University of Detroit.

Lot size:
0.11 Acres

Property Features for 16126 Dexter Ave

General Information

Property type
Investment
Standard status
Active
Lot size
0.11 Acres

Building Details

Year built
1942

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Listing Contact
Nathan Stull
Source: Elliman

Listing Agency: Prosperous Properties, LLC Listing Agent: Nathan Stull

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Two-Unit Townhome Near University

This two-unit townhome is located in the University of Detroit / Liv6 area. The property is suitable for buy-and-hold investors seeking stable cash flow. The townhome-style layout features living and kitchen areas on the main level, with bedrooms located upstairs. One unit is rented at $900, and the other was last rented for $850 per month. The property is located near the University of Detroit and the Livernois "Liv6" corridor, in a strong rental market. One unit has an attached 2-car garage. The adjacent unit is also being marketed separately, but acquiring the whole building as one transaction is recommended for operational efficiencies. This property is suited for investors focused on steady income and long-term hold in a demand-driven rental market.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

Location Insight

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City
Detroit
County
Wayne
State
Michigan
Longitude
-83.1358822
Latitude
42.4104511

FAQs

What type of property is this?
Duplex - Investor-friendly townhome with proven rental history near University of Detroit.
Where is this duplex located?
The property is located at 16126 Dexter Ave Detroit, MI.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: - Proven rental history with immediate income potential.; - Opportunity to acquire the entire building for operational efficiencies and future portfolio growth.; - Desirable townhome-style layout with living areas on the main level and bedrooms upstairs.
More about this property
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