Vacant Multifamily
New
For Sale
$219,900
16253 Kentucky St, Detroit, MI 48221
No tenants or existing leases are in place at the time of sale.
Property Size3,013 SF
Days on Market7
Property Features for 16253 Kentucky St
General Information
Standard status
Active
Size
3,013 SF
Property subtype
Investment
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$11,738
Building Details
Building Size
3,013 SF
Year Built
1928
Units
2
Listed By:
Jonnita Cotton-Stanton
(313) 478-5938
Source:
Elliman
Added: Sep 20
Changed: Sep 21
Last Checked: Sep 26 at 11:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jonnita Cotton-Stanton
Investment Insights
Based on property information with market context.
This multifamily property was built in 1928 and is currently vacant. The building has no inherited tenants or existing leases, providing a clear starting point for a new ownership plan.
The property is located at 16253 Kentucky St in Detroit’s 48221 area, near the University of Detroit Mercy, Marygrove Conservancy, and the Livernois/Avenue of Fashion corridor. Walk Score is 74, rated Very Walkable; BikeScore is 49, rated Somewhat Bikeable; and Transit Score is 50, rated Good Transit.
The property is located at 16253 Kentucky St in Detroit’s 48221 area, near the University of Detroit Mercy, Marygrove Conservancy, and the Livernois/Avenue of Fashion corridor. Walk Score is 74, rated Very Walkable; BikeScore is 49, rated Somewhat Bikeable; and Transit Score is 50, rated Good Transit.
Key Highlights
- Vacant multifamily property with no existing tenants or leases
- Built in 1928
- Located at 16253 Kentucky St, Detroit, MI 48221
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
569
Businesses Nearby
Explore this area
Business Placement
Demographics for 48221, MI
38,204
Population
17,452
Households
2.2
Avg Household Size
38
Median Age
29%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
7,347
Density / Sq Mi
$55,583
Median Household Income
$37,019
Median Earnings
$1,174
Median Rent
$138,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - No tenants or existing leases are in place at the time of sale.
Where is this multifamily property located?
The property is located at 16253 Kentucky St Detroit, MI.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Vacant multifamily property with no existing tenants or leases; Built in 1928; Located at 16253 Kentucky St, Detroit, MI 48221
