16917 MONICA St Detroit, MI 48221

Building Details

Year Built

1929

Listing office Munoz Realty Inc g***@gmail.com Show Phone

Listing date May 15, 2026

Source Elliman

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Investment Insights

Based on property information with market context.

This multifamily property is located within walking distance of Detroit Mercy University. The building features units with one bedroom, one bathroom, a kitchen, a dining room, and a living room. The property has been fully renovated and is 100% rented. Renovations include a new roof, new windows, new gutters, a new electrical system, new plumbing, new furnaces, and new hot water tanks. The kitchens have new cabinets and ceramic tile floors. The bathrooms have been totally renovated, and the bedrooms have new carpet. The walk score is 71, indicating the area is very walkable. The transit score is 50, indicating good transit options. The bike score is 46, indicating the area is somewhat bikeable.

Key Highlights

• Prime location within walking distance of Detroit Mercy University.
• Fully renovated with new roof, windows, gutters, electrical system, plumbing, furnaces, and hot water tanks.
• 100% rented, presenting an immediate income opportunity.

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FAQs

What type of property is this?

Apartment building - Fully renovated and rented multifamily property near Detroit Mercy University.

Where is this apartment building located?

The property is located at 16917 MONICA St Detroit, MI.

What is the asking price?

The asking price for this property is $345,000.

What are key features of this property?

This property features: Prime location within walking distance of Detroit Mercy University.; Fully renovated with new roof, windows, gutters, electrical system, plumbing, furnaces, and hot water tanks.; 100% rented, presenting an immediate income opportunity.