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3 Beds
2 Baths
1,555 sqft

$169,000

16549 Washburn Street, Detroit MI, 48221 2842

Price per sqft$108.68
Built in1938
Property size1,555 sqft
Property typeResidential

Overview

Active

Listed Jul 2, 2026

Updated 8 days ago

***Tenant occupied at $2,050 per month with over $16,000 in annual net operating income*** Located in Fitzgerald just blocks from the Marygrove campus and future $180 million headquarters of the Kresge Foundation, this fully renovated Tudor Revival blends historic charm with thoughtful updates inside and out. Three bedrooms and one and a half bathrooms are complemented by new flooring, refinished original hardwoods, and a striking mantel fireplace. The home offers both a formal dining room and a cozy breakfast nook, while the kitchen shines with brand-new cabinetry, modern fixtures, and new appliances. Newer windows and a brand-new roof provide lasting durability while enhancing energy efficiency. Outside, restored half-timbering and a newly revived exterior finish showcase timeless craftsmanship, and two private outdoor balconies with a privacy fence make the home as welcoming outdoors as it is inside. Motivated seller will consider all reasonable offers. Property is tenant-occupied with existing lease through Fall 2027

$1,124/mo

Est. mortgage payment based on a $169,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
61007890

Interior Features

Bedrooms
3
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Taxes
$5,496
Tax Frequency
Annually
MLS provider logo

Listed by Casey Ahlbrandt Rains with Douglas Rose Realty
Listing Contact: 734-263-8142 

Based on information originating from the MiRealSource as of 10/3/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

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Data last updated on 10/3/2026 at 5:32 AM UTC

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