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16502 Lilac Street, Detroit, MI 48221

$109,900
Sq. Ft. 1,144 Beds 3 Full Bath 1 Yr Built 1928
Excellent opportunity in a highly desirable Detroit area near the popular Livernois Avenue corridor! This income-producing property features an existing Section 8 tenant paying $1,275 per month, providing immediate rental income for the new owner. Conveniently located near shopping, restaurant's, entertainment, and nationhood amenities. Bonus Opportunity: the adjacent vacant lot at 16508 lilac St is also available for purchase at a discounted price when acquired with the home.

Excellent opportunity in a highly desirable Detroit area near the popular Livernois Avenue corridor! This income-producing property features an existing Section 8 tenant paying $1,275 per month, providing immediate rental income for the new owner. Conveniently located near shopping, restaurant’s, entertainment, and nationhood amenities. Bonus Opportunity: the adjacent vacant lot at 16508 lilac St is also available for purchase at a discounted price when acquired with the home.

Listing Info MLS# 26058057

Status
Active
Listed On
November 2, 2026
Days on Mkt
2 Days
Price
$109,900
Square Feet
1,144 Sq Ft
Bed
3 Bedrooms
Bath
1 Full / 0 Half
Type
Single Family Home
Style
Year Built
1928
Acres
0.07
Basement
Full
Garage
Has Garage: No
Interior
Exterior
City
Detroit, MI
Zip
48221
County
Wayne

School Information

District Detroit

Property Taxes and Assessment

Year 2025
Total Tax $3,284
Assessment $43,500

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Listing courtesy of Worth Clark Realty

IDX listing data provided by and Copyright © Ann Arbor Area Board of Realtors Multiple Listing Service.

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  • Testimonials

    • "Andy helped me buy my home in 2011 and helped me sell the same home in 2022. He was an amazing asset in both instances - knowledgable about the market, detail-oriented, and always a phone call away. He has a personal, individualized approach that makes you feel cared for and confident, even in this uncertain market. I cannot recommend him more highly!" - Whitney