$62,500
Detroit, MI 48221
MLS# 25058932
Status: Pending
2 beds | 1 baths | 864 sqft

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Property Description
Investor
Details
Maps
Location & Property Info
Cross Streets: Puritan & Dexter
Property Sub-Type: Single Family Residence
Area: Wayne County - 100
Municipality: Detroit City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 72.34
Ownership Type: Private Owned
General Property Info
New Construction: No
Lot Dimensions: 28 x 114
Road Frontage: 28
Garage Y/N: No
Waterfront: No
Income Property: Yes
Basement: Yes
Total Rooms AG: 6
Total Fin SqFt All Levels: 864
SqFt Above Grade: 864
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 0
Building Total SqFt: 864
Total Beds Above Grade: 2
Main Level Primary: No
Stories: 2
School District: Detroit
Association YN: No
Lot Measurement: Acres
Lot Acres: 0.07
Lot Square Footage: 3049
Year Built: 1942
Total Bedrooms: 2
Full Baths: 1
Total Baths: 1
Tax Info
Taxable Value: 7422
SEV: 24100
For Tax Year: 2025
Seller's Annual Property Tax: 740
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: None
Tax ID #: 12010698.002L
Remarks & Misc
Public Remarks: Investor
Legal: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2023. E DEXTER N 28 FT OF S 30 FT 99 JEROME SUB L35 P23 PLATS, W C R 12/250 28 X 114.43A
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Laundry Features
In Basement: 1
Exterior Material
Aluminum Siding: 1
Brick: 1
Roofing
Asphalt: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Upper Rooms
Upper Bedrooms: 2
Upper Full Baths: 1
Upper Level Square Feet: 432
Total Baths Above Grade: 1
Main Rooms
Main Level SQFT: 432
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Basement Rooms
Basement Finished SQFT: 0
Total Basement SQFT: 432
Substructure
Full: 1
Architectural Style
Townhouse: 1
Location Property Info
County: Wayne
Street #: 16128
Street Name: Dexter
Suffix: Avenue
State: MI
Zip Code: 48221
Zip (4): 3002
OfficeContract Info
Status: Pending
List Price: $62,500
Current Price: $62,500
Listing Date: 2025-11-18
Remarks Misc
Directions: Puritan to Dexter
Status Change Info
Under Contract Date: 2026-03-13
Property Features
Laundry Features: In Basement
Exterior Material: Aluminum Siding; Brick
Roofing: Asphalt
Substructure: Full
Sewer: Public Sewer
Water: Public
Heat Source: Natural Gas
Heat Type: Forced Air
Architectural Style: Townhouse
Terms Available: Cash; Conventional; FHA; VA Loan
Sale Conditions: None
Supplements
-friendly 2 bedroom, 1 bath townhome-style unit in the highly desirable University of Detroit / Liv6 area, perfect for buy-and-hold investors seeking stable cash flow and long-term upside. This property offers a proven rental track record, having last rented for $850/month, providing immediate confidence in income potential from day one.
The townhome-style layout features living and kitchen areas on the main level with bedrooms tucked upstairs for privacy - an easy-to-rent floorplan that appeals to a wide range of tenants, including students, university staff, and local residents. Located near the University of Detroit and the Livernois "Liv6" corridor, this unit sits in a strong rental pocket with consistent demand and solid neighborhood fundamentals.
What truly sets this opportunity apart is the ability to scale: the unit next door is also available for purchase (separately), allowing an investor to acquire two neighboring doors in one location. This creates operational efficiencies for management and maintenance, and positions the property well for future portfolio growth or resale to another investor.
Whether you're adding to an existing portfolio or acquiring your first rental, this 2 bed / 1 bath townhome offers:
" Proven rent history (last rented at $850/month)
" Desirable townhome-style layout
" Strong rental location near University of Detroit and Liv6
" Opportunity to purchase the adjacent unit renting for $900
Ideal for the investor focused on steady income, efficient operations, and a long-term hold in a demand-driven rental market.
Room Information
| Room Name | Length | Length | Width | Level | Width |
| Living Room | 13.00 | 13.00 | 13.00 | Main | 13.00 |
| Dining Area | 9.00 | 9.00 | 10.00 | Main | 10.00 |
| Kitchen | 8.00 | 8.00 | 10.00 | Main | 10.00 |
| Bathroom 1 | 5.00 | 5.00 | 7.00 | Upper | 7.00 |
| Primary Bedroom | 11.00 | 11.00 | 13.00 | Upper | 13.00 |
| Bedroom 2 | 9.00 | 9.00 | 10.00 | 10.00 |
Listing Office: Prosperous Properties, LLC
Listing Agent: Nathan Stull
Last Updated: March - 16 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
