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$168,000
New Listing

16194 Princeton Street
Detroit City, MI 48221

For Sale|Multi Family|Active
4
Beds
2
Total Baths
2
Full Baths
2,132
SqFt
$79
/SqFt
1927
Built
Subdivision:
MARTIN PARK
County:
Wayne

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Call Now: 1-248-228-6711
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1-248-228-6711
16194 Princeton Street16194 Princeton Street16194 Princeton Street16194 Princeton Street
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Investor Special with NEZ Tax Incentives! Ready for the right visionary, this Multi-family offers the perfect canvas for simple updates or a full value-add project. A recent appraisal shows an ARV of $300,000, making this a strong opportunity for anyone looking to capture instant equity. Whether you're planning a fix and flip or adding to your rental portfolio, the numbers make sense — recent rental income was $2,200/month, offering solid cash-flow in the highly desirable neighborhood of Martin Park. Rental demand in the area is strong, making this an ideal option for investors seeking steady, reliable returns. Featuring generous room sizes, a functional layout, and plenty of charm, this home can easily shine again. Bring your contractor and your imagination — the upside is undeniable. Seller offering a $5,000 Credit towards NEW Windows. Don’t miss your chance to own this cash flowing asset! Centrally located with easy access to Ferndale, Royal Oak, Downtown Detroit and major freeways.

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Listing Snapshot
Price 
$168,000
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
2,132 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.09 Acres
Year Built 
1927
MLS® Number 
20261013190
Status 
Active
Property Tax 
$1,529
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
17 hours agoListing first seen on site
17 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.09
Cross Street 
McNichols & Livernois
Disclosures 
Projected Income, Taxes Not Homestead Exempt
Foundation 
Brick/Mortar
Levels 
Two
Pets 
Yes
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
2132
Style 
ColonialTudor
Water Source 
Public
Zoning 
Residential
Interior Features
Basement 
Unfinished
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
BrickWood Siding
Exterior 
BalconyLighting
Patio And Porch 
Porch
Pool Features 
None
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
MLS Area 
Area05043DetLivernoisI756GdRiver
Roads 
Paved
School District 
Detroit
Schools
School District
Detroit
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Good Company: [email protected]



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Neighborhood & Commute
Source: Walkscore
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