$135,000

16126 Dexter Avenue, Detroit, MI 48221

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1942
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Investor -friendly 2 bedroom, 1 bath townhome-style units 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 one unit rented at $900 and the other 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 scale: the unit next door is currently being marketed as a separate unit, though acquiring the whole building as one transaction is the way to go. 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 two unit 2 bed / 1 bath townhome offers: " Proven rent history " Desirable townhome-style layout " Strong rental location near University of Detroit and Liv6 " One unit has an attached 2 car garage Ideal for the investor focused on steady income, efficient operations, and a long-term hold in a demand-driven rental market.

Listing Status:
Active
Date Added:
November 18, 2025 at 06:00AM
Listing Office:
Prosperous Properties, LLC : 248-432-6189
Listing Agent:
Nathan Stull : 313-268-3006
MLS ID:
25058948
  • Basement: Full
  • Heating: Forced Air
  • Parking: Parking spaces: 3
  • General: Aluminum SidingBrick
  • Originating MLS: Michigan Regional Information Center (MichRIC)
  • School District: Detroit
  • County: Wayne
  • Zoning: E DEXTER 98 S 2 FT 99 JEROME SUB L35 P23 PLATSWCR 12/250 42 X 114.43A12010698.001
  • Utilities: Natural Gas ConnectedElectricity ConnectedCable Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: Michigan Regional Information Center (MichRIC)

This listing courtesy of Nathan Stull, Prosperous Properties, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Thurgood Marshall-Elementary School

15531 Linwood St, Detroit, MI, 48238

Grades PK-8

0.51 miles away

T

Thurgood Marshall-Elementary School

15531 Linwood St, Detroit, MI, 48238

Grades PK-8

0.51 miles away

T

The School at Marygrove

8425 W McNichols Rd, Detroit, MI, 48221

Grades 9-12

1.01 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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