$95,000

16191 Strathmoor Street, Detroit, MI 48235

  • 3 beds |
  • 1 bath |
  • 1,100 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon3,920sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $86/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

This beautifully renovated bungalow is a truly turnkey investment opportunity! Extensively remodeled on the interior in 2024, the home is currently tenant-occupied at $1,200 per month, providing immediate cash flow from day one with future upside through potential rent increases. The current tenant is up to date on rent, takes great care of the property, and would love to remain, offering added stability for the next owner. The home is professionally managed by a local property management company, giving buyers the option to continue management for a seamless transition or self-manage if preferred. Conveniently located on Detroit's west side with easy access to shopping, dining, major roadways, and public transportation, this is a solid, income-producing opportunity in Detroit's growing rental market. Subject to tenant's rights. Please do not disturb the tenant. No showings without an accepted offer. Photos were taken prior to tenant occupancy.

Listing Status:
Active
Date Added:
July 14, 2026
Data Last Updated:
July 21, 2026 at 7:45AM
Listing Office:
Real Broker, LLC Troy : 517-200-3245
Listing Agent:
Ryan Lonsway : 248-765-7691
MLS ID:
61011015
  • Basement: Unfinished
  • Heating: Natural GasForced Air
  • Style: Bungalow
  • Parking: Parking spaces: 0
  • General: Vinyl SidingOne and One HalfBasement
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Detroit City School District
  • County: Wayne
  • Zoning: W STRATHMOOR 44 CHAS ENGEL SUB L45 P64 PLATSW C R 22/47 35 X 111
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Ryan Lonsway , Real Broker, LLC Troy

Monthly Payment

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

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Location

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