Sold
Last Sold Price
28 beds22,412 sqft
16450 East 9 Mile Road, Eastpointe, MI 48021
Multi FamilyProperty Type
1.27 acresLot Size
1966Year Built
$103/sq ftPrice per sq ft
50 carsParking Spaces

Description

28 unit 100% occupied in 3 buildings. 8 units in the front building, 8 units in the middle building and 12 units in the back building. Batvai28 unit 100% occupied in 3 buildings. 8 units in the front building, 8 units in the middle building and 12 units in the back building. Batvai
  • Listed by: Behzad Bokani 248.284.3046 bokani@gmail.com Brokerage DRE #6505355395 • RE/MAX Dream Properties
Listing closed: 09/30/2022 12:00 AM • Source: Realcomp, MLS#: 20221034426

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Location

Listing Courtesy of RE/MAX Dream Properties

Sold By RE/MAX Dream Properties

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$14,659 per month

30 year fixed, 7.03% Interest

Principal and Interest

$12,279

Property Taxes

$2,381

HOA Dues

$0

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Property Information for 16450 East 9 Mile Road

Property Details
  • Taxes: $28,566 / year
  • MLS Type: Residential Income / Multi Family
  • Subdivision Name: CHUD & SOSKIN # 01
  • Architectural Style: Other
  • Waterfront: No
  • Zoning Description: Multi-Family
  • Senior Community: No
Building Information
  • Residences: 28
  • Year Built: 1966
  • Lot Size: 1.27 AC / 55,321 SF
Summary
Location and General Information
  • Directions: E 9 MILE RD
  • Latitude: 42.46411298
  • Longitude: -82.95087479
  • Cross Street: E 9 MILE RD
  • MLS Area Major: Eastpointe (50026)
Taxes and HOA
  • Parcel Number: 1431226001
  • Tax Amount Summer: $27,699.00
  • Tax Amount Winter: $867.00
  • Tax Annual Amount: $28,566.00
  • Tax Assessed Value: $344,458.00
  • Tax Legal Description: CHUD & SOSKIN SUB. NO. 1 LOT 55 LIBER 37, PAGE 44
  • Tax Other Annual Assessment Amount: $34.00
School Information
  • High School District: East Detroit
Parking
  • Parking Total: 50.0
Property
Lot Information
  • Lot Size Acres: 1.27
  • Lot Size Area: 1.27
  • Lot Size Dimensions: 165.00 x 336.00
  • Lot Size Units: Acres
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 542000.0
  • Living Area: 22412.0
  • Building Area Total: 22412.0
  • Above Grade Finished Area: 22412.0
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Total Area: 10000.0
  • Class Name: Residential Income
  • Living Area Source: Appraiser
  • New Construction: No
  • Year Built: 1966
Building Features
  • Construction Materials: Brick
  • Foundation Details: Basement, Poured
  • Levels: Two
  • Stories Total: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 28.0
  • Basement: Private Storage Locker, Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 28
  • Bathrooms Total Integer: 28
  • Has Cooling: No
  • Fireplace: No
  • Heating: Baseboard, Natural Gas
  • Has Heating: Yes
  • UnitOneBedNumberOf: 28
Multi Family
Multi Family Information
  • Number of Units Leased: 28
  • Number of Units Total: 28
  • Unit Records: 28
Income & Expenses
  • Gross Scheduled Income: $270,600.00
Unit Information
Unit 1
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Unit 2
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Unit 3
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Unit 4
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Unit 5
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Unit 6
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Unit 7
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Unit 8
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Unit 9
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Unit 10
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Unit 11
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Unit 12
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $22,550.00
  • Existing Lease: Yes
  • Pets Allowed: No
  • Rent Spree: No

Property History for 16450 East 9 Mile Road

DateEvent & SourcePriceAppreciation
Sep 30, 2022

Sold (Public Record)

Public Record #1527372034

$2,300,000

+3.1% / yr

Sep 30, 2022

Sold

Realcomp #20221034426

$2,300,000—
Sep 30, 2022

Sold

MiRealSource #60132563

$2,300,000—
DateEvent & SourcePrice
09/30/2022

Sold (Public Record)

Public Record #1527372034

$2,300,000

+3.1% / yr

09/30/2022

Sold

Realcomp #20221034426

$2,300,000
09/30/2022

Sold

MiRealSource #60132563

$2,300,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 16450 East 9 Mile Road

Taxable ValueLand-Additions-Total-
Tax Record2025$54,052 ($4,504 / month)
Home Facts
Total Finished SqFt20,464 SqFtAbove Grade Finished SqFt20,464 SqFtUnfinished Basement SqFt2,904 SqFtStories2Lot Size55,452 SqFtStyleMulti-Family Dwelling (2-4)Year Built1966Year Renovated1966ZoningRM-1CountyMACOMBAPN02-14-31-226-001

Schools near 16450 East 9 Mile Road

This home is within East Detroit Public Schools.
Rating
School
Type
Grades
Distance
Public - 3 to 5
Public - 6 to 7
Public - 8 to 12
Public - 6 to 12
Rating
School
Distance
Pleasantview Elementary School
Public3 to 5

Kelly Middle School
Public6 to 7

East Detroit High School
Public8 to 12

East Detroit Virtual Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Dream Properties

IDX provided courtesy of Realcomp II Ltd. via Compass and its related brokerages. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate properties on this website was last updated on 09/06/2023 09:53 AM PST