Sold
Last Sold Price
972 sqft

16502 East 8 Mile Road, Detroit, MI 48205

Multi FamilyProperty Type
0.14 acresLot Size
1950Year Built
$39/sq ftPrice per sq ft

Description

Very nice Brick Duplex with great income potential. 1 Bedroom each with full basement. Hardwood floors in both units are rented with 1 becoming vacant on October 1, 2016. Stove, Refrigerator, Washer and Dryer stay in both units. Close to Shopping, I-94 and Public Transportation. Fenced in backyard and separate driveways. Rent per unit $550.00 plus all utilities. Great investment opportunity in Detroit. Sale includes both 16500 and 16502. Seller will sell two more duplexes 16414 and 16418 as well...Very nice Brick Duplex with great income potential. 1 Bedroom each with full basement. Hardwood floors in both units are rented with 1 becoming vacant on October 1, 2016. Stove, Refrigerator, Washer and Dryer stay in both units. Close to Shopping, I-94 and Public Transportation. Fenced in backyard and separate driveways. Rent per unit $550.00 plus all utilities. Great investment opportunity in Detroit. Sale includes both 16500 and 16502. Seller will sell two more duplexes 16414 and 16418 as well as 16500 and 16502 for $120,000.
  • Listed by: Maria Little 313.300.7905 mariaclittle@gmail.com • Coldwell Banker Professionals-GPF
Listing closed: 01/13/2017 12:00 AM • Source: MiRealSource, MLS#: 21208470
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Location

Listing Courtesy of Coldwell Banker Professionals-GPF

Sold By LPS

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Payment Calculator

$411 per month

30 year fixed, 7.03% Interest

Principal and Interest

$200

Property Taxes

$211

HOA Dues

$0

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Property Information for 16502 East 8 Mile Road

Property Details

  • Taxes: $2,531 / year
  • MLS Type: Residential Income / Multi Family
  • County: Wayne County
  • Architectural Style: 1 Story
  • Subdivision Name: TEPPERTS GOLF PARK (PLATS)
  • Has Waterfront: No
  • Zoning Description: Residential

Building Information

  • Stories: 1
  • Residences: 2
  • Year Built: 1950
  • Lot Size: 0.14 AC / 6,098 SF

Summary

Location and General Information
  • Cross Street: Carlisle
  • Directions: North of Carlisle; West of Kelly Rd.
  • Latitude: 42.449908
  • Longitude: -82.949262
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W21I027898C9
  • Tax Annual Amount: $2,531.00

Property

Lot Information
  • Lot Size Acres: 0.14
  • Road Surface Type: Paved
Property and Assessments
  • Above Grade Finished Area: 972.0
  • Building Area Total: 972.0
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1950
Building Features
  • Construction Materials: Brick
  • Total Stories: 1
Utilities
  • Utilities: Natural Gas Available, Cable Available, Sewer Available
  • Water Source: Public

Interior and Exterior Features

Exterior Features
  • Patio And Porch Features: Porch
Interior Features
  • Appliances: Gas Water Heater
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Water Heater: Gas

Multi Family

Multi Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Net Operating Income: $9,000

Property History for 16502 East 8 Mile Road

DateEvent & SourcePriceAppreciation
Jan 13, 2017

Sold

MiRealSource #21208470

$37,500—
Jan 1, 2017

Contract Signed

MiRealSource #21208470

—
Dec 28, 2016

Listed (Active)

MiRealSource #21208470

$49,000—
DateEvent & SourcePrice
01/13/2017

Sold

MiRealSource #21208470

$37,500
01/01/2017

Contract Signed

MiRealSource #21208470

—
12/28/2016

Listed (Active)

MiRealSource #21208470

$49,000

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

Public records

16502 East 8 Mile Road

Baths

2

Total Finished SqFt

972 SqFt

Above Grade Finished SqFt

972 SqFt

Stories

1

Lot Size

6,098 SqFt

Style

Duplex

Schools near 16502 East 8 Mile Road

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 8
Public - PK to 12
Rating
School
Distance
Bates Academy
PublicPK to 8

Fisher Magnet
PublicPK to 8

Detroit International Academy For Young Women
PublicPK 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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Listing Courtesy of Coldwell Banker Professionals-GPF

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.