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$ 135,000
Est. payment /mo
Active
16126 Dexter AVE Detroit, MI 48221
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 81025058948
Year Built 1942
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type MultiFamily
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.
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.
Location
State MI
County Wayne
Area Area05043Detlivernoisi756Gdriver
Rooms
Basement Full
Interior
Heating ForcedAir, NaturalGas
Fireplace No
Exterior
Utilities Available ElectricityConnected, NaturalGasConnected
View Y/N No
Building
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
©2025 Realcomp II Ltd. Shareholders
Listed by Nathan Stull of Prosperous Properties, LLC
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