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Listed price in listed location currency (USD).
$168,000

420

MLS® 20251054565

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2132 sqft
Garage No
Taxes $1,529
Days Active 63
Lot Size 0.09 acres
Approx. Age 1927
Avg. Price Per Sqft $78
MLS® Number 20251054565

Property Address: 16194 Princeton St, Detroit, MI, 48221-3142

Average square foot calculated using Size range provided by listing agent.

Description

Investor Special with NEZ Tax Incentives! Ready for the right visionary, this Multi-family offers the perfect canvas for simple updates or a full value-add project. A recent appraisal shows an ARV of $300, 000, making this a strong opportunity for anyone looking to capture instant equity. Whether you're planning a fix and flip or adding to your rental portfolio, the numbers make sense — recent rental income was $2, 200/month, offering solid cash-flow in the highly desirable neighborhood of Martin Park. Rental demand in the area is strong, making this an ideal option for investors seeking steady, reliable returns. Featuring generous room sizes, a functional layout, and plenty of charm, this home can easily shine again. Bring your contractor and your imagination — the upside is undeniable. Seller offering a $5, 000 Credit towards NEW Windows. Don’t miss your chance to own this cash flowing asset! Centrally located with easy access to Ferndale, Royal Oak, Downtown Detroit and major freeways.
MLS® Number20251054565
Laundry Level
Central VacNo
FireplaceNo
Acreage0.09
Exterior
GarageNo
Approx. Age1927
BasementUnfinished
DrivewayNo Garage
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 17, 2025List Date
$168,000List Price

Home Appraisal

This property is estimated to sell between: $161,000 and $172,000.
Similar properties in this area sold on average for: $161,557
Expected to sell very soon! Similar properties sold in 44 days. This home has been on eXp Realty for 63 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
16194 Princeton St, Detroit, MI

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