Price Reduction - Eco Friendly
Address
16549 Washburn Street, Detroit, MI
Price
$ 170,000
Property Attributes
  • ID#61007890
  • TypeSingle Family
  • Listing Status Active
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodCollege Manor Sub
  • Zip48221
  • StyleTudor
  • Year Built1938
  • Taxes$ 5496
  • Price$ 170,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage1555
  • Lot Size0.09 Acres
Data Source:
MiRealSource (MIRS)
Property Description

***Tenant occupied at $2,050 per month with over $16,000 in annual net operating income*** Located in Fitzgerald just blocks from the Marygrove campus and future $180 million headquarters of the Kresge Foundation, this fully renovated Tudor Revival blends historic charm with thoughtful updates inside and out. Three bedrooms and one and a half bathrooms are complemented by new flooring, refinished original hardwoods, and a striking mantel fireplace. The home offers both a formal dining room and a cozy breakfast nook, while the kitchen shines with brand-new cabinetry, modern fixtures, and new appliances. Newer windows and a brand-new roof provide lasting durability while enhancing energy efficiency. Outside, restored half-timbering and a newly revived exterior finish showcase timeless craftsmanship, and two private outdoor balconies with a privacy fence make the home as welcoming outdoors as it is inside. Motivated seller will consider all reasonable offers. Property is tenant-occupied with existing lease through Fall 2027

Price History
7/2/2026 Listed $185,000
7/13/2026 3$180,000
8/17/2026 1$179,000
8/30/2026 6$170,000

General Features

Heating Forced Air
Possession Subject To Tenant Rights
Water Public Water
Status Active
Full Baths 1
Half Baths 1
Bathrooms 2
Year Built 1938
Subdivision College Manor Sub
Style Tudor
County Wayne
Class RESIDENTIAL
Type Single Family
Ownership Private
Associated Document Count 1
Status Active
Subdivision MI
Sale/Rent For Sale
Manufactured Y/N No
Structure Style 2 Story
Subj to Short Sale Apprvl No
Home Warranty Y/N No
Area Detroit (82001)
Primary City Detroit
Directions North on Wyoming,West on Florence,North on Washburn
City Detroit
School District Detroit City School District
Lease Y/N Yes
Originating MLS RealComp
Source MLS MI Real Source
Financial Terms Cash,Conventional
Legal Description W WASHBURN 52 COLLEGE MANOR SUB L45 P10 PLATS,W C R 16/398 35 X 108
DOM 77
Postal Code 48221
Price Per Sq Ft Total AG 109.32
Public Remarks ***Tenant occupied at $2,050 per month with over $16

Interior Features

Basement Unfinished
Bedroom 3 Level Second
Bedroom 1 Level Second
Bedroom 2 Level Second
Bedroom 2 Width 14
Bedroom 3 Width 12
Bedroom 2 Length 14
Bedroom 3 Length 12
Beds 3
Fireplace? No
Total Rooms 5
Bedroom 1 Length 13
Bedroom 1 Width 14
Below Grade SqFt 855
Above Grade SqFt 1555
Basement Y/N Yes
Total SqFt Finished 1555
Bathroom 1 Length 8
Bathroom 1 Width 12

Exterior Features

Exterior Brick
Exterior Amenities Exterior Balcony,Deck,Porch
Frontage 35
Lot Size Area 0.09
Pool (Y/N) No
Lot Dimensions 35X108
Roads Paved Street
FOUNDATION TYPE Basement
Waterfront Y/N No
Garage Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 48221

Price
AVG $190K
$170K
Taxes
AVG $4,144
$5,496
Year Built
AVG 1937
1938
Visits
AVG 91
46
Data Provided by Inside Real Estate®

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