#20250028820, Jordan White, Listing office: EXP Realty Main
16225 Greenfield Rd Detroit, MI 48235
Property details
About 16225 Greenfield Rd
These two multifamily properties offer strong investment potential with diverse rental opportunities. 16217 Greenfield Road features six units across two stories, with an average unit size of 673 square feet and a 67% occupancy rate. The mix of one- and two-bedroom units appeals to various tenants. 16225 Greenfield Road, with 26 units averaging 586 square feet, includes studios, one-bedroom, and two-bedroom units, with rents ranging from $650 to $900. Both properties offer competitive pricing and a variety of unit types, making them ideal for investors seeking to capitalize on the demand for affordable rental housing.
Highlights
Summary
- Basement: Yes
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $1,400,000
- Annual Tax Amount: $8,661
- Tax Year: 2024
- Directions: on Greenfield between Hemlock & Florence
- Year Built: 1966
- Lot Size: 0.58 Acres
- MLS Number: 81025023572
- MLS Name: Greater Metropolitan Association of REALTORS
- Office Name: Hub, LLC
- Office Phone: (734) 667-1481
- Listing Agent: Shelby Fulkerson, Joshua Lay
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Last updated on: 6/21/2025, 12:00:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,400,000
16225 Greenfield Rd
$10,000
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 20, 2011 | Home Sold | $120,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $472,700 | $8,661 |
2023 | $382,700 | $8,661 |
2022 | $335,400 | $8,661 |
2021 | $225,400 | $8,661 |
2020 | $183,300 | $8,117 |
2018 | $97,700 | $8,117 |
2017 | $91,300 | $8,067 |
History based on county public records data.
Nearby schools
1
Coleman A. Young Elementary School
Public District PK-5
0.6 mi
•15771 Hubbell St
3
Edison Elementary School
Public District PK-5
1.1 mi
•17045 Grand River Ave
1
Cooke STEM Academy
Public District KG-5
1.4 mi
•18800 Puritan St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,203. The most common annual income of people living in Detroit, MI is less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 16225 Greenfield Rd
The listing price of 16225 Greenfield Rd property is $1,400,000.
The property 16225 Greenfield Rd is a multi located in Detroit, Michigan, 48235.
Active Listing: 16225 Greenfield Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 16225 Greenfield Rd are: Coleman A. Young Elementary School (GreatSchools Rating 1/10), Edison Elementary School (GreatSchools Rating 3/10), Cooke STEM Academy (GreatSchools Rating 1/10), John R. King Academic and Performing Arts Academy (GreatSchools Rating 1/10), Detroit Achievement Academy (GreatSchools Rating 3/10), Foreign Language Immersion and Cultural Studies (GreatSchools Rating 4/10), Renaissance High School (GreatSchools Rating 9/10), University Yes Academy (GreatSchools Rating 1/10), Old Redford Academy High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $8,661 (source: MLS/based on county public records data).
The last sale was on April 20, 2011 for $120,000 (source: MLS/tax record).
The year of construction for 16225 Greenfield Rd is 1966.
This home is located at 16225 Greenfield Rd in Detroit, MI and zip code 48235 in the Upper West neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $1,400,000.
In May 2025, from all listings sold in Detroit, MI there were more than 85 sold above asking price, over 169 sold below and more than 74 were sold right at the asked price. The inventory of homes for sale in Detroit, MI between April and May 2025 increased by 12.1%. In May 2025 median list price was $90,022 and the average listing age was 48 days.