$1,400,000

16225 Greenfield Rd Detroit, MI 48235

$10,000
Closing credit¹
0.6 acres
Multi-Family

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

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
BasementYes
Lot size0.58 Acres
Year built1966
MLS #81025023572

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

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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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16225 Greenfield Rd, Detroit, MI 48235 - aerial overview of property's location featuring nearby suburban area

$1,400,000

16225 Greenfield Rd

$10,000

closing credit¹

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Price information

Property sales

DateEventPrice
Apr 20, 2011
Home Sold
$120,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

72%
<35k
21%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

62%
Single, No Kids
18%
Single, with Kids
12%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
6%
12-17 yrs old
24%
18-34 yrs old
44%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • H&MH&M
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Boston MarketBoston Market
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • KiaKia
  • HondaHonda
  • DodgeDodge

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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