6 days on Rocket
$10,000 Closing Credit¹
#50175782, Justin Zehel, Listing Office: Keller Williams Paint Creek
$1,499,900 List price
16501-16561 Greenfield Rd Detroit, MI 48235
$10,000
Closing credit¹
64 beds
56 full
22,377 sqft
0.6 acres
$67 / sqft
Multi-Family
Property details
About 16501-16561 Greenfield Rd
INVESTOR SPECIAL! 56 unit complex being sold as a package of 96 units total. Each property is being listed individually. Refer to all address below for individual listed prices. Will sell separately for the right offer. 100% vacant add value properties. Good roofs and most windows updated! Mix between 1 and 2 bedroom units. Mostly 1 bed 1 bath. Units need turned and rented. Will be a cash cow for an investor! Greenfield road is the main strip from the city to the suburbs where the city busses run! Ample amount of parking spaces! Serious buyers only. Seller financing is available but seller needs 50% down. Looking for cash buyers. Addresses included are: 14610 Greenfield-Detroit (20 units,) 16501-16561 Greenfield-Detroit (56 units,) and 16660 Greenfield-Detroit (20 units.)
Highlights
Home typeMulti Family
HeatingSteam
StatusActive
Size22,377 sqft
BasementYes
Lot size0.58 Acres
Year built1958
MLS #50175093
Summary
- Full Bathrooms: 56
- Basement: Yes
- Total Bedroom Count: 64
- Heating: Steam
- List Price: $1,499,900
- Price/SqFt: $67
- Year Built: 1958
- Stories: 2
- Living Area: 22,377 SqFt
- School District: Detroit City School District
- Lot Size: 0.58 Acres
- MLS Number: 50175093
- MLS Name: MiRealSource
- Office Name: Keller Williams Paint Creek
- Office Phone: (248) 609-8000
- Office Email: laithyaldo@hotmail.com
- Listing Agent: Justin Zehel
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.
Copyright 2025 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 12:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,499,900
16501-16561 Greenfield Rd
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
2
Gardner Elementary School
Public District KG-5
0.3 mi
•6528 Mansfield St
5
Maples Elementary School
Public District PK-5
0.3 mi
•6801 Mead St
4
William Ford Elementary School
Public District PK-5
0.6 mi
•14749 Alber 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 $21,803. Typical income of Detroit, MI residents is less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
71%
<35k
21%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
43%
Single, No Kids
19%
Single, with Kids
16%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
26%
<11 yrs old
10%
12-17 yrs old
23%
18-34 yrs old
32%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
Burlington
Foot Locker
H&M
Where do the neighbors go to eat?
White Castle
Little Caesars
Boston Market
What do the neighbors drive?
Kia
Dodge
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 16501-16561 Greenfield Rd in Detroit, MI and zip code 48228 in the Grandale / Brooks neighborhood. This 22,377 square foot home, which was built in 1958, sits on a 0.58 acre lot. Features: 64 bedrooms, 56 bathrooms. It has been listed on Rocket Homes since May 17, 2025 and is currently priced at $1,499,900.
Over 93 listings were sold over their listed price in April 2025 in Detroit, MI. In the same period over 216 listings were sold below the listed price and 85 listings were sold for the listed price. The number of homes for sale in Detroit, MI increased by 13.4% between March and April 2025. The median list price of listings available in April 2025 was $90,000, while the average time on the real estate market was 47 days.
From Rocket Homes Real Estate and based on county public records data.