$1,294 Closing Credit¹
#20240076124, Milton G Owens-Crawford, Listing office: Reach Realty Group
$109,900 List price
16612 Ilene St Detroit, MI 48221
$1,305
Closing credit¹
2 full
2,344 sqft
0.10 acres
$47 / sqft
Multi-Family
Property details
About 16612 Ilene St
**INVESTORS** Add this 2 unit multi-family property to your rental portfolio! The property features two 2-bedroom units, each with a large living room and dining room, kitchen, and full bathroom! The property has its original hardwood floors in both units (you will need to remove the carpet in 1 of the units), tons of beautiful plaster walls and crown molding, an updated kitchen in one of the units, forced air heating, updated 100 amp electrical panels and romex wiring, and updated copper, PEX, and PVC plumbing! Both bathrooms could do with a lite facelift, but are in otherwise decent condition. Separate laundry tubs for each unit in the basement. Gas and electric are metered separately. ARV for this property could be as high as $220-250K so it could make a perfect BRRRR strategy property, with Sec 8 rents for the units as high as $1,200/month. CASH OR HARD MONEY ONLY, NO SELLER FINANCING OR CONVENTIONAL.
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
Size2,344 sqft
BasementYes
Lot size0.1 Acres
Year built1929
ParkingStreet Parking, Shared Driveway, Unassigned
MLS #20251007213
Summary
- Full Bathrooms: 2
- Basement: Yes
- Attached Garage: No
- Parking: Street Parking, Shared Driveway, Unassigned
- Architectural Style: Upper Lower Apartment
- Heating: Forced Air, Natural Gas
- List Price: $109,900
- Price/SqFt: $46
- Annual Tax Amount: $2,499
- Tax Year: 2024
- Directions: From McNichols turn South on Ilene
- Year Built: 1929
- Living Area: 2,344 SqFt
- Lot Size: 0.1 Acres
- MLS Number: 20251007213
- MLS Name: Realcomp II Ltd
- Office Name: RE/MAX Leading Edge
- Office Phone: (734) 404-8800
- Listing Agent: Ryan E Kain
Disclaimer: 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, 12:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$109,900
16612 Ilene St
$1,305
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 05, 2022 | Home Sold | $110,505 |
| Jan 05, 2022 | Home Sold | $129,000 |
| May 06, 2020 | Home Sold | $99,000 |
| Oct 01, 2019 | Home Sold | $88,000 |
| Sep 23, 2019 | Home Sold | $70,000 |
| Mar 14, 2017 | Home Sold | $81,500 |
| Mar 10, 2017 | Home Sold | $67,500 |
| Aug 17, 2016 | Home Sold | $40,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $60,800 | $2,499 |
| 2023 | $48,600 | $2,499 |
| 2022 | $35,400 | $1,365 |
| 2021 | $28,300 | $1,365 |
| 2020 | $24,400 | $1,758 |
| 2018 | $16,400 | $1,758 |
| 2017 | $14,700 | $1,629 |
History based on county public records data.
Nearby schools
3
Bagley Elementary School of Journalism and Technology
Public District PK-6
0.9 mi
•8100 Curtis St
1
Coleman A. Young Elementary School
Public District PK-5
1.5 mi
•15771 Hubbell St
2
Pasteur Elementary School
Public District PK-6
2.0 mi
•19811 Stoepel 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 $45,950. Typical income of Detroit, MI residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
37%
<35k
56%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
55%
Single, No Kids
21%
Single, with Kids
15%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
10%
12-17 yrs old
19%
18-34 yrs old
38%
35-64 yrs old
18%
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
Popeyes
What do the neighbors drive?
Kia
Dodge
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 16612 Ilene St
The listing price of 16612 Ilene St property is $109,900.
The property 16612 Ilene St is a multi located in Detroit, Michigan, 48221.
Active Listing: 16612 Ilene St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 16612 Ilene St are: Bagley Elementary School of Journalism and Technology (GreatSchools Rating 3/10), Coleman A. Young Elementary School (GreatSchools Rating 1/10), Pasteur Elementary School (GreatSchools Rating 2/10), Martin Luther King Jr Education Center Academy (GreatSchools Rating 3/10), Schulze Academy for Technology and Arts (GreatSchools Rating 1/10), Mary McLeod Bethune Elementary-Middle School (GreatSchools Rating 1/10), The School at Marygrove (GreatSchools Rating 4/10), Mumford High School (GreatSchools Rating 2/10), David Ellis Academy (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $2,499 (source: MLS/based on county public records data).
The last sale was on January 5, 2022 for $110,505 (source: MLS/tax record).
The property 16612 Ilene St is 2,344 SqFt (source: MLS/tax record).
The year of construction for 16612 Ilene St is 1929.
This home is located at 16612 Ilene St in Detroit, MI and zip code 48221 in the Harmony VIllage neighborhood. This 2,344 square foot home, which was built in 1929, sits on a 0.10 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since June 12, 2025 and is currently priced at $109,900.
Over 85 listings were sold over their listed price in May 2025 in Detroit, MI. In the same period over 169 listings were sold below the listed price and 74 listings were sold for the listed price. The number of listings in Detroit, MI increased by 12.1% between April and May 2025. The median list price of listings available in May 2025 was $90,022, while the average time on the real estate market was 48 days.
From Rocket Homes Real Estate and based on county public records data.