#20250026053, Mark Poloney, Listing office: RE/MAX First
16810 Baylis St Detroit, MI 48221
Property details
About 16810 Baylis St
Fully updated and income-producing 5-unit apartment building, offering a strong opportunity for investors. Each unit is currently occupied by reliable tenants, all of whom have been in place for approximately three years and wish to stay. All leases are month-to-month, leaving flexibility for the new owner. Recent upgrades include energy-efficient appliances, a new furnace, and a new hot water tank. No major repairs are needed. Approximately 15 years remain on the tax abatement. Located near expressways, just 15 minutes from downtown Detroit and 20 minutes from Detroit Metro Airport. Great 8.5% cap rate in an up-and-coming Detroit neighborhood.
Highlights
Summary
- Full Bathrooms: 5
- Basement: Yes
- Attached Garage: No
- Parking: Garage
- Architectural Style: Common Entry Building
- Heating: Forced Air, Natural Gas
- List Price: $599,900
- Price/SqFt: $75
- Annual Tax Amount: $61
- Tax Year: 2024
- Directions: East Of Livernois, South Of McNichols
- Year Built: 1927
- Living Area: 7,996 SqFt
- Lot Size: 0.17 Acres
- MLS Number: 20251015492
- MLS Name: Realcomp II Ltd
- Office Name: EXP Z Real Estate
- Office Phone: (248) 937-1337
- Listing Agent: Chad Apap, Demontay Scott
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Last updated on: 7/27/2025, 7:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 16, 2015 | Home Sold | $40,000 |
Jan 28, 2014 | Home Sold | $13,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $800 | $61 |
2023 | $800 | $61 |
2022 | $800 | $34 |
2021 | $800 | $34 |
2020 | $700 | $60 |
2018 | $700 | $60 |
2017 | $700 | $61 |
History based on county public records data.
Nearby schools
1
George Washington Carver Elementary School
Public Charter PK-4
1.2 mi
•14510 2nd Ave
3
Bagley Elementary School of Journalism and Technology
Public District PK-6
1.6 mi
•8100 Curtis St
2
Pasteur Elementary School
Public District PK-6
1.9 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 $42,065. The most common annual income of people living in Detroit, MI is less than $<35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 16810 Baylis St
The listing price of 16810 Baylis St property is $599,900.
The property 16810 Baylis St is a multi located in Detroit, Michigan, 48221.
Active Listing: 16810 Baylis St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 16810 Baylis St are: George Washington Carver Elementary School (GreatSchools Rating 1/10), Bagley Elementary School of Journalism and Technology (GreatSchools Rating 3/10), Pasteur Elementary School (GreatSchools Rating 2/10), Paul Robeson Malcolm X Academy (GreatSchools Rating 1/10), Thurgood Marshall-Elementary School (GreatSchools Rating 1/10), Palmer Park Preparatory Academy (GreatSchools Rating 2/10), Joy Preparatory Academy (GreatSchools Rating 5/10), The School at Marygrove (GreatSchools Rating 4/10), Mumford High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $61 (source: MLS/based on county public records data).
The last sale was on April 16, 2015 for $40,000 (source: MLS/tax record).
The property 16810 Baylis St is 7,996 SqFt (source: MLS/tax record).
The year of construction for 16810 Baylis St is 1927.
This home is located at 16810 Baylis St in Detroit, MI and zip code 48221 in the McNichols neighborhood. This 7,996 square foot home, which was built in 1927, sits on a 0.17 acre lot. Features: 5 bathrooms. It has been listed on Rocket Homes since July 25, 2025 and is currently priced at $599,900.
In June 2025 more than 79 listings in Detroit, MI were sold above the asking price. During the same period more than 74 listings were sold at asking price, while more than 144 were sold below. Between May and June 2025, Detroit, MI real estate market has seen increase in the number of listings by 16.7%. The median list price of listings available in June 2025 was $92,746, while the average time on the real estate market was 45 days.