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16502 Lilac Street

Detroit, MI 48221
  • $139,000
  • STATUS: Active
  • ON SITE: 2 Days
  • MLS #: 26040806
New On Site 2 Days Ago
UPDATED: 20 min ago
$139,000
  • 3
    BEDS
  • 0.07
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 3,049
    SQFT
  • $46
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1928
County:

School Ratings & Info

School District:

Description

The property currently generates $1,275/month in rental income, offering an investor the opportunity to purchase a tenant-occupied property with an established rental arrangement. Optionable lot Available - The adjacent lot at 16508 Lilac ST is also available for purchase for $6,500-The buyer has the option to purchase the lot separately or in addition tp 16502 Lilac St, providing an opportunity to acquire additional land next to the investment property.

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© 2026 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2026-08-08T11:33:58.983.
www.debstevenson.com/homes/179825385
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16502 Lilac Street Detroit, MI 48221

  • Price: $139,000
  • Status: Active
  • On Site: 2 Days
  • Updated: 20 min ago
  • MLS #: 26040806
3
Beds
1
Baths
0
½ Baths
0.07
Acres
3,049
SQFT
$46
$/SQFT
1928
Built
Neighborhood:
Detroit City
County:
Wayne
School District:
Detroit
Property Description
The property currently generates $1,275/month in rental income, offering an investor the opportunity to purchase a tenant-occupied property with an established rental arrangement. Optionable lot Available - The adjacent lot at 16508 Lilac ST is also available for purchase for $6,500-The buyer has the option to purchase the lot separately or in addition tp 16502 Lilac St, providing an opportunity to acquire additional land next to the investment property.
Exterior Features

Architectural Style [] Construction Materials BrickVinyl Siding Garage YN No Lot Features [] Other Structures [] Pool Features [] Road Surface Type [] Roof [] Waterfront Features [] Waterfront YN No Window Features []

Interior Features

Appliances [] Basement Full Basement YN Yes Cooling [] Fireplace Features [] Fireplace YN No Heating Forced Air Heating YN Yes Interior Features [] Main Floor Bedrooms 0 Rooms Living Room (Lower Level)

Property Features

Accessibility Features [] Association Amenities [] Association Fee Includes [] Auction Or For Sale For Sale Cross Street Puritan and Livernois Listing Terms CashConventional New Construction YN No Property Sub Type Single Family Residence Sewer Public Tax Annual Amount 3284 Tax Year 2025 Utilities [] Water Source Public

Listing provided courtesy of Priscilla Wade of Worth Clark Realty: 800-991-6092. © 2026 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed.


© 2026 MichRIC, LLC. All rights reserved. Information deemed reliable but not guaranteed. Updated: 2026-08-08T11:33:58.983.
 
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Deb Stevenson Group - Greenridge Realty
300 S Rath
Ludington MI, 49431