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16194 Princeton Street, Detroit, MI 48221

Local realty services provided by:CENTURY 21 Dynamic Realty
16194 Princeton Street,Detroit, MI 48221
$168,000
  • 4 Beds
  • 2 Baths
  • 2,132 sq. ft.
  • Single family
  • Active
Listed by: jim shaffer
Office: good company
MLS#:20251054565
Source:MI_REALCOMP

Price summary

  • Price:$168,000
  • Price per sq. ft.:$78.8

About this home

Investor Special with NEZ Tax Incentives! Ready for the right visionary, this Multi-family offers the perfect canvas for simple updates or a full value-add project. A recent appraisal shows an ARV of $300,000, making this a strong opportunity for anyone looking to capture instant equity. Whether you're planning a fix and flip or adding to your rental portfolio, the numbers make sense — recent rental income was $2,200/month, offering solid cash-flow in the highly desirable neighborhood of Martin Park. Rental demand in the area is strong, making this an ideal option for investors seeking steady, reliable returns. Featuring generous room sizes, a functional layout, and plenty of charm, this home can easily shine again. Bring your contractor and your imagination — the upside is undeniable. Seller offering a $5,000 Credit towards NEW Windows. Don’t miss your chance to own this cash flowing asset! Centrally located with easy access to Ferndale, Royal Oak, Downtown Detroit and major freeways.

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Home facts

  • Year built:1927
  • Listing ID #:20251054565
  • Added:75 day(s) ago
  • Updated:February 01, 2026 at 10:56 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,132 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1927
  • Building area:2,132 sq. ft.
  • Lot area:0.09 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$168,000
  • Price per sq. ft.:$78.8
  • Tax amount:$1,529
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