16144 Bramell Street

About this home

Investment opportunity in Detroit! This 3-bedroom, 1-bath home offers approximately 799 square feet of living space on a 6,969-square-foot lot. Priced at just $20,000, this property presents an opportunity for investors, rehabbers, or buyers looking for a value-add project. The property requires renovations and improvements, offering potential for future rental income or resale following rehabilitation. The spacious lot provides additional outdoor space and potential for landscaping improvements. Property is being sold strictly as-is. Seller will make no repairs. Buyer and buyer's agent to verify all information, measurements, and property condition.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Detroit

Over the last 90 days, 1,214 homes sold in Detroit for a median of $99,950, about $71 per square foot, and the typical one went under contract in 29 days. This home is listed at $20,000, or $20 per square foot, 72% below the city median, and has been on the market 1 day. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Detroit sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $2,447 a year. A buyer who lives here would pay about $777 a year once the taxable value resets after the sale, at the 2025 homestead rate of 64.18 mills for Detroit City and Detroit schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

Similar homes in Detroit

$20,000

3368 16th Street, Detroit

Listing courtesy of Keller Williams Realty-Great Lakes

$20,000

3358 16th Street, Detroit

Listing courtesy of Keller Williams Realty-Great Lakes

$19,500

663 Philip Street, Detroit

Listing courtesy of Nika & Co

$20,000

3 bd · 1 ba · 815 sqft

8067 Westwood Street, Detroit

Listing courtesy of Keller Williams Legacy

$20,000

3360 16th Street, Detroit

Listing courtesy of Keller Williams Realty-Great Lakes

$20,000

3352 16th Street, Detroit

Listing courtesy of Keller Williams Realty-Great Lakes

See all Detroit homes for sale →