16808 Murray Hill Street
Detroit, MI 48235
Single Family Residence · MLS # 81026058535 · Listing courtesy of eXp Realty, LLC
About this home
Attention investors looking for an instant addition to your portfolio! This charming, highly desirable Cape Cod-style home located on Detroit's vibrant west side is fully tenant-occupied and producing reliable income right out of the gate. Featuring 2 bedrooms and 1.5 baths across 926 square feet of well-maintained living space, this property has a spacious living room and dining room with abundant natural light, luxury vinyl plank flooring throughout, updated lighting fixtures, a modern kitchen equipped with quartz countertops and custom cabinetry, and a refreshed bathroom featuring porcelain tile and a modern vanity. The tenant is currently in place paying $1,300 per month, handles all utilities, snow removal, and yard maintenance. Priced aggressively at $87,900 for a quick sale, the motivated seller is ready to move. Clean title included with a warranty deed. Don't miss out on this turnkey cash-flowing asset--schedule your showing or submit your offer today! BATVAI
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 $87,900, or $95 per square foot, 34% above the city median, and has been on the market 0 days. 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 $3,008 a year. A buyer who lives here would pay about $960 to $2,849 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
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