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3 Beds
1 Bath
1,100 sqft

$90,000

16191 Strathmoor ST, Detroit MI, 48235

Price per sqft$81.82
Built in1940
Property size1,100 sqft
Property typeResidential

Overview

Active

Listed Oct 12, 2026

Updated 5h ago

This beautifully renovated bungalow is a truly turnkey investment opportunity! Extensively remodeled on the interior in 2024, the home is currently tenant-occupied at $1,200 per month, providing immediate cash flow from day one with future upside through potential rent increases. The current tenant is up to date on rent, takes great care of the property, and would love to remain, offering added stability for the next owner. The home is professionally managed by a local property management company, giving buyers the option to continue management for a seamless transition or self-manage if preferred. Conveniently located on Detroit's west side with easy access to shopping, dining, major roadways, and public transportation, this is a solid, income-producing opportunity in Detroit's growing rental market. Subject to tenant's rights. Please do not disturb the tenant. No showings without an accepted offer. Photos were taken prior to tenant occupancy.

$599/mo

Est. mortgage payment based on a $90,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
20261082553

Interior Features

Bedrooms
3
Bathrooms
1
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Taxes
$5,575
Tax Frequency
Annually
55+/Senior Community
No

 

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Data last updated 5:49 PM UTC, 10/12/2026

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