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$62,500
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Property Description
Investor -friendly 2 bedroom, 1 bath townhome-style unit in the highly desirable University of Detroit / Liv6 area, perfect for buy-and-hold investors seeking stable cash flow and long-term upside. This property offers a proven rental track record, having last rented for $850/month, providing immediate confidence in income potential from day one. The townhome-style layout features living and kitchen areas on the main level with bedrooms tucked upstairs for privacy - an easy-to-rent floorplan that appeals to a wide range of tenants, including students, university staff, and local residents. Located near the University of Detroit and the Livernois "Liv6" corridor, this unit sits in a strong rental pocket with consistent demand and solid neighborhood fundamentals. What truly sets this opportunity apart is the ability to scale: the unit next door is also available for purchase (separately), allowing an investor to acquire two neighboring doors in one location. This creates operational efficiencies for management and maintenance, and positions the property well for future portfolio growth or resale to another investor. Whether you're adding to an existing portfolio or acquiring your first rental, this 2 bed / 1 bath townhome offers: " Proven rent history (last rented at $850/month) " Desirable townhome-style layout " Strong rental location near University of Detroit and Liv6 " Opportunity to purchase the adjacent unit renting for $900 Ideal for the investor focused on steady income, efficient operations, and a long-term hold in a demand-driven rental market.
Full Property Details
Full Property Details for 16128 Dexter Ave
General
- Price: $62,500
- Taxes: $740
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 25058932
- Updated: 11/18/2025
- Added to Site: 60 day(s) ago
Interior
- Number of Rooms: 6
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Basement
Location
- Area: Wayne County - 100
- County: Wayne
- Cross Streets: Puritan & Dexter
- Driving Directions: Puritan to Dexter
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public
- Water: Public
Structural Information
- Architectural Style: Townhouse
- Construction: Aluminum Siding, Brick
- Basement: Yes
- Roof: Asphalt
- Stories/Levels: 2
- Square Feet: 864
- Living Area: 864 Sq. Ft.
- Year Built: 1942
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,049
- Lot Dimensions: 28 x 114
Financial Considerations
- Tax Amount: $740
- Terms: Cash, FHA, VA Loan, Conventional
Disclosures and Reports
- Legal Description: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2023. E DEXTER N 28 FT OF S 30 FT 99 JEROME SUB L35 P23 PLATS, W C R 12/250 28 X 114.43A
- Property ID: 12010698.002L
Listed by Prosperous Properties, LLC, Nathan Stull
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Schools
Schools serving 16128 Dexter Ave
School District:Detroit Public Schools Community District
| Name | Grades | Distance |
|---|---|---|
Robeson Academy Malcolm X Academy 2585 Grove Street, Detroit, MI 48221 | PK-8 | 0.5 mi |
Spain Elementary-Middle School 3700 Beaubien Boulevard, Detroit, MI 48201 | PK-8 | 5.9 mi |
Edward 'Duke' Ellington @ Beckham 9860 Park Drive, Detroit, MI 48213 | PK-8 | 8 mi |
Mumford High School 17525 Wyoming Avenue, Detroit, MI 48221 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16128 Dexter Ave
Date
Details
Price
Change
Source
11/18/2025
Listed
$62,500
184.35%
MLS
7/06/2023
Sold
$21,980
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 16128 Dexter Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$714
—
$24,100
22%
2023
$714
-10%
$19,700
27%
2020
$792
111%
$15,500
8%
2022
$375
-68%
$14,400
31%
2020
$1,158
—
$11,000
17%
2020
$1,158
48%
$9,400
54%
2019
$782
-28%
$6,120
-27%
2015
$1,079
—
$8,400
—
2014
$1,076
-44%
$8,403
-20%
2013
$1,907
—
$10,504
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16128 Dexter Ave
16128 Dexter Avenue, Detroit, MI 48221 (MLS# 25058932) is a Single Family property with 2 bedrooms and 1 full bathroom. 16128 Dexter Avenue is currently listed for $62,500 and was received on November 18, 2025. Want to learn more about 16128 Dexter Avenue? Do you have questions about finding other Single Family real estate for sale in Detroit? You can browse all Detroit real estate or contact a Coldwell Banker agent to request more information.

