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$119,000 -$5,500 (-4.42%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 3,049 Sq. Ft.
  • Updated 6 hours ago
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The property currently generates $1,275/month in rental income, offering an investor the opportunity to purchase a tenant-occupied property with an established rental arrangement. Optionable lot Available - The adjacent lot at 16508 Lilac ST is also available for purchase for $6,500-The buyer has the option to purchase the lot separately or in addition tp 16502 Lilac St, providing an opportunity to acquire additional land next to the investment property.

Full Property Details for 16502 Lilac St

General

  • Price: $119,000
  • Taxes: $3,284
  • Status: Active
  • Type: Single Family
  • Source: SWMRIC_MLS
  • MLS ID: 26040806
  • Updated: 10/10/2026
  • Added to Site: 17 day(s) ago

Interior

  • Number of Rooms: 5

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Basement

Location

  • County: Wayne
  • Subdivision: The Garden Add
  • Cross Streets: Puritan and Livernois

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Forced Air, Hot Water

Utilities

  • Sewer: Public
  • Water: Public

Structural Information

  • Construction: Brick, Vinyl Siding
  • Basement: Yes
  • Roof: Shingle
  • Stories/Levels: 2
  • Square Feet: 3,049
  • Living Area: 3,049 Sq. Ft.
  • Year Built: 1928

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size (Sq. Ft.): 3,049
  • Lot Dimensions: 311

Financial Considerations

  • Tax Amount: $3,284
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: E LILAC 311 GARDEN ADDITION L13 P90 PLATS, W C R 16/305 30 X 100
  • Property ID: 16026188

Listed by Worth Clark Realty, Priscilla Wade

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Listing agent

— 16502 Lilac St —

  • Priscilla Wade

    Worth Clark Realty

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with our affiliated lender
NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 16502 Lilac St

School District:Detroit Public Schools Community District
NameGradesDistance
Mary Mcleod Bethune Elementary-Middle School
8145 Puritan Avenue, Detroit, MI 48238
PK-80.3 mi
Mumford High School
17525 Wyoming Avenue, Detroit, MI 48221
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16502 Lilac St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/10/2026
Price Reduced
$119,000
-4.42%
MLS
10/06/2026
Price Reduced
$124,500
-3.49%
MLS
9/05/2026
Price Reduced
$129,000
-7.19%
MLS
8/05/2026
Listed
$139,000
—
MLS
Get Price Alerts and Save Property
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 for 16502 Lilac St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,497
—
$43,500
18%
2025
$1,497
50%
$36,900
17%
2023
$999
5%
$31,500
25%
2020
$947
112%
$25,200
41%
2022
$446
-66%
$17,900
25%
2020
$1,310
—
$14,300
16%
2020
$1,310
66%
$12,300
29%
2019
$791
4%
$9,500
13%
2018
$763
—
$8,400
12%
2017
$762
-16%
$7,500
-29%
2016
$905
1%
$10,500
-15%
2015
$894
2%
$12,300
-11%
2014
$880
-14%
$13,875
-20%
2013
$1,025
—
$17,344
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Worth Clark Realty, Priscilla Wade

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16502 Lilac Street, Detroit, MI 48221 (MLS# 26040806) is a Single Family property with 3 bedrooms and 1 full bathroom. 16502 Lilac Street is currently listed for $119,000 and was received on September 23, 2026. Want to learn more about 16502 Lilac Street? 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.

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