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$139,000
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Property Description
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
Full Property Details for 16502 Lilac St
General
- Price: $139,000
- Taxes: $3,284
- Status: Active
- Type: Single Family
- Source: SWMRIC_MLS
- MLS ID: 26040806
- Updated: 8/16/2026
- Added to Site: 12 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
- Heating Type: Forced Air
Utilities
- Sewer: Public
- Water: Public
Structural Information
- Construction: Brick, Vinyl Siding
- Basement: Yes
- 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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Schools
Schools serving 16502 Lilac St
School District:Detroit Public Schools Community District
| Name | Grades | Distance |
|---|---|---|
Mary Mcleod Bethune Elementary-Middle School 8145 Puritan Avenue, Detroit, MI 48238 | PK-8 | 0.3 mi |
Mumford High School 17525 Wyoming Avenue, Detroit, MI 48221 | 9-12 | 1 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
Date
Details
Price
Change
Source
8/05/2026
Listed
$139,000
—
MLS
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 16502 Lilac St
Year
Property Taxes
Change
Tax Assessment
Change
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
—
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 16502 Lilac St
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 $139,000 and was received on August 06, 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.

