Sold
16174 Lauder Street, Detroit, MI 48235
Sold on 03/26/2026 for$102,900
MLS # 20261014413 (Realcomp)
3 beds2 baths1,084 sqftBuilt 19510.13 acres
1 / 21
Listing Description
SECTION 8 TENANT-OCCUPIED INVESTMENT PROPERTY CURRENTLY GENERATING $1,450 PER MONTH IN RENTAL INCOME, OFFERING IMMEDIATE CASH FLOW FOR INVESTORS. LEASE DETAILS AVAILABLE UPON REQUEST. THIS WELL-MAINTAINED 3-BEDROOM, 2-BATH BRICK BUNGALOW FEATURES NICELY SIZED BEDROOMS WITH AMPLE NATURAL LIGHT, A FUNCTIONAL LAYOUT, FULL BASEMENT AND A COZY BACKYARD SPACE. LOCATED IN ONE OF DETROIT’S CONSISTENTLY PERFORMING RENTAL AREAS, THIS PROPERTY OFFERS A SOLID, LOW-MAINTENANCE INVESTMENT OPPORTUNITY FOR BOTH NEW AND SEASONED INVESTORS. TURNKEY AND INCOME-PRODUCING FROM DAY ONE—ADD THIS STRONG PERFORMER TO YOUR PORTFOLIO.
Source: SparkMLS
About this home
This 3-bedroom, 2-bath, 1,084 sq ft home built in 1951 sits in Cerveny Grandmont in Detroit.
This home sold for $102,900 (about $95/sq ft).
Estimated annual property tax: $2,433, or about $203 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms3
Bathrooms2
Living Area1,084 sqft
Lot Size0.13 acres
Year Built1951
Stories2
Location
CityDetroit
Zip Code48235
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed3/5/2026
Sold Date3/25/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$2,332
Tax Year2025
State Equalized Value$37,900
Assessed Value$37,900
Parcel #22041986.
Source: Public Records
Legal Description
E LAUDER N 33 FT 62 S 7 FT 63 JAMES MURPHYS SUB L45 P91 PLATS, W C R 22/52 40 X 141.9
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Robert Kabbani
Keller Williams Legacy
Frequently Asked Questions about 16174 Lauder Street, Detroit, MI 48235
What school district is 16174 Lauder Street, Detroit, MI 48235 in?
Per MLS# 20261014413, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261014413, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261014413, the most recent reported annual property tax for 16174 Lauder Street, Detroit, MI 48235 is $3,288. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 16174 Lauder Street, Detroit, MI 48235 eligible for USDA financing?
Per USDA Rural Development boundary data, 16174 Lauder Street, Detroit, MI 48235 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 16174 Lauder Street, Detroit, MI 48235 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Tax Estimate
$
Annual tax$2,433
Monthly$203
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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%
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Monthly payment$851
Principal & interest$648
Property taxes$203
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
16174 Lauder Street, Detroit, MI 48235
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Neighborhood
Cerveny Grandmont
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Community
Detroit
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County
Wayne County
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