Back 16531 Ward Avenue
Off Market

16531 Ward Avenue

Detroit MI 48235

2
1600 sq. ft.
0.08 ac.
Multi-Family
Last sold for $75,000
Moe KassemMoe Kassem, last sold this property on 15 September 2025 after 81 days on market.

Overview

Welcome to 16531 Ward, a spacious two-family home located in a well-established Detroit neighborhood. This property features a total of 4 bedrooms, 2 kitchens, and 2 living rooms, offering great potential for rental income, multi-generational living, or a savvy house-hack opportunity. With solid bones and generously sized rooms, this home provides the perfect canvas for an investor looking for their next project or a first-time buyer ready to build equity. While some updates are needed, the possibilities are endless to restore and customize this space to your liking. Priced to sell, this is your chance to own a piece of Detroit's revitalizing real estate market. Don't miss out - schedule your private showing today and unlock the potential of this versatile property!

Features

2 bathrooms
1600 sq. ft. floor area
0.08 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar multi families sold in Detroit over the last 12 months, the estimated median property value of 16531 Ward Avenue is $152k.

Median value
$152k
Estimated value range
$75k - $550k
Median days on market
23
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Detroit. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16531 Ward Avenue

2025
Sold
$75,000
15 Sep 2025 by Moe Kassem

Happy sellers in Detroit

89%
89% of sellers in Detroit reported that their sale price either exceeded or met their price expectations.

Detroit stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Detroit over the last 12 months.

Local market activity for multi families in Detroit

In the last 12 months, 7 multi families similar to 16531 Ward Avenue, have been sold.

This represents a 39% increase in multi families sales when compared to the previous 12 months.

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