Member Features
Find Real Estate Bargain!
Full foreclosure details
Home value, equity and ownership info
Find homes priced below market
Get full access with a FREE Account
Already a member?
$45,000
Listing Price3beds
1baths
904sqft
4,356sqft lot
16044 Fairmount Dr, Detroit, MI 48205
Member Features
Find Real Estate Bargain!
Full foreclosure details
Home value, equity and ownership info
Find homes priced below market
Get full access with a FREE Account
Already a member?
For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Prime Investment Opportunity in DetroitnThis isnt just another property; its a turnkey, cash-flowing asset ready to elevate your portfolio. Located on a peaceful residential street, this tenant-occupied home offers immediate, reliable income and is a smart addition for any investor looking for both stability and growth.nKey Investment Highlights:nnInstant Cash Flow: Start generating income from day one. This property comes with a stable, long-term tenant already in place.nProven Reliability: The current tenant has a remarkable 15-year history of on-time payments, providing a consistent and predictable income stream of $770/month.nStrategic Value-Add Potential: Beyond the immediate cash flow, theres significant upside. With some targeted improvements, you can increase the propertys value and boost your returns over time.nnLocation, Location, Location: Situated in a high-demand rental area of Detroit, this home is poised for continued profitability and appreciation. The location offers easy access to public transit, making it convenient for tenants to get around the city.nnThis property is a solid pick for both seasoned and new investors looking to build wealth in Detroits thriving real estate market.
Interior Details
904
3
1
Has Heating:
Yes
Heating Type:
Forced Air With Air Conditioning
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
Yes
Fuel Type:
Gas
Has Basement:
No
Basement Type:
Basement (unspecified)
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
4356
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
No
No
No
No
No
No
No
Construction Details
N/A
Wood Siding
N/A
Gable
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2018
$963
$0
$0
--%
$11,500
2019
$998
$0
$0
--%
$9,400
2018
$963
$0
$0
--%
$8,600
2017
$959
$0
$0
--%
$8,200
2016
$1,307
$0
$0
--%
$12,000
2014
$1,615
$0
$0
--%
$15,690
2013
$1,749
$0
$0
--%
$17,433
2012
$1,892
$0
$0
--%
$19,683
Average Home Price in 48205
Nearby Properties
Zip Code
Price
Bed
Bath
Sqft
Lot
Sold Date
$100,507
$100,507
-- Beds
1 Baths
869 Sqft
4,792 Lot (sqft)
Sold 10/28/2026
$72,413
$72,413
-- Beds
1 Baths
997 Sqft
6,534 Lot (sqft)
Sold 10/16/2026
$53,709
-- Beds
1 Baths
948 Sqft
5,227 Lot (sqft)
Sold 10/08/2026
$45,305
-- Beds
1 Baths
1,020 Sqft
4,356 Lot (sqft)
Sold 09/10/2026
$63,559
$63,559
-- Beds
1 Baths
968 Sqft
5,227 Lot (sqft)
Sold 08/22/2026
$88,416
-- Beds
1.5 Baths
1,004 Sqft
5,663 Lot (sqft)
Sold 08/19/2026
$70,000
-- Beds
1 Baths
889 Sqft
5,227 Lot (sqft)
Sold 08/12/2026
$67,893
-- Beds
1 Baths
1,039 Sqft
5,227 Lot (sqft)
Sold NaN/NaN/NaN
$60,224
-- Beds
1 Baths
924 Sqft
5,227 Lot (sqft)
Sold 10/27/2026





