NEW 1 HR AGO

For sale

$224,900

Est. $1,940/mo —

—

•

7,005

sq ft

16005 Schoolcraft St, Detroit, MI 48227 4938

About this home

Great opportunity to add an 8-unit multifamily property to your investment portfolio. This property features a common entry and offers potential for investors looking to expand their rental holdings and generate additional income. Whether you're an experienced investor or looking to grow your portfolio, this property presents an opportunity to explore. Property is being sold AS IS. Buyer and buyer's agent to verify all information, including property details, condition, zoning, and rental potential.

Multi-familyProperty Type

1967Year Built

6,098 sq ftLot Size

$32Price/Sq.Ft.

Listed by Richard Williams • Berkshire Hathaway HomeServices The Loft Warehouse

•313-658-6400 (broker)

•sabra@theloftwarehouse.com (broker)

Listing updated: Oct 21, 2026 at 06:58pm

Redfin checked: 2 minutes ago

•Source:MiRealSource-MiMLS #61040860

Payment calculator

$1,940 per month

Principal and interest$1,258

Property taxes

$562

HOA dues

Home insurance

$120

Utilities

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Open houses

No upcoming open houses.

Nearby open houses (10)

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OPEN SAT, 1PM TO 3PM
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OPEN SUN, 10AM TO 12PM
$789,000
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7456 Glengrove Dr, Bloomfield Hills, MI 48301 3870
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REDFIN OPEN SUN, 12PM TO 2PM3D WALKTHROUGH
$365,000
3 beds2.5 baths1,540 sq ft
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OPEN SUN, 12PM TO 3PM
$1,250,000
4 beds4.5 baths4,552 sq ft
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Around this home

Schools

K - 12
Preschool & daycare

Dossin Elementary-Middle School

Public PreK-8 • Assigned • 0.5mi

3/10

Cody High School

Public 9-12 • Assigned • 2.0mi

3/10

Provided by GreatSchools

About Schoolcraft

Southfield

Schoolcraft Southfield, located between Schoolcraft Rd and Southfield Fwy, is a residential and commercial Detroit neighborhood with freeway edges and broad arterial streets. The neighborhood’s character concentrates around the Schoolcraft Rd & Southfield Fwy interchange, where service plazas, auto shops, and fast-casual counters cluster under constant traffic. Housing reads as modest brick ranches and low-rise apartments set behind deep lawns and driveways. Rouge Park’s trails and open fields shape the outdoor rhythm nearby. The MotorCity Casino Hotel and the historic Baker’s Keyboard Lounge add nightlife and live-music gravity within a short drive. Daily errands orbit along Schoolcraft and nearby Grand River Ave corridors.

Provided by Walk Score and Local Logic

Market insights

16005 Schoolcraft St · $224,900

DAYS ON MARKET

The average home goes pending in 26 days.

SALE-TO-LIST

Most homes are selling 2% below list price.

LIST PRICE

Median sale price in this area is $214,556. (5% lower than this home)

PRICE DROP

22% of homes in this area have had a price drop in the past month.

Property details

Interior
Exterior
Finance

Bathrooms
8 full bathrooms

Heating & cooling
Forced-air heating

Sale and tax history for 16005 Schoolcraft St

Sale History
Tax History

Date

Event

Price

MiRealSource-MiMLS #61040860

Oct 21, 2026

Listed

$224,900

$32/sq ft

REALCOMP #20261085539

Oct 21, 2026

Listed

$224,900

$32/sq ft

Great opportunity to add an 8-unit multifamily property to your investment portfolio. This property features a common entry and offers potential for investors looking to expand their rental holdings and generate additional income. Whether you’re an experienced investor or looking to grow your portfolio, this property presents an opportunity to explore. Property is being sold AS IS. Buyer and buyer’s agent to verify all information, including property details, condition, zoning, and rental potential.

LEASESTAR #1

Dec 3, 2024

Rental Removed

—

Oct 26, 2024

Listed for Rent

—

Sep 12, 2024

Rental Removed

—

Jun 11, 2024

Listed for Rent

—

May 29, 2024

Rental Removed

—

May 7, 2024

Listed for Rent

—

Apr 27, 2024

Rental Removed

—

Jul 27, 2023

Listed for Rent

—

Jul 23, 2023

Rental Removed

—

Jul 18, 2023

Listed for Rent

—

Jul 11, 2023

Rental Removed

—

MiRealSource-MiMLS #60281140

Mar 1, 2024

Listing Removed

—

Jan 5, 2024

Listed

$549,999

$79/sq ft

REALCOMP #20240001124

Feb 29, 2024

Listing Removed

—

Jan 5, 2024

Listed

$549,999

$79/sq ft

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

60 ft.

Lot depth

100 ft.

Lot size

—

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Single Family Residential

County

Wayne County

APN

—

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 3, 2023.

General Business District

The B4 General Business District provides for business and commercial uses of a thoroughfare-oriented nature. In addition to these uses, other businesses, which may benefit by drawing part of their clientele from passing traffic are permitted. Additional uses, which may be successfully blended with permitted by-right uses, are conditional.

Permitted uses

Include but are not limited to:

Automotive sales
General retail
Restaurant
Hospital / medical center
Housing-Group
Housing-Senior
Housing-Student
Manufacturing
Mixed use building
Office

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 98° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 5 days in 30 years

Provided by First Street

Historical weather

Detroit, MI • 48227 4938

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

86/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Detroit. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.3 hrs

5.5 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 16005 Schoolcraft St

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New listings for sale in 48227 4938

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Details provided by MiRealSource-MiMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Market insights

Property details

Sale and tax history for 16005 Schoolcraft St

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 16005 Schoolcraft St

Early Access listings

Nearby similar homes

New listings for sale in 48227 4938

More real estate resources