Here's a great opportunity to jump into the multi-family investment market for a great price in a good location! This 4-unit property is in great overall shape, but interior needs some rehab to get units ready for rent. Seller also owns and has listed 16241 E Seven Mile and is willing to sell the two together on a discount. That building has 3/4 units rented with long term tenants and 4th unit in good condition up for lease. Seller will give a discount if you buy both buildings.
Regent Park, located between Outer Drive and Eight Mile Road, is a residential and commuter-friendly Detroit neighborhood with mid-century ranch homes and broad, tree-lined streets. The neighborhood’s character concentrates around the Outer Drive and Kelly Road corridor, where corner markets, takeout counters, and service shops set a steady, everyday rhythm. Brick single-story houses, tidy setbacks, and long blocks give the area a low-profile architectural identity. Rouge Park’s trails and open fields shape local routines with big-sky green space nearby. The Detroit Riverfront and Belle Isle sit within a short drive for waterfront walks and museum stops.
Provided by Walk Score and Local Logic
Market insights
19161 Kelly Rd · $200,000
DAYS ON MARKET
168 days
The average home goes pending in 74 days.
SALE-TO-LIST
93.9%
Most homes are selling 6% below list price.
LIST PRICE
$200,000
Median list price in this area is $152,578. (24% lower than this home)
PRICE DROP
0 price drops
18% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Basement with block construction
Bedrooms
Total of 4 units (multifamily)
Bathrooms
4 total bathrooms
Heating & cooling
Hot water heating
Natural gas fuel
Exterior features
Brick exterior
Paved street frontage
Frontage of 60 feet
Home design
Multi-family property
2-story building
Built in 1954
Construction
Basement foundation
Utilities
Public water
Natural gas
Financial info
4 total units
Net operating income: $33,000
Total expenses: $15,000
Electricity and solar
View estimated energy costs and solar savings for this home
Here's a great opportunity to jump into the multi-family investment market for a great price in a good location! This 4-unit property is in great overall shape, but interior needs some rehab to get units ready for rent. Seller also owns and has listed 16241 E Seven Mile and is willing to sell the two together on a discount. That building has 3/4 units rented with long term tenants and 4th unit in good condition up for lease. Seller will give a discount if you buy both buildings.
MiRealSource-MiMLS #60985493
Apr 20, 2026
Listed
$200,000
$79/sq ft
Public Records
Nov 18, 2024
Sold
$170,000
$67/sq ft
Public Records
Jan 15, 2013
Sold
$39,250
$15/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,927 (+416.4%)
2024
$1,148 (+4.5%)
2023
$1,098 (+2.9%)
2022
$1,066 (+2.6%)
2021
$1,039
2020
$1,039 (+1.5%)
2019
$1,024 (−5.9%)
2018
$1,088 (+0.4%)
2017
$1,083 (−0.3%)
2016
$1,087 (−10.2%)
2015
$1,211 (−15.0%)
2014
$1,425
Public record
Public record
Zoning
Beds
—
Baths
2.5
Stories
2
Lot width
78 ft.
Lot depth
68 ft.
Lot size
5,227 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
2,546
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,546
Year built
1954
Style
Townhouse
County
Wayne County
APN
21057214-5
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 8, 2026.
R2
Two-Family Residential District
The R2 Two-Family Residential District is designed to protect and enhance those areas developed or likely to develop with single- or two-family dwellings. The district regulations are designed to promote a suitable environment for homes and for activities connected with family life. The only principal uses permitted by right are single- and two-family dwellings. Additional uses are conditional.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
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 95° 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 • 48224
Average low and high temperatures (°F)
28
17
34
21
50
33
59
42
66
50
80
63
84
69
78
64
75
58
65
49
50
39
37
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
92/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 16% for direct sun exposure in Detroit. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.9 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 19161 Kelly Rd
$188,712
$11K under list price of $200K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $59K to $128K.