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Image 1 - 16501 Fairmount Dr, Detroit, Michigan, 48205 - House for sale
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Image 4 - 16501 Fairmount Dr, Detroit, Michigan, 48205 - House for sale
Home For Sale In Detroit, Michigan
16501 Fairmount Dr, Detroit, Michigan, 48205

Home For Sale In Detroit, Michigan

house for sale
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Listed: 04/15/24

16501 Fairmount Dr, Detroit, Michigan, 48205

3 Bed:
1 Bath:
931 Sq Ft Living Area:
Save
Price
$ 59,990
Price:  Lower

About This House

Investor Special! This 3 bdrm Bungalow is located developing locations near kelly and 8 mile. Minor repairs to get it section 8 ready! Great potential to add to your rental portfolio!

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Regent Park Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In May 2024, the asking price for 3 bed houses for sale in/near Regent Park, Detroit, United States averaged $72,171, an increase of 18.4% from the previous month.
Median price trends for properties for sale in Regent Park, Detroit, United States as of May 2024.

Household Income

Median household income: $31,283
Number of households: 266,333
The average household income in Detroit, MI grew from $30,344 to $31,283 in the past year. This data is an estimate based upon 266,333 households in Detroit, MI.
The chart below presents how household income is distributed in Detroit, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Detroit, MI compared to median property taxes around the country. The prevalent amount of property taxes in Detroit, MI equals $800-$1,500 , which is less than the national average.