**Turnkey Investment Opportunity – Tenant Occupied, Fully Updated 3 Bed/2 Bath Home**
Looking for a hassle-free investment? Look no further! This beautifully updated 3-bedroom, 2-bathroom home offers a solid return with a current tenant in place, generating $1,344 per month in rental income. The home has been fully updated with contemporary finishes, offering a sleek and stylish living space. Expanding the living area, the finished basement adds extra value and versatility to this property.
This is a turnkey investment that requires minimal effort on your part. With a reliable tenant already in place, you can start earning income immediately. Property showings will be available the week of September 9, 2024. However, due to tenant occupancy, showings will be prioritized for those who submit an offer. Don’t miss out on this incredible opportunity—submit your offer today to secure a showing!
More photos are coming soon—stay tuned!
Sold for $138,000
$138,000
16887 Cheyenne St, Detroit, MI 48235
4beds
1,378sqft
Single Family Residence
Built in 1940
3,920.4 Square Feet Lot
$146,900 Zestimate®
$100/sqft
$1,402 Estimated rent
Home value
$146,900
$131,000 - $165,000
$1,402/mo
Zestimate® history
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Owner options
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$1,402/mo
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Learn more$1,402/mo
Rent Zestimate®
Refinance and save
$981/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: August 02, 2025 at 10:30pm
Listed by:
Martin Hill 248-264-1700,
Century 21 Curran & Oberski,
Isaac Dean 248-264-1700,
Century 21 Curran & Oberski
Bought with:
Katherine Hanawalt, 6501445582
Good Company
Source: Realcomp II,MLS#: 20240065357
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Appliances
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room, Washer Hookup
Features
- Basement: Full,Unfinished
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total interior livable area: 1,378 sqft
- Finished area above ground: 1,378
Property
Parking
- Parking features: Driveway, No Garage
Features
- Levels: One and One Half
- Stories: 1
- Entry location: GroundLevelwSteps
- Patio & porch: Deck, Porch
- Pool features: None
Lot
- Size: 3,920 sqft
- Dimensions: 38.00 x 107.00
Details
- Parcel number: W22I026032S
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1940
- Major remodel year: 2022
Utilities & green energy
- Electric: Service 100 Amp
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Above Ground Utilities
Community & neighborhood
Location
- Region: Detroit
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/25/2024 | Sold | $138,000-7.4%$100/sqft |
Source:  Realcomp II #20240065357 Report a problem | ||
| 10/21/2024 | Pending sale | $149,000$108/sqft |
Source: Realcomp II #20240065357 Report a problem | ||
| 9/5/2024 | Listed for sale | $149,000+16.4%$108/sqft |
Source: Realcomp II #20240065357 Report a problem | ||
| 11/28/2022 | Sold | $128,000+100%$93/sqft |
Source: Realcomp II #20221064578 Report a problem | ||
| 9/16/2022 | Listing removed | -- |
Source: Zillow Rental Network Premium Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $41,700 +24.5% |
| 2024 | -- | $33,500 +18.4% |
| 2023 | -- | $28,300 +42.2% |
Find assessor info on the county website
Neighborhood: Harmony Village
Nearby schools
GreatSchools rating
- 4/10King John R. Academic And Performing Arts AcademyGrades: PK-8Distance: 0.8 mi
- 3/10Ford High SchoolGrades: 9-12Distance: 3.5 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$146,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$146,900
- Michigan
- Wayne County
- Detroit
- 48235
- Harmony Village
- 16887 Cheyenne St