16191 Ferguson St, Detroit, MI 48235
- $94,900
- 3
- BD
- 1
- BA
- 1,071
- SqFt
- Sold Price
- $94,900
- List Price
- $89,900
- Closing Date
- Sep 17, 2025
- MLS#
- 20250034465
- Status
- CLOSED
- Bedrooms
- 3
- Bathrooms
- 1
- Total Square Footage
- 1,071
- Subdivision
- B E TAYLORS RAINBOW SUB ( PLATS)
Property Description
Classic charm meets reliable investment potential in this solid 1947 brick home located at 16191 Ferguson St. Currently leased to a dependable Section 8 tenant at $1,100/month—with consistent, on-time payments and strong potential for increased market rent—this property offers immediate cash flow for investors. The home features a practical 3-bedroom, 1-bath layout with a warm and inviting fireplace, forced-air heating, and a partially finished basement perfect for additional living space, a home office, or gym. Additional highlights include an attached garage, fenced backyard for privacy, and a desirable location in Detroit’s Crary neighborhood, just minutes from Grand River Avenue and major freeways. While formal renovation records are limited, the home includes durable brick construction, an asphalt roof reportedly in good condition, working kitchen appliances (included in the sale), and a finished basement section. Ideal for both owner-occupants and savvy investors looking for a turnkey opportunity with value-add potential.
Additional Information
- Year Built
- 1947
- Basement Type
- Unfinished
- Foundation
- Basement, Block
- Acres
- 0.10
- Style
- Ranch
- Acres
- 0.10
- School District
- Detroit
- Heating
- Forced Air, Natural Gas
- Garage Spaces
- 1
- Garage Description
- 1 Car, Attached, Direct Access, Garage Door Opener
Mortgage Calculator
Courtesy of EXP Z Real Estate 2489371337
Selling Office: KW Metro.
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