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16191 FERGUSON Street Detroit, MI 48235
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Key Details
Property Type Single Family Home
Sub Type Ranch
Listing Status Sold
Purchase Type For Sale
Square Footage 1,071 sqft
Price per Sqft $88
Subdivision B E Taylors Rainbow Sub ( Plats)
MLS Listing ID 20250034465
Sold Date 09/17/25
Style Ranch
Bedrooms 3
Full Baths 1
HOA Y/N no
Year Built 1947
Annual Tax Amount $2,129
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 40.00 x 107.00
Property Sub-Type Ranch
Source Realcomp II Ltd
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.
Location
State MI
County Wayne
Area Det - Schcraft-6 Grnfld-Limits
Direction S of Outer Dr E of Southfield
Rooms
Basement Unfinished
Interior
Hot Water Natural Gas
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Exterior Feature Fenced
Parking Features Direct Access, Door Opener, Attached
Garage Description 1 Car
Fence Back Yard, Fenced
Roof Type Asphalt
Road Frontage Paved
Garage yes
Private Pool No
Building
Foundation Basement
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Ranch
Warranty No
Level or Stories 1 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W22I063799S
Ownership Short Sale - No,Private Owned
Assessment Amount $250
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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