This solid brick bungalow in Detroit presents an attractive opportunity for investors looking to add a proven rental property to their portfolio. Offered at $79,900, 16814 Lilac St features three bedrooms, one full bathroom, approximately 1,238 square feet of living space, and a manageable 0.07-acre lot.
Built in 1928, the home carries the classic character of an older Detroit residence while offering a straightforward layout that can appeal to both investors and future homeowners. The brick exterior provides a traditional appearance and contributes to the property’s established neighborhood presence.
Inside, the approximately 1,238-square-foot floor plan provides three bedrooms and one full bathroom, giving the property a practical configuration for rental use. Hardwood flooring adds character throughout much of the home, while neutral interior finishes create a flexible foundation for future improvements or continued rental occupancy.
The main living room offers a comfortable gathering area and includes a decorative fireplace feature that adds visual character. A separate formal dining room provides additional space for meals and entertaining, while the kitchen includes a breakfast nook that can be used for casual dining or extra seating.
A full basement provides valuable additional space for storage, mechanical equipment, organization, or future improvement depending on the buyer’s plans. The property also includes a covered front porch and a backyard area that can provide outdoor space for residents, gardening, or relaxation.
From an investment perspective, the property is currently tenant occupied. The existing long-term tenant is paying $950 per month on a month-to-month lease, creating an opportunity for a buyer seeking an income-producing property from day one. The current rental arrangement also provides flexibility for an investor who may eventually choose to renovate, reposition the property, or continue the existing rental strategy.
The location adds another important advantage. The home is situated in Detroit’s Fitzgerald neighborhood and offers convenient access to West McNichols Road, with the University of Detroit Mercy only a few minutes away. Nearby amenities include parks, grocery stores, restaurants, coffee shops, schools, and major transportation routes, including access toward the Lodge Freeway.
For an investor, the combination of an affordable acquisition price, existing rental income, brick construction, three-bedroom layout, basement, and established Detroit location makes this property worth a closer look. For an owner-occupant with a long-term vision, the home also provides an opportunity to purchase a traditional Detroit bungalow and gradually personalize it over time.
Whether the goal is to expand a rental portfolio, maintain an existing income-producing property, or create a future personal residence, 16814 Lilac St offers a versatile starting point with strong potential for the right buyer.
listed on zillow
