Photo 1 of 16808 Murray Hill Street
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Active · MLS #81026058535
$87,900 2 bd2 ba926 sqft

16808 Murray Hill Street , Detroit, MI 48235

Est. $987/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1942
Lot0.09 acres
Price/sqft$95
On market0 days

About this home

Attention investors looking for an instant addition to your portfolio! This charming, highly desirable Cape Cod-style home located on Detroit's vibrant west side is fully tenant-occupied and producing reliable income right out of the gate. Featuring 2 bedrooms and 1.5 baths across 926 square feet of well-maintained living space, this property has a spacious living room and dining room with abundant natural light, luxury vinyl plank flooring throughout, updated lighting fixtures, a modern kitchen equipped with quartz countertops and custom cabinetry, and a refreshed bathroom featuring porcelain tile and a modern vanity. The tenant is currently in place paying $1,300 per month, handles all utilities, snow removal, and yard maintenance. Priced aggressively at $87,900 for a quick sale, the motivated seller is ready to move. Clean title included with a warranty deed. Don't miss out on this turnkey cash-flowing asset--schedule your showing or submit your offer today! BATVAI

Monthly payment

$987per month
Principal & interest$500
Property tax, current$251
Homeowners insurance$200
Mortgage insurance (PMI)$36

The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.

The facts

Price$87,900
Beds2
Baths1 full, 1 half
Square feet926
TypeSingle family residence
Subdivision—
CountyWayne
MLS #81026058535
Listed2026-11-04
Days on market0
Year built1942
HeatingForced air, Natural gas
FoundationMichigan basement
Water / SewerCity water & sewer
FireplaceYes
Parcel number22060064
Listing officeeXp Realty, LLC

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value$14,807about $43,950
Yearly property tax$3,008about $2,821

Michigan caps a homeowner's taxable value until the home sells, then it resets. The assessor's state equalized value (SEV) is $30,900. Your taxable value resets to the SEV the year after you buy, and assessors usually raise it to about half the sale price. Estimate uses Detroit's 2025 homestead rate of 64.18 mills and assumes you claim the homestead exemption. See Detroit's full tax breakdown or run the uncapping calculator.

Location

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Greater Metropolitan Association of REALTORS, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-04T21:25+00:00; refreshed at least twice daily.

$87,900Est. $987/mo
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