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Riverdale Multifamily Home for Sale

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    $86,500

    • 3 Beds
    • 2 Baths
    • 1,551 Sq Ft

    16845 Dolphin St, Detroit, MI 48219

    TENANT OCCUPIED UPPER/LOWER MULTI FAMILY PROPERTY! THIS PROPERTY IS LOCATED SOUTH OF MCNICHOLS AND WEST OF LAHSER. BOTH UNITS ARE CURRENTLY OCCUPIED BY MONTH TO MONTH TENANTS. LOWER UNIT IS A 2 BEDROOM/1 BATH UNIT. RENT IS 850 PER MONTH AND A 850 SEC DEP IS HELD. THEY HAVE BEEN IN THE PROPERTY SINCE 2/1/24. THE UPPER UNIT IS A 1 BEDROOM/1 BATH UNIT. RENT IS 750 PER MONTH AND THERE IS A 1125 SEC

    Mark Hutter Detroit Investment Company

    16845 Dolphin St, Detroit, MI 48219

Why Live in Riverdale

Riverdale, a suburb in western Detroit, offers a walkable environment with access to numerous greenspaces and a trickling stream. The neighborhood features a variety of early and mid-20th century architectural styles, including Tudor Revival, bungalows, ranch homes, and Craftsman homes with wide front porches. Many homes are well-maintained and situated on large lots, providing ample space for landscaping and outdoor activities. Residents enjoy the classic suburban vibe with sidewalks, mature trees, and leafy foliage. Public greenspaces such as Riordan Park, James T. Hope Playfield Park, Crowell Recreation Center, and Eliza Howell Park are easily accessible, offering sport courts, playgrounds, and walking trails. The Rouge River Parkway, with its proposed 12-mile Rouge River Greenway, promises future connectivity to nearby parks and recreational amenities. Dining and grocery options are plentiful along Grand River Avenue and Fenkell Avenue, featuring eateries like Maty’s Cuisine and Scotty Simpson’s Fish & Chips, as well as a Meijer supermarket and a weekly farmer’s market at Brightmoor Artisans Collective. The Redford Theatre provides entertainment with its screenings of Hollywood classics and independent films. Public transportation is robust, and major roadways offer a 20-minute commute to downtown Detroit. The Charles Wright Academy of Arts and Science is a notable option for students excelling in arts and science.

Home Trends in Riverdale, MI

Housing Trends

Median Sale Price
$444,842
Median Single Family Sale Price
$550,000
Median Townhouse Sale Price
$399,685
Median 2 Bedroom Sale Price
$325,000
Average Price Per Sq Ft
$268
Number of Homes for Sale
7
Last 12 months Home Sales
50
Months of Supply
1.70
Median List Price
$537,990
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
15%
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