16914 Monica St, Detroit, MI, 48221
About This Home
***LOCATION LOCATION LOCATION PROPERTY LOCATED WITHIN WALKING DISTANCE FROM DETROIT MERCY UNIVERSITY **** (1 bed, 1 bath , kitchen, Dining room and living Room *** Great Money Maker TOTAL RENOVATED AND 100% RENTED !!!New Roof, New Windows, New Gutters ,New Electrical System, New Plumbing, New Furnaces and New Hot water tanks , Beautiful Kitchen with new cabinets, stunning ceramic tile floors, totally renovated baths and new carpet on every bedroom. ***One of the members of the LLC holding title on the property has a Real Estate Broker License in the State of Michigan***.
Getting Around
Very Walkable
Good Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1930
Materials
- Foundation: Basement,Brick Mortar
- Construction materials: Brick
Notable Dates
- Major remodel year: 1930
Type & Style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subType: Duplex
Interior
Basement
- Has basement: Yes
- Basement: Partially Finished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Features
- Finished area below ground: 1,200
- Finished area above ground: 3,123
Heating
- Heating features: Hot Water,Natural Gas
Interior Area
- Total interior livable area: 4,323 sqft
Property
Details
- Parcel number: 16021283.
- Zoning description: MultiFamily
- Special condition: Short Sale No,Standard
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Lot size: 4,791 sqft
- Lot size dimensions: 44 x 111
Parking
- Total spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Strong Wind
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Wayne County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,744 | $20,928 |
| Home Insurance * | $493 | $5,916 |
| Property Taxes | $422 | $5,064 |
| Electricity | $471 | $5,658 |
| Total | $3,130 | $37,560 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-12 | Price change | $345,000 |
| 2025-11-20 | Price change | $365,000 |
| 2025-10-02 | Price change | $389,000 |
| 2025-09-01 | Price change | $395,000 |
| 2025-07-28 | Price change | $400,000 |
| 2025-06-11 | Price change | $425,000 |
| 2025-05-19 | Price change | $435,000 |
| 2025-03-26 | Price change | $495,000 |
| 2025-01-15 | Listed for sale | $525,000 |
| 2020-12-08 | Sold | $50,000 |
| 2020-11-02 | Sold | $25,000 |
View on Zillow