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16931 Prairie St, Detroit, MI, 48221

5beds
2baths
2,700sqft
$229,800
$85price/sqft
$2,064/moest. monthly cost
$82,560/yrincome needed

About This Home

Experience a blend of contemporary style and investment potential in this beautifully remodeled 2,200-square-foot home. Strategically located near the University of Detroit Mercy, this expansive move-in-ready property has been transformed with a modern kitchen featuring new cabinetry and countertops, sleek flooring, and upgraded fixtures throughout. Designed for maximum versatility, the 2,200-square-foot layout is divided into two independent units, offering a bright and efficient living space on every level. Each floor boasts its own separate HVAC system, water heater, and individual gas/electric meters—ideal for an owner-occupant looking to "house hack" or an investor seeking a low-maintenance, high-quality asset. With all-new mechanicals and significant living space in a prime location, this property is a rare find. Schedule your showing today and secure a turnkey opportunity in a high-demand neighborhood!

Getting Around

72
WalkingVery Walkable
50
TransitGood Transit
47
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Basement,Brick Mortar
  • Construction materials: Brick

Notable Dates

  • Major remodel year: 2025

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

  • Level: Entry
  • Area: 100
  • Dimensions: 10 X 10

Bedroom

  • Level: Second
  • Area: 144
  • Dimensions: 12 X 12

Bedroom

  • Level: Second
  • Area: 144
  • Dimensions: 12 X 12

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: Entry
  • Area: 120
  • Dimensions: 12 X 10

Features

  • Finished area below ground: 500
  • Finished area above ground: 2,200

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 2,700 sqft

Kitchen

  • Level: Entry
  • Area: 140
  • Dimensions: 10 X 14

Kitchen

  • Level: Second
  • Area: 140
  • Dimensions: 10 X 14

Living Room

  • Level: Entry
  • Area: 224
  • Dimensions: 16 X 14

Living Room

  • Level: Second
  • Area: 224
  • Dimensions: 16 X 14

Other

  • Level: Entry

Other

  • Level: Entry

Primary Bedroom

  • Level: Entry
  • Area: 144
  • Dimensions: 12 X 12

Primary Bedroom

  • Level: Second
  • Area: 168
  • Dimensions: 12 X 14

Property

Details

  • Parcel number: W16I023242S
  • Special condition: Short Sale No,Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: GroundLevelwSteps
  • Pool features: None

Lot

  • Lot size: 4,341 sqft
  • Lot size dimensions: 38 x 114.26

Parking

  • Parking features: No Garage

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
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Wayne County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $1,161$13,932
Home Insurance *$328$3,936
Property Taxes $281$3,372
Electricity $294$3,534
Total$2,064$24,768
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$70,765/yr
40% on housing$61,920/yr
45% on housing$55,040/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

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.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$85This listing

vs Other Active Listings

Avg $/sqft

ZIP 48221$93
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48221$102
Wayne County$129

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

DateEventPrice
2026-05-13Price change$229,100
2026-04-24Listed for sale$229,000
2024-02-26Sold$51,000
2016-02-17Sold$3,900
2015-07-16Listing removed$32,900
2015-05-08Listed for sale$32,900

For Sale by Agent

AgentFrank Miley
BrokerageEmpire Realty Group

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