Investment Potential:
This classic duplex presents a strong income-producing opportunity in a Detroit area known for consistent Section 8 demand and stable rental performance. Each unit offers a spacious 3-bedroom, 1-bath layout, providing a total of over 2,100 sq. ft., making it highly attractive for tenant occupancy and long-term cash flow. The structure reflects solid 1920s construction with a layout that supports efficient updates, allowing investors to focus on cosmetic improvements and minor system upgrades to bring both units to full rental condition.
With an asking price of $64,900 and an ARV of $160,000, this deal offers both strong equity potential and immediate income upside. Section 8 rents in the area average around $1,500 per unit, creating the potential for $3,000/month in gross income once stabilized. Investors can capitalize by renovating, placing tenants, and executing a refinance strategy to recover capital while holding a high-performing asset. This is a textbook opportunity with strong cash flow, solid appreciation potential, and multiple exit strategies.
Asking Price: $64,900
ARV: $160,000
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HOUSE ACCESS: Friday, April 24th at 12:00 PM
Details
✅ Duplex – 3 Bedrooms / 1 Bathroom (Each Unit)
✅ 2,112 sq. ft
✅ Lot Size: 3,310 sq. ft.
✅ Year Built: 1925
✅ Driveway parking
✅ Full basement
📅 Closing: By 07/31/2026
💵 EMD: Required within 24 hrs of signing
👥 Buyer Agents: Welcome – 2.7% commission
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📞 Call/Text: 248-838-0975
📧 Email: office@reidailydeals.com