Investment Potential:
This property presents an extremely low entry opportunity at just $16,900, offering a rare chance to acquire a 4-bedroom home well below market value in a Detroit area that continues to see steady investor activity. With over 1,300 sq. ft. and a larger layout than typical properties at this price point, the home provides a strong foundation for a full renovation and value creation. The structure reflects classic 1920s construction, and while the property will require updates throughout, the size and layout allow investors to maximize after-repair value through a well-executed remodel of the interior, systems, and exterior finishes.
With an ARV of $110,000, the spread creates significant upside potential for both fix-and-flip and long-term rental strategies. The surrounding location continues to attract investment due to affordability and ongoing improvements in the housing stock, supporting both resale demand and rental performance. Investors can capitalize on the low acquisition cost to complete a full transformation and either resell at a strong margin or stabilize the property as a cash-flowing rental. This is a high-upside project where the entry price creates a clear advantage and multiple profitable exit paths.
Asking Price: $16,900
ARV: $110,000
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SHOWING: Thursday, March 26th at 12:00 PM
Details
✅ 4 Bedrooms / 1 Bathroom
✅ 1,365 sq. ft
✅ Lot Size: 5,706 sq. ft.
✅ Year Built: 1926
✅ Driveway parking
✅ Full basement
📅 Closing: By 04/16/2026
💵 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