Investment Potential:
Priced at $36,900 with an estimated ARV of $110,000, this vacant 4-bedroom, 2-bath home offers strong value-add potential in Detroit’s 48238 market. With 1,512 square feet and a desirable bedroom and bathroom count, the property provides an attractive foundation for renovation and can be worked on immediately without tenant-related delays.
A focused rehab can reposition the home for a profitable resale while capturing the substantial spread between the purchase price and ARV. Its spacious layout also supports BRRRR or long-term rental strategies, giving investors multiple exit options in an affordable Detroit neighborhood.
Asking Price: $36,900
ARV: $110,000
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Details
✅ 4 Bedrooms / 2 Bathrooms
✅ 1,512 sq. ft.
✅ Lot Size: 4,660 sq. ft.
✅ Full Basement
✅ Driveway
✅ Single Family
✅ Year Built: 1921
📅 Closing: By 09/23/2026
💵 EMD: Required within 24 hrs of signing
👥 Buyer Agents: Welcome – 2.7% commission
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📧 Email: office@reidailydeals.com