Investment Potential:
Priced at $24,900 with an estimated ARV of $75,000, this 2-bedroom home offers a low-cost entry into Detroit’s 48234 market. Its compact 680-square-foot layout gives investors a manageable project where targeted repairs and cosmetic updates can add value without renovating a large property.
An investor could update the home for resale or prepare it as an affordable long-term rental. The gap between the asking price and projected ARV creates room to pursue either strategy, with the outcome depending on the property’s repair needs and renovation costs.
Asking Price: $24,900
ARV: $75,000
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Details
✅ 2 Bedrooms / 1 Bathroom
✅ 680 sq. ft.
✅ Lot Size: 3,659 sq. ft.
✅ Single Family
✅ Year Built: 1943
✅ Vacant at Closing
📅 Closing: By 10/14/2026
💵 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