Investment Potential:
This property presents an affordable investment opportunity in Detroit’s 48234 area, offering a low entry price and room to add value through renovation. Featuring 3 bedrooms, 1 bathroom, and approximately 997 sq. ft., the home provides a manageable layout for investors looking to complete needed repairs, update the finishes, and position the property for resale or rental.
With an asking price of $29,900 and an estimated ARV of $85,000, this deal offers a $55,100 difference between the purchase price and projected after-repair value. Whether you’re planning a fix-and-flip or long-term hold, the combination of a low acquisition cost, full basement, one-car garage, and vacant occupancy gives investors multiple potential strategies.
Asking Price: $29,900
ARV: $85,000
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Details
✅ 3 Bedrooms / 1 Bathroom
✅ 997 sq. ft.
✅ Lot Size: 4,181 sq. ft.
✅ Full Basement
✅ One-Car Garage
✅ Single Family
✅ Year Built: 1946
📅 Closing: By 10/18/2026
💵 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