20501 Moenart St, Detroit, MI 48234, USA For Sale

  • $24,900
  • 3 beds
  • 1 baths
  • 918 sqft

Investment Potential:

This property presents an excellent low-entry investment opportunity with strong upside and very limited renovation risk. With an asking price of just $24,900, the deal offers an affordable path into a fully remodeled 3-bedroom home that appears to require only minimal finishing work or light cosmetic touch-ups. The property’s overall condition suggests that much of the heavy rehab has already been completed, allowing investors to avoid major construction costs and quickly reposition the asset for resale or rental. The functional layout and manageable size make this an efficient project with low carrying costs and fast turnaround potential.

With an ARV of $75,000, this deal provides a strong margin for both fix-and-flip and buy-and-hold investors. Investors can capitalize on the extremely low acquisition cost, complete any remaining updates, and either resell into an active affordable housing market or hold as a cash-flowing rental with strong return potential. Opportunities to acquire a nearly completed project at this price point are rare, making this a highly attractive and low-risk investment play.

Asking Price: $24,900
ARV: $75,000
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HOUSE ACCESS: Tuesday, May 26th at 12:00 PM

Details

✅ Single Family – 3 Bedrooms / 1 Bathroom
✅ 918 sq. ft
✅ Lot Size: 4,791 sq. ft
✅ Year Built: 1940
✅ Full Basement
✅ Driveway Parking
✅ Vacant at Closing
✅ Light Cosmetic / Finishing Opportunity


📅 Closing: By 07/11/2026
💵 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

Price:
$24,900
Address:
20501 Moenart St
Detroit, MI 48234
Square Feet:
918
Lot Size:
4,791
Bedrooms:
3
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1940
Basement:
Full Basement
Const. Type:
Single Family
MLS #:
OFF

Call 248-838-0975 for more details

Property Location