Investment Potential:
Priced at just $29,900 with an estimated ARV of $130,000, this solid 3-bedroom home offers a low entry point in Detroit’s 48223 area. The property reportedly requires minimal work, allowing an investor to focus on targeted cosmetic updates while keeping renovation costs and project time under control.
With a practical 1,053-square-foot layout and significant room between the asking price and projected ARV, this deal is well positioned for a fix-and-flip. It also offers long-term rental potential in an established neighborhood, giving investors multiple ways to capitalize on the property.
Asking Price: $29,900
ARV: $130,000
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Details
✅ 3 Bedrooms / 1 Bathroom
✅ 1,053 sq. ft.
✅ Lot Size: 4,007 sq. ft.
✅ Full Basement
✅ One-Car Garage
✅ Single Family
✅ Year Built: 1958
📅 Closing: By 10/23/2026
💵 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