2303 Pasadena St, Detroit, MI 48238, USA For Sale

  • $36,900
  • 6 beds
  • 4 baths
  • 5,000 sqft

Investment Potential:
This property presents a rare multifamily value-add opportunity in the Detroit market, where 4-unit buildings with strong upside continue to attract investor demand and long-term cash flow potential. The property features a 4-unit layout (each configured as a 2-bedroom, 1-bath) with approximately 5,000 sq. ft. of total living space, offering significant scale and income-producing potential. The building will be delivered vacant at closing, allowing full control over renovations and lease-up strategy from day one.

With an asking price of $36,900 and an ARV of $230,000, this deal provides an exceptional spread and multiple profitable exit strategies. Investors can complete a full value-add renovation and reposition the property as a stabilized cash-flowing multifamily asset, execute a BRRRR strategy, or pursue a resale after improvements. The combination of low entry cost, strong ARV upside, and four-unit income potential makes this a standout investment opportunity.

Asking Price: $36,900
ARV: $230,000
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HOUSE ACCESS: Thursday, June 11th, 2026 at 12:00 PM

Details

✅ Multifamily – 4 Units (2 Bedrooms / 1 Bathroom Each)
✅ Size: 5,000 sq. ft.
✅ Lot Size: 0.120
✅ Year Built: 1927
✅ Garage: Driveway
✅ Full Basement
✅ Occupancy: Vacant at Closing
✅ Value-Add Opportunity

📅 Closing: By 07/01/2026
💵 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:
$36,900
Address:
2303 Pasadena St
Detroit, MI 48238
Square Feet:
5,000
Bedrooms:
6
Bathrooms:
4
Terms:
For Sale
Property Type:
Duplex
Year Built:
1927
Basement:
Full Basement
Const. Type:
Duplex
MLS #:
OFF

Call 248-838-0975 for more details

Property Location