Investment Potential:
Priced at only $14,900 with an estimated ARV of $120,000, this 3-bedroom Detroit property offers an exceptionally low entry point and substantial upside for an investor prepared to complete a full renovation. The compact 975-square-foot layout helps keep rehabilitation costs manageable, while the large spread between the purchase price and projected resale value creates room for improvements, holding expenses, and potential profit.
With the right scope of work, an investor can reposition the property as an affordable renovated home for resale or build long-term equity through a rental or BRRRR strategy. The combination of a minimal acquisition cost, practical three-bedroom layout, and strong value-add potential makes this an attractive opportunity for an experienced cash buyer seeking a high-upside Detroit project.
Asking Price: $14,900
ARV: $120,000
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Details
✅ 3 Bedrooms / 1 Bathroom
✅ 975 sq. ft.
✅ Lot Size: 3,397 sq. ft.
✅ Full Basement
✅ Driveway Parking
✅ Single Family
✅ Year Built: 1922
📅 Closing: By 10/29/2026
💵 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