8494 Heyden, Detroit, MI 48228, USA For Sale

  • $ 44,900
  • 3 beds
  • 1 baths
  • 722 sqft

Investment Potential:
This property presents a strong entry-level investment opportunity in a stable Detroit neighborhood known for consistent rental demand and active investor interest. The home features a functional 3-bedroom layout within a compact footprint of 722 sq. ft., making it well suited for a cost-effective renovation. The structure appears solid and manageable, allowing investors to focus primarily on cosmetic improvements such as updated flooring, paint, kitchen and bath finishes, and exterior curb appeal. The efficient size of the property keeps renovation budgets controlled while still creating a product that appeals to both retail buyers and tenants.

With an asking price of $44,900 and an ARV of $110,000, this deal offers a healthy margin for both a quick fix-and-flip or a long-term buy-and-hold strategy. The surrounding area continues to attract investors due to its affordability and reliable rental demand, making it easy to reposition the property as a cash-flowing rental once updated. Investors can capitalize on the low acquisition cost and manageable renovation scope to either resell quickly or stabilize the home as a performing asset with strong long-term potential.

Asking Price: $44,900
ARV: $110,000.00
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SHOWING: Tuesday, March 24th at 12:00 PM

Details


✅ 3 Bedrooms / 1 Bathroom
✅ 722 sq. ft
✅ Lot Size: 4,878 sq. ft.
✅ Year Built: 1951
✅ One-car garage
✅ Full basement

📅 Closing: By 06/12/2026
💵 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:
$ 44,900
Address:
8494 Heyden
Detroit, MI 48228
Square Feet:
722
Lot Size:
4,878
Bedrooms:
3
Bathrooms:
1
Terms:
For Sale
Property Type:
Home
Year Built:
1951
Basement:
Full Basement
Const. Type:
Single Family
MLS #:
OFF

Call 248-838-0975 for more details

Property Location