Investment Potential:
This single-family property presents a strong low-entry investment opportunity in Detroit, a market with steady investor activity and consistent rental demand. Featuring a functional 2-bedroom, 1-bath layout with approximately 900 sq. ft. of living space, the property offers an efficient footprint ideal for both fix-and-flip and long-term rental strategies. The home appears to be in solid overall condition, allowing investors to focus primarily on light cosmetic updates rather than major structural repairs. With a full basement, two-car garage, and vacant possession at closing, this is a straightforward project with multiple value-add opportunities.
With an asking price of $29,900 and an ARV of $125,000, this deal offers a significant spread and strong upside potential. Investors can complete a clean renovation and reposition the property for resale, or hold it as a cash-flowing rental in an active Detroit rental market. The low acquisition cost, manageable rehab scope, and strong comparable sales make this an attractive opportunity for both experienced and newer investors seeking solid returns with controlled risk.
Asking Price: $29,900
ARV: $125,000
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HOUSE ACCESS: Thursday, May 14th at 12:00 PM
Details
✅ Single Family – 2 Bedrooms / 1 Bathroom
✅ 900 sq. ft
✅ Lot Size: 6,272 sq. ft.
✅ Year Built: 1947
✅ Full Basement
✅ Two-Car Garage
✅ Vacant at Closing
✅ Light Cosmetic Rehab Opportunity
📅 Closing: By 06/04/2026
💵 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