Wayne County, Detroit, MI 48238
5 bd2 ba1,276 sfBuilt 1927
Gross spread$125,000
Description
Property Overview: Address: 14039 Roselawn St, Detroit, MI 48238 Property Type: Multi-Family (2-Unit Duplex) Condition: Full Rehab Needed (Blank Canvas) Estimated ARV: $150,000+ Investment Highlights: Double the Income: Outstanding 2-unit layout offering separate entry points—ideal for maximizing monthly cash flow with a long-term buy-and-hold strategy or a BRRRR deal. Prime Value-Add Opportunity: Needs a complete gut/renovation, giving you full control over design, layouts, and finish quality to capture top-market rents. Emerging Location: Situated in a revitalizing pocket of West Detroit (48238), where renovated single-family homes and multi-families are seeing steady appreciation and strong tenant demand. Flexible Exit Strategies: BRRRR / Buy & Hold: Rehab both units, rent out, refinance, and hold for strong double-digit cash-on-cash return. Fix & Flip: Finish both units out for a high-margin sale to an end-user or portfolio investor. Property Details: Units: 2 Units Structure: Classic Detroit brick/frame multi-family structure Basement: Full / Unfinished (great for utility access & storage) Occupancy: Vacant at closing—start demo immediately! Access & Closing Terms: Access: Contact for walkthrough Earnest Money Deposit (EMD): $1500 Terms: Cash or Hard Money Only | Buyer pays all closing costs & title fees. Closing: Fast closing available. Interested? Direct message or call/text Jacob Farrelly at [contact details hidden] to lock this deal down before it's gone!
$/sqft vs market
Median of 30 comparable listings matched on city + property type. A narrow sample moves a lot; read it as context, not as a valuation.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Seller
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