Available
$62,000(ARV: $200,000)31% of ARV

Wayne County, Detroit, MI 48204

5 bd2 ba2,338 sfBuilt 1914

4 days ago

Gross spread$138,000

Description

Beds: 5 Baths: 2 Living Space: 2,178 SqFt Lot Size: 3,920 SqFt Year Built: 1914 Price: $62,000 ARV: $200,000 Rent Estimate: $1300 Per side / $2600+ Total Photos: [contact details hidden] Notes: Detroit Cash Cow! Multi family property in need of a cosmetic overhaul. Dated rental comps range around $1300 per door. Near Model match flips selling at $200,000+. Don’t miss out on this opportunity! Delivered vacant at close. Comps: $288,000 (Sold on 07/31/2026) [contact details hidden] - 4 Bed / 3 Bath - Duplex Converted to SFR- Nicely Updated $266,000 (Sold on 07/31/2026) [contact details hidden] - 6 Bed / 2 Bath - Duplex - Updated $200,000 (Sold) [contact details hidden] - 6 Bed / 2 Bath - Updated - Similar size to subject $199,000 (Active) [contact details hidden] - 4 Bed / 3 Bath - Dated But clean $199,000 (Active) [contact details hidden] - Near Model Match to subject - Updated - Neighboring to subject $180,000 (Sold on 09/30/2026) [contact details hidden] - 5 Bed / 2 Bath - Similar Size to subject - Updated

$/sqft vs market

This deal$27/sqft
Market median$81/sqft
Difference−67% below

Median of 35 comparable listings matched on city + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms5
Bathrooms2
Square feet2,338
Lot size3,920 sf
Year built1914
ConditionFull Rehab
OccupancyVacant
ParkingAssigned

Systems & condition

HeatingOther
Air conditioningWindow units
FoundationCrawlspace
Foundation conditionGood

Self-reported by the seller. Not inspected.

Property information

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