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Detroit, MI, 48238 • Northwest • Wayne County
$23/sqft
-$9,500 since Mar 12, 2026
Down payment assistance available
2Beds
1Baths
876Sqft
0.09 acLot
1924Built
Ranch Style
Built 1924 · 102 years of history
WYOMING HEIGHTS
Northwest
This home is getting attention
Listed 55 days ago · 503 views · 53 saves
Demand and pricing signals for this listing
503 views
People checking out this listing
53 saves
Buyers have saved this home
55 days on market
Established listing
$23/sqft
Price per square foot
Single Family · Built 1924 · Historic
This 2-bed, 1-bath ranch sits on a corner lot with high ceilings, amazing natural light, a full basement, and a large attic, offering the kind of structure investors look for when building long-term cash flow. The seller has already absorbed the major capital expenses that typically stall deals or blow up budgets: a new roof, premium windows from Los Angeles, all new plumbing, and a full interior gut and rebuild. Drywall and paint are complete, the bathroom is prepped for final finishes, and the kitchen is partially installed with custom cabinetry and ready for cosmetic completion. The front of the home has been updated with new stucco, and a new paver walkway is already in place. The remaining work is straightforward and strategic: final cosmetics, some electrical and addressing the foundation, which will likely require attention but does not negate the solid structure already in place. This is not a scenario where hidden systems or deferred maintenance will erode returns. The heavy lifting is already done, allowing an investor to control costs and timelines. Directly across the street on Washburn, three lots are owned by the Detroit Land Bank Authority, presenting future potential to expand your footprint or benefit from surrounding redevelopment. The area is actively improving, with a strong investor presence and continued momentum. Projected rental income supports an estimated ARV of approximately $1,100–$1,200 per month, positioning this property as a great buy-and-hold opportunity as well. The home is being sold as-is with a free and clear title.
Standout features identified
Our analysis highlights full basement, all new plumbing, and large attic as key attractions of this home.
Based on current rates
Est. 6.75% rate · 30yr fixed · $16,000 loan
Full calculator →Key facts and listing details
5 categories of property features
6 rooms detailed
Bedroom
EntryBedroom
EntryOther
EntryDining Room
EntryKitchen
EntryLiving Room
EntryMarket data and value estimates
2 schools rated nearby
Detroit, MI, 48238
5 events
20 years of records
Local context around this listing
Detroit, MI • Wayne County
Nearby neighborhoods
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Nearby zip codes
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