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Detroit, MI 48221
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Listed
Home details as listed · verify independently
Investment Potential:
This property presents a strong value-add opportunity in one of Detroit’s most desirable and rapidly appreciating neighborhoods, where renovated homes are consistently achieving strong resale values—and in some cases exceeding $300,000. The home offers nearly 1,800 sq. ft. with a functional 3-bedroom, 2-bath layout and solid 1930s construction, providing a great foundation for a high-quality renovation. The visible condition suggests the property is well-maintained structurally, requiring mostly cosmetic updates such as flooring, paint, kitchen and bath modernization, and finish work to reach full market potential. This allows investors to avoid heavy rehab while still delivering a product that stands out in a competitive retail market.
With an asking price of $179,900 and an ARV of $275,000, this deal offers a strong spread in an area with proven appreciation and high buyer demand. Investors can capitalize by executing a clean, modern flip tailored to today’s retail standards or by holding the property as a long-term asset in a neighborhood that continues to trend upward. The combination of location, solid condition, and upside potential makes this an ideal opportunity for an efficient, high-confidence flip with strong profit margins.
Commission
Commission Offered
This opportunity in Detroit, MI is offered at an asking price of $185,900 as shown on the card. After repair value (ARV) is shown as about $275,000, which implies a gross spread of roughly 32.4 percent off ARV if you use the list price and this ARV as-is. Treat that as a first-pass screen, not a comp confirmation. The property is described with 3 bedrooms, 2 bathrooms, 1,793 square feet. Tour or pull rent rolls if the asset is occupied so your rehab scope and lease assumptions match the real layout. Rehab is tagged as “light.” In practice, you should open walls and verify every major system, because tags rarely capture the full story on a wholesale lead. Occupancy is noted as “Vacant.” If anyone is in place, schedule access carefully, align showings with local rules, and underwrite for rental income or a formal vacancy path before you take assignment. The list is marked Wholesale—use that to frame exit math (flip spread, fee for wholesale, or long-term DSCR if the plan is a rental hold). The structure is represented around 1930; older vintages can hide lead, cast iron, and foundation work—budget a contingency. Verified seller contact is available on the listing, which speeds diligence once you are serious. Verify ARV, repair scope, access, and title with your own people before you rely on any line in this write-up. Nothing here is a guarantee of value or condition.
Timeline
Posted · Updated
Strategy: Wholesale
