Homes for sale under $200k in Detroit, MI

Homes for sale under $200k in Detroit, MI

2-Family Income Property | Morningside Near Grosse Pointe. Updated Duplex with Cash Flow & Strong Upside. Solid income stream. 2 Units | Each 2 Bed / 1 Bath. Upper Unit is rented. One unit renovated: granite countertop, stainless appliances, recessed lighting, restored hardwoods. Updated bathroom, LVP kitchen flooring, and fresh paint throughout. Current rent: $1,348/month. Big-ticket updates already completed in 2023: New roof, windows, gutters, new furnace (upstairs) + boiler (downstairs). New water heaters, new porch, steps and railing. New storm and security door. Security system + CCTV. Separate gas & electric meters per unit. Shared water line (common setup in Detroit) One

Homes for sale under $200k in Detroit, MI

Fantastic 4-Bedroom Colonial with Endless Potential in Ferndale! This spacious Colonial is filled with natural light and brimming with opportunity. The bright, open floor plan features a generous eat-in kitchen with direct access to the deck and backyard - perfect for entertaining or everyday living. A large living room with a beautiful bay window flows seamlessly into the formal dining area, creating an inviting space for gatherings. Upstairs, you’ll find three bedrooms offering ample space for family, guests, or a home office. The fourth bedroom is located on the main floor and is paired with an impressively large bathroom, adding flexibility and convenience to the layout. While the

Homes for sale under $200k in Detroit, MI

Step into timeless style and sophistication with this stunningly remodeled 4-bedroom, 2-bath colonial in the highly desirable Barlum and Willetts Subdivision, just minutes from the heart of Southwest Detroit, a short 10 minute drive to Downtown Detroit, and close proximity to the brand-new Gordie Howe International Bridge, connecting you to Canada and expanding your travel and lifestyle opportunities. In addition to the great location, this home perfectly blends classic Detroit character with high-end contemporary finishes. Features include: luxury vinyl tile flooring, new windows, new roof, updated mechanicals, and a natural fireplace. The spacious kitchen is a showstopper and boasts new s

Homes for sale under $200k in Detroit, MI

Turnkey income property in the heart of Detroit! Solid 2-story brick multi-family at 3222 Richton St featuring two spacious 3-bedroom, 1-bath units. Fully occupied with total monthly rent of $2,775, offering immediate cash flow and reliable tenants. Each unit provides generous living space and classic Detroit charm. Strong rental history and great location near major roads, schools, and ongoing neighborhood revitalization make this an excellent investment opportunity. Perfect for investors seeking stable returns and long-term growth potential in Detroit’s thriving rental market. Seller will require an accepted offer with proof of funds before access can be permitted