Cheap homes for sale & real estate in Michigan, MI

Cheap Home for sale in Michigan, MI:

Great opportunity for a first-time homebuyer or investor! This 3-bedroom home needs only a few repairs and updates to be ready for occupancy or rental. With a little work, the property offers excellent potential as a comfortable primary residence or income-producing investment. Conveniently located with access to shopping, schools, transportation, and major roads. Don't miss the opportunity to add value and make this property your own!

Cheap Home for sale in Michigan, MI:

Great investment opportunity in Detroit! This 3-bedroom home offers excellent potential and is ready for an investor to bring it back to life. The property needs repairs and updating, making it a great option for a rehab, rental, or resale project. Sold as-is. Ideal for investors looking to add value and expand their Detroit portfolio.

Cheap Home for sale in Michigan, MI:

Great location with plenty of space and potential! This older home offers a spacious layout with room to make it your own. Featuring 4-5 bedrooms, 2 bathrooms, a living room, and a large family room with a fireplace, there is plenty of space for a growing family or anyone needing extra room. The property also includes a large, private yard and a good-sized 2-car garage, offering great outdoor space, parking, and storage. While the home could benefit from some updating, it has a solid layout and plenty of potential for the right buyer. Conveniently located near Sherman Park with easy access to shopping, schools, restaurants, and everything Sault Ste. Marie has to offer.

Cheap Home for sale in Michigan, MI:

Investor opportunity! Income-producing multi-unit featuring immediate cash flow, multiple income streams, and massive value-add potential. Perfect fit for portfolio expansion or an owner-operator looking for house-hacking upside. CURRENT RENTAL ROLL ($2,100/mo Total): • Unit 1- 2Bed / 1 Bath: $700/mo • Unit 2- 2 Bed / 1 Bath: $700/mo • Unit 3-2 Bed / 1 Bath: $700/mo VALUE-ADD POTENTIAL: Strong market upside with potential gross rental income of $2,700 - $3,000/month ($32,400 - $36,000/year). Bring rents to market rates through simple turnover or light cosmetic updates to capture an immediate 28% to 42% revenue increase. Multi-family properties with this level of embedded equi