Cheap homes for sale & real estate in 48206, MI

Cheap Home for sale in 48206, MI:

Fully renovated brick duplex in Detroit's historic Dexter area, offering an excellent investment opportunity with immediate income potential. This two-unit property features spacious 3-bedroom, 1-bath units, updated in 2025 with modern improvements while maintaining its classic character. Both units are tenant occupied, generating approximately $2,500 per month in rental income. Property includes separate living spaces, full basement, central air, forced-air heating, enclosed porch, balcony, garage parking, and public utilities. Conveniently located near major freeways, shopping, dining, schools, and downtown Detroit. Ideal for investors seeking a turnkey income-producing property or owner-

Cheap Home for sale in 48206, MI:

Fully renovated multifamily featuring a total of 7 bedrooms! This property also comes with the adjacent lot (7621 Woodrow Wilson) Entering both units you will find new hardwood floors, new vanities giving the property great appeal, along with brand new kitchen cabinets and granite countertops! Each unit has very spacious bedrooms with ceiling fans. New plumbing (2023), new electrical (2023), new roof (2022), new HVAC (2022), new windows, new vanities, paint and recently refinished hardwood floors. The sewer line was also replaced in 2024! Kitchen appliances (2) refrigerators, (2) gas ovens, one set of washer and dryer. This property would also work perfectly as an Air BNB, assisted living h

Cheap Home for sale in 48206, MI:

CASH FLOWING RENOVATED PROPERTY on Detroit's west side. Great proximity to UD Mercy, Marygrove, The Avenue of Fashion, Midtown and the retail and services of Royal Oak and Ferndale. Roof, windows, systems, HVAC, floors- all updated in the past five years and well maintained. Appliances including washer/dryer included with sale. This is a hold opportunity with little to do but watch the equity grow. You're not just getting a great property in a desirable location, you are getting excellent tenants on a one year lease that cover utilities and yard maintenance. BATVAI- Room sizes estimated No Seller Financing No Low Balls

Cheap Home for sale in 48206, MI:

This Multi Family property offers a strong opportunity for investors seeking both immediate upside and long term value, featuring two generously sized units, each with three bedrooms and one bathroom, designed to appeal to a broad tenant base. Whether pursuing a renovation to increase market value or holding the property to generate steady rental income, it provides the flexibility to support a range of investment strategies while benefiting from solid fundamentals and future appreciation potential, making it a valuable addition to any well positioned real estate portfolio. * Property has been boarded up - Pictures are available *