Cheap homes for sale & real estate in 48215, MI

Cheap Home for sale in 48215, MI:

Investor special! Solid 4-bedroom, 1-bathroom colonial on Detroit’s east side, just minutes from Kercheval and Jefferson. Layout features a large living room, formal dining area, and full kitchen on the main level with all four bedrooms and full bath upstairs, offering great rental or flip potential. Property needs work and is priced accordingly, giving investors a chance to add value through rehab and updates. Prime location near the Jefferson/Chalmers and Kercheval corridors, close to neighborhood retail, dining, and easy access to downtown and Grosse Pointe. Located in a federally designated Opportunity Zone (per public maps); buyers and their advisors to verify all information, zo

Cheap Home for sale in 48215, MI:

Investor Special! 4337 Algonquin St is a vacant 3-bedroom, 1-bath brick ranch on a slab foundation with a detached garage and a fenced backyard, offering immediate access for renovation, rental, or a future flip opportunity. The property features a solid structure and a classic, functional layout. Plumbing, electrical, furnace, and hot water tank are all in working condition. Located on a quiet, paved residential street near Connor St with strong nearby rental comps and growing buyer and investor interest. A great addition to any investment portfolio! Property is being sold as-is.

Cheap Home for sale in 48215, MI:

Spacious home offering versatility and flexibility - ideal for investors or those looking for their primary residence. With existing layouts providing potential for two living units, including a kitchen and bathroom on each level, this property is waiting to be transformed into your next investment opportunity. The property features a full basement, perfect for storage, as well as a detached garage. Inside, you'll find a formal dining room on the main floor and sizable living spaces, Ideal for customization. Currently tenant-occupied, this home comes with a lease in place through 12/31. This is one you won't want to miss! Inquire now before it's too late!

Cheap Home for sale in 48215, MI:

Beautifully restored and truly turnkey, 4364 Lakewood offers exceptional value in one of Detroit's most convenient east-side corridors. Located near Jefferson-Chalmers, Grosse Pointe Park amenities, waterfront parks, and quick commuter routes, this home is ideal for both homeowners and investors. Inside, you'll find clean, spacious living areas, refreshed finishes, and thoughtful updates throughout. The property sits on a large lot with plenty of room for outdoor use and includes a rare double garage - a major value add in this neighborhood. With projected rents at $1,550+, this home is an excellent turnkey investment or move-in-ready residence.