Deal summary

Fix & Flip Multi-Family in detroit, MI 48204 – $40,000

4 bed · 2 bath · 2482 sqft · built 1922 · Wayne County

This duplex offers an excellent investment opportunity with 4 bedrooms, 2 bathrooms, and 2,482 sqft of living space. The property has an estimated rehab budget of $60,000 and an after-repair value (ARV) of $140,000, with a potential profit of $40,000. Investors can also explore the potential rental income of $2,160 per month once the property is renovated and rent-ready. With nearby comparable properties selling for up to $150,000, this is a promising opportunity for fix-and-flip investors or those looking to add a duplex to their rental portfolio.

ARV $140,000 · est. rehab $60,000