$65,000
$200k Est. Profit | Fix and Flip Deal | Detroit, MI, 48215
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Why Buy?
ARV
$321,000
Est. Rehab
$40,000
Est. Market Rent
$3,000
Est. Potential Profit
$200,000
The Numbers
Asking Price
$65,000
ARV
$321,000
What you'll pay at closing
Your own closing coordinator: title chased for you, every document in one place, updates until the keys are yours. Paid at closing, nothing up front. Title and closing costs are separate.
EMD
$1,000
ARV Comps
1258-1260 Lakepointe St, Grosse Pointe, MI 48230
5 Beds
4 Baths
2,670 sq ft
Built 1930 Sale Price
$465,000
Date Sold
July 7th 2026
Distance
0.7 miles
1375-1377 Somerset Ave, Grosse Pointe Park, MI 48230
6 Beds2 Baths2,754 sq ftBuilt 1924 Sale Price
$324,000
Date Sold
October 15th 2026
Distance
0.7 miles
3034 Gray St, Detroit, MI 48215
6 Beds2 Baths2,304 sq ftBuilt 1922 Sale Price
$143,000
Date Sold
April 8th 2026
Distance
0.4 miles
Map
Subject Property
Comps
Deal summary
Fix & Flip Multi-Family in detroit, MI 48215 – $65,000
6 bed · 2 bath · 2728 sqft · built 1925 · Wayne County
$200k Est. Profit | Fix and Flip Deal | Detroit, MI, 48215 3061 Lakewood St, Detroit, MI, 48215 Asking Price: $65,000 ARV: $321,000 Est. Rehab: $40,000 Est. Market Rent: $3,000 Est. Potential Profit: $200,000 Property Details: Multifamily 6 Beds /2 Baths Living Sqft: 2,728 sqft. Built: 1925 Photos Here: https://drive.google.com/drive/folders/1iZ5EjEPSZqI2zMTHhDw3LaCkrHUxTIbP?usp=sharing CONTACT Mera at 9715219963 !! "Assignment of Purchase Agreement Available"
ARV $321,000 · est. rehab $50,000