460 W Kalama Ave, Madison Heights, MI 48071

Single Family / 2 Bedroom(s) / 1 Bath(s)

Property Status:  For Sale | $98,900.00 | 


Property Photos


Investor Special in Madison Heights – Compact 2BR Home Ideal for Quick Flip or Long-Term Rental


Property Status:
For Sale | $98,900.00

Contact Info
REI Daily Deals
(248) 838-0975

Request To See This Property
Property Details:
Single Family / 2 BR / 1 BA
Property Style:
1-Story
Year Built:
1949
Finished Sq Ft:
728
Garage:
1 Car Attached
Basement:
No Basement
Owner / Agent:
Individual Owner
Property Features:
Fireplace
Fenced Yard
Property Description:

Investment Potential:
This property presents a strong value-add opportunity in a booming Madison Heights market where demand continues to push prices upward. With a compact 2-bedroom layout across 738 sq. ft., the home is ideal for a cost-efficient renovation, allowing investors to control rehab expenses while maximizing returns. The structure appears straightforward and well-suited for cosmetic updates such as flooring, paint, kitchen, and bath improvements, making it a perfect candidate for a clean, high-impact transformation. Smaller homes in this area are especially attractive to both first-time buyers and renters, increasing the property’s resale and rental appeal.

With an asking price of $98,900 and an ARV of $165,000—along with some comparable sales exceeding $180,000—this deal offers strong upside in a rapidly appreciating neighborhood. Investors can capitalize by executing a quick fix-and-flip or holding as a rental in a high-demand area with proven growth. The combination of low renovation complexity, rising values, and strong buyer activity makes this a highly efficient and profitable investment opportunity.

Asking Price: $98,900
ARV: $165,000
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HOUSE ACCESS: Friday, April 10th at 12:00 PM

Details

2 Bedrooms / 1 Bathroom
738 sq. ft
Lot Size: 4,312 sq. ft.
Year Built: 1949
One-Car Garage
No Basement

📅 Closing: By 05/31/2026
💵 EMD: Required within 24 hrs of signing
👥 Buyer Agents: Welcome – 2.7% commission

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