REP | 8857 Auburn St, Detroit, MI 48228

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8857 Auburn St, Detroit, MI 48228

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

Property Status: Sold | $29,900.00 (Wholesale) |

Property Photos

Contact Info

REI Daily Deals
(248) 838-0975

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Michigan Detroit

Detroit Investment Opportunity | Strong Cash Flow & Value-Add Potential in Prime Rental Area

Property Status:
Sold | $29,900.00 (Wholesale)

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:

1947

Finished Sq Ft:

900

Garage:

2 Car Attached

Basement:

Finished Basement

Owner / Agent:

Wholesale

Property Features:

Central Air

Fireplace

Fenced Yard

Property Description:

Investment Potential:
This single-family property presents a strong low-entry investment opportunity in Detroit, a market with steady investor activity and consistent rental demand. Featuring a functional 2-bedroom, 1-bath layout with approximately 900 sq. ft. of living space, the property offers an efficient footprint ideal for both fix-and-flip and long-term rental strategies. The home appears to be in solid overall condition, allowing investors to focus primarily on light cosmetic updates rather than major structural repairs. With a full basement, two-car garage, and vacant possession at closing, this is a straightforward project with multiple value-add opportunities.

With an asking price of $29,900 and an ARV of $125,000, this deal offers a significant spread and strong upside potential. Investors can complete a clean renovation and reposition the property for resale, or hold it as a cash-flowing rental in an active Detroit rental market. The low acquisition cost, manageable rehab scope, and strong comparable sales make this an attractive opportunity for both experienced and newer investors seeking solid returns with controlled risk.

Asking Price: $29,900
ARV: $125,000
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HOUSE ACCESS: Thursday, May 14th at 12:00 PM

Details
Single Family – 2 Bedrooms / 1 Bathroom
900 sq. ft
Lot Size: 6,272 sq. ft.
Year Built: 1947
Full Basement
Two-Car Garage
Vacant at Closing
Light Cosmetic Rehab Opportunity

Closing: By 06/04/2026
EMD: Required within 24 hrs of signing
Buyer Agents: Welcome – 2.7% commission

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Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor is a principal party in a valid and assignable purchase agreement which allows the investor to purchase the subject property from the seller. This purchase agreement is being offered for sale for an assignment fee to a 3rd party granting that party the opportunity to execute the purchase agreement to buy this home. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee. Real Estate Promo is not responsible nor will be held liable for the property or the information listed here.

Real Estate Promo is not responsible for the properties or the information listed here. Each Property is independently owned. Click on the link above to contact the Property Owner about this property.