REP | 5303 Iroquois St, Detroit, MI 48213

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5303 Iroquois St, Detroit, MI 48213

Multiple Family / 6 Bedroom(s) / 2 Bath(s)

Property Status: Pending | $44,900.00 (Wholesale) |

Property Photos

Contact Info

REI Daily Deals
(248) 838-0975

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Michigan Detroit

Detroit Duplex Investment Opportunity – 6+ Bedrooms, Large Layout, Vacant & Ready for Value-Add or Rental Income Potential

Property Status:
Pending | $44,900.00 (Wholesale)

Contact Info

REI Daily Deals
(248) 838-0975

Request To See This Property

Property Details:

Multiple Family / 6 BR / 2 BA

Property Style:

2-Story

Year Built:

1912

Finished Sq Ft:

1,812

Garage:

2 Car Detached

Basement:

Finished Basement

Owner / Agent:

Wholesale

Property Features:

Central Air

Fireplace

Fenced Yard

Property Description:

Investment Potential:
This spacious duplex presents a rare high-upside opportunity in Detroit, featuring a 6-bedroom, 2-bath layout across 1,800+ sq. ft., ideal for maximizing rental income or executing a strong value-add flip. The property’s classic structure and layout provide a solid foundation, with visible opportunities to enhance both units through interior updates such as flooring, kitchens, bathrooms, and cosmetic finishes. The size and configuration allow investors to fully capitalize on the duplex setup, whether by stabilizing both units for long-term tenants or repositioning the asset for resale at a significantly higher value.

With an asking price of $44,900 and an ARV of $200,000, this deal offers an exceptional spread and multiple exit strategies. Investors can pursue a BRRRR approach, generating strong cash flow from two units, or complete a full renovation to unlock top market value in an area with growing demand. The ability to double rental income, combined with the large square footage and favorable price point, makes this a standout opportunity for investors looking to scale returns with a high-potential multifamily asset.

Asking Price: $44,900
ARV: $200,000
Photos & Video: Click HereComps: Click Here

SHOWING: Monday, April 27th at 12:00 PM

Details

6+ Bedrooms / 2 Bathrooms
1,812 sq. ft
Year Built: 1912
2 parking
Full basement
Closing: By 05/07/2026
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.