REP | 20501 Moenart St, Detroit, MI 48234

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20501 Moenart St, Detroit, MI 48234

Single Family / 3 Bedroom(s) / 1 Bath(s)

Property Status: Pending | $24,900.00 (Wholesale) |

Property Photos

Contact Info

REI Daily Deals
(248) 838-0975

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Michigan Detroit

Detroit 48234 Opportunity: Nearly Finished 3-Bed Home with Minimal Work Needed — Perfect for Quick Flip or Rental Income Potential

Property Status:
Pending | $24,900.00 (Wholesale)

Contact Info

REI Daily Deals
(248) 838-0975

Request To See This Property

Property Details:

Single Family / 3 BR / 1 BA

Property Style:

1-Story

Year Built:

1940

Finished Sq Ft:

918

Garage:

1 Car Detached

Basement:

Finished Basement

Owner / Agent:

Wholesale

Property Features:

Central Air

Fireplace

Fenced Yard

Property Description:

Investment Potential:
This property presents an excellent low-entry investment opportunity with strong upside and very limited renovation risk. With an asking price of just $24,900, the deal offers an affordable path into a fully remodeled 3-bedroom home that appears to require only minimal finishing work or light cosmetic touch-ups. The property’s overall condition suggests that much of the heavy rehab has already been completed, allowing investors to avoid major construction costs and quickly reposition the asset for resale or rental. The functional layout and manageable size make this an efficient project with low carrying costs and fast turnaround potential. With an ARV of $75,000, this deal provides a strong margin for both fix-and-flip and buy-and-hold investors. Investors can capitalize on the extremely low acquisition cost, complete any remaining updates, and either resell into an active affordable housing market or hold as a cash-flowing rental with strong return potential. Opportunities to acquire a nearly completed project at this price point are rare, making this a highly attractive and low-risk investment play.

Asking Price: $24,900
ARV: $75,000
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HOUSE ACCESS: Tuesday, May 26th at 12:00 PM

Details
Single Family – 3 Bedrooms / 1 Bathroom
918 sq. ft
Lot Size: 4,791 sq. ft
Year Built: 1940
Full Basement
Driveway Parking
Vacant at Closing
Light Cosmetic / Finishing Opportunity

📅 Closing: By 07/11/2026
💵 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.