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Listed price in listed location currency (USD).
$40,000

210

MLS® 20261006278

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 876 sqft
Garage No
Taxes $1,147
Days Active 0
Lot Size 0.09 acres
Approx. Age 1924
Avg. Price Per Sqft $45
MLS® Number 20261006278

Property Address: 14014 Washburn St, Detroit, MI, 48238-2359

Average square foot calculated using Size range provided by listing agent.

Description

This 2-bed, 1-bath ranch sits on a corner lot with high ceilings, amazing natural light, a full basement, and a large attic, offering the kind of structure investors look for when building long-term cash flow. The seller has already absorbed the major capital expenses that typically stall deals or blow up budgets: a new roof, premium windows from Los Angeles, all new plumbing, and a full interior gut and rebuild. Drywall and paint are complete, the bathroom is prepped for final finishes, and the kitchen is partially installed with custom cabinetry and ready for cosmetic completion. The front of the home has been updated with new stucco, and a new paver walkway is already in place. The remaining work is straightforward and strategic: final cosmetics, some electrical and addressing the foundation, which will likely require attention but does not negate the solid structure already in place. This is not a scenario where hidden systems or deferred maintenance will erode returns. The heavy lifting is already done, allowing an investor to control costs and timelines. Directly across the street on Washburn, three lots are owned by the Detroit Land Bank Authority, presenting future potential to expand your footprint or benefit from surrounding redevelopment. The area is actively improving, with a strong investor presence and continued momentum. Projected rental income supports an estimated ARV of approximately $1, 100–$1, 200 per month, positioning this property as a true buy-and-hold opportunity. This is not a flip play. It’s a cash-flow-focused asset designed for investors who build wealth through steady income in appreciating Detroit neighborhoods. The home is being sold as-is.
MLS® Number20261006278
Laundry Level
Central VacNo
FireplaceNo
Acreage0.09
Exterior
GarageNo
Approx. Age1924
BasementFull, Unfinished
DrivewayNo Garage
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 31, 2026List Date
$40,000List Price
Nov 16, 2023End Date
$14,250Sold Price

Sold

Nov 3, 2023List Date
$12,900List Price

Home Appraisal

This property is estimated to sell between: $40,000 and $70,000.
Similar properties in this area sold on average for: $59,746
Expected to sell in 45 days. Similar properties sold in 45 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
14014 Washburn St, Detroit, MI

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