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$109,900

Untitled Listing

Detroit, Michigan 48234

Mount Olivet Neighborhood

3 Beds

1 Baths

1003 Sq FT

$109.57 Price per Sq Ft

Highlights

OneCarGarageDetached

About This Home

Great Section 8–approved investment opportunity in Detroit’s Von Steuben neighborhood, offering immediate and reliable cash flow from day one. This fully renovated ranch is currently tenant-occupied at $1,300/month, providing stable, government-backed rental income with minimal management requirements. The property features durable laminate flooring, fresh interior paint, a modernized kitchen and bathroom, newer windows, and low-maintenance finishes throughout, supporting long-term durability and reduced operating costs. A functional layout, full basement with additional value potential, and detached garage further enhance tenant appeal and overall investment stability. Priced at $110,000 with standard financing terms, this asset delivers strong performance fundamentals and an estimated ~14% ROI with 20% down payment, making it a well-positioned turnkey investment for buyers seeking consistent income and long-term portfolio growth.

Listing Agent

MD Gulsan Ahmed

Amin Realty

Listed on : March 2, 2026

Co-Listing Agent

Nabil M Syed

Activity

Days on Market:

68

Home Details

Home Type

  • Residential

Est. Annual Taxes

  • $1,833

Year Built

  • Built in 1943

Lot Details

  • 0.1 Acre Lot
  • Lot Dimensions are 35X130

Parking

  • OneCarGarage
  • Detached

Home Design

Interior Spaces

  • 1,003 Sq Ft Home

Kitchen

Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

  • DetroitCity_Wayne, Michigan
  • Wayne County
  • Postal Code: 48234

Utilities

  • ForcedAir, NaturalGas
  • Water Source: Public
  • Sewer: PublicSewer

About the Showing Agent

Hassan Scheib

Own It Realty

313-395-0000

mail IconContact Hassan

As a leading Real Estate investment broker, native Detroiter, and family man, Hassan Scheib commands a firm grasp of investing in the Detroit Metro area. His experience and native intuition have led him from success to success as he has overseen property sales, acquisitions, inspections, construction, and tenant placement. Hassan combines keen business acumen, finance know-how, transparency, and ethics with every deal, and he is skilled in Portfolio Sales, Investor Relations, Strategic Planning, Marketing & Management. Above all else, he understands that the client is at the center of the deal and knows how to listen to their needs, roll up his sleeves, and offer them first-class customized service. Committed and attentive, Hassan is always ready to dip into his expansive professional network, industry experience, care, and meticulous attention to detail to help clients reach their goals.

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About Mount Olivet

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Own It Realty

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