- CENTURY 21 Real Estate
- Michigan
- Detroit
- 14014 Washburn Street
14014 Washburn Street, Detroit, MI 48238
Local realty services provided by:CENTURY 21 Curran & Oberski
14014 Washburn Street,Detroit, MI 48238
$40,000
- 2 Beds
- 1 Baths
- 876 sq. ft.
- Single family
- Active
Listed by: gentraia brown
Office: remax city centre
MLS#:20261006278
Source:MI_REALCOMP
Price summary
- Price:$40,000
- Price per sq. ft.:$45.66
About this home
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.
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Home facts
- Year built:1924
- Listing ID #:20261006278
- Added:1 day(s) ago
- Updated:January 31, 2026 at 10:01 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:876 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1924
- Building area:876 sq. ft.
- Lot area:0.09 Acres
Utilities
- Water:Water at Street
- Sewer:Sewer at Street
Finances and disclosures
- Price:$40,000
- Price per sq. ft.:$45.66
- Tax amount:$1,147
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