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$15,000
2 Beds 1 Baths 20261032264 MLS
Tenant-occupied investment opportunity with a proven long-term rental history. Current tenant has occupied the property for decades and is currently paying $750/month. Rent ledger and lease documentation available upon request. Property is being sold as-is and is priced accordingly due to needed repairs and updates. Because the property is tenant occupied, an accepted offer is required prior to interior access or showings. Ask about additional investment opportunities available from the same owner, including a 3-property portfolio featuring professionally managed tenant-occupied homes. Portfolio or package pricing may be available with multiple purchases. Room dimensions are estimated. Seller is related to the agent. Flexible land contract terms available.

5042 Pennsylvania St, Detroit

Courtesy of Wise Property Buyers 7342379974

$360,000
4 Baths 20251006720 MLS
Discover this beautifully updated four-family flat that blends classic Detroit characters with modern upgrades. Each unit has been thoughtfully renovated, featuring sleek contemporary kitchens, stainless steel appliances, updated bathrooms, and sun-drenched living spaces that feel like home. Appraised well over asking at $420,000 Monthly Gross Rent: $3,975 ($1,025 + $950 + $950 + $1,050) Water: $1,100/year Taxes: Under $1,000/year Maintenance: Estimated $1,000/year Current Net Operating Income (NOI): ~$44,900 Current CAP Rate: ~10.7% Each unit is separately metered, tenants pay their own gas and electric, and there's off-street parking, a shared backyard, and strong curb appeal that’s rare to find at this level of finish. Upside Potential? Rents are solid now but under the market for updated 2-bed units in the area. With strategic rent increases over time or short-term rental opportunities, your cash flow could go from good to great. Whether you're an investor looking to grow your portfolio or a savvy buyer ready to live in one unit and let the others pay the mortgage — this one checks every box.

5183 Pennsylvania St, Detroit

Courtesy of KW Metro 2482883500

Selling Office: Empire Realty Group.

$105,000
4 Beds 2 Baths 20250021239 MLS
Welcome to this beautifully renovated four-bedroom, one-and-a-half-bath home in East Detroit. Taken down to the studs and meticulously updated, this bungalow offers modern comfort and charm. The main floor features two spacious bedrooms, while the upper level boasts a master bedroom with a cozy nook, a bedroom and a convenient half bath. A full basement provides ample storage or potential for additional living space. Whether you're looking for a perfect family home or a valuable addition to your rental portfolio, this property is a fantastic opportunity. Exciting transformations are happening on Pennsylvania Street, with numerous renovations, demolitions and redevelopments enhancing the neighborhood's value. Additionally, the adjacent property at 5555 Pennsylvania Street is available for purchase alongside this home for just $10,000—an incredible investment opportunity you won’t want to miss! BATVAI

5561 Pennsylvania St, Detroit

Courtesy of Signature Sotheby's International Realty Bham 2486447000

Selling Office: Good Company.

$14,499
20240090032 MLS
DEVELOPER / BUILDER / INVESTOR ALERT! 4,111 square feet of clear, level land in the West end area that sits within a foot print of 27,830 square feet of clear, level developable land of 7 continuous lots….the 2 lots south of target lots are owned by DLBA, a buyer can contact DBLA for more information on those lots. The other 3 lots north of target lots are owned by the another seller who owns 4103 Cadillac MLS# 20240048133. This lot is near public transportation, Latham Playground, Dueweke Park, Pingree Park, Southeastern High School, Detroit Enterprise Prep, Southeastern High School of Technology and Law, Hutchinson Elementary-Middle School, Detroit Waldorf School, Stellantis Mack Assembly Plant, grocery stores and other fine points of interest. Lot is less than 2 miles from the Detroit River, near a major freeway and by other vein streets that are direct routes to Downtown Detroit. Owner has 6 other lots for separate purchase or together as a package. Buyer agent to verify all information. 495 transaction fee payable at closing.

3841 Cadillac Blvd, Detroit

Courtesy of Reach Realty Group 3137664000

IDX provided courtesy of Realcomp II Ltd., via Real Estate Company. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.