$29,500 for Sale
14014 washburn street, detroit, MI 48238
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Property 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.
General Information
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: wyoming heights
Acres: 0.09
Lot Dimensions: 31x122
Bedrooms:2
Bathrooms:1 (1 full, 0 half)
House Size: 876 sq.ft.
Acreage: 0.09 est.
Year Built: 1924
Property Type: Single Family
Style: Ranch
Features & Room Sizes
Paved Road: Paved
Garage: No Garage
Construction: Vinyl
Exterior: Vinyl
Garage: No Garage
Construction: Vinyl
Exterior: Vinyl
Basement: Yes
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer at Street
Watersource: Water at Street
Basement Description: Unfinished
Foundation : Basement
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer at Street
Watersource: Water at Street
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $1,115
Est. Winter Taxes: $32
Est. Summer Taxes: $1,115
Est. Winter Taxes: $32
HOA fees: 0
Legal Description: E WASHBURN 31 WYOMING HEIGHTS SUB L38 P7 PLATS, W C R 16/406 31.36 IRREG
Legal Description: E WASHBURN 31 WYOMING HEIGHTS SUB L38 P7 PLATS, W C R 16/406 31.36 IRREG
Map

IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders Listing By: Gentraia Brown of REMAX City Centre, Phone: (313) 528-3002
734-250-0622
Call Marilyn Hagood for more information about this property.
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Listings Presented by:
Marilyn Hagood
Call:
734-250-0622 Office: 810-733-3333 |
This Single-Family Home located at
is currently for sale. This property is listed for $29,500.
14014 washburn street
has 2 bedrooms, approximately 876 square feet.
This home is in the detroit school district and has a lot size of 31x122 with 0.09 acres and was built in 1924.
14014 washburn street is in detroit and in ZIP Code 48238 area.
14014 washburn street, detroit MI, 48238
For Sale | $29,500
| 2 Bed, 1 Bath | 876 Sq Ft
MLS ID rcomi20261006278
If you have any question about this property or any others, please don't hesitate to contact me.





