48204 Homes under $150,000

48204 Homes under $150,000

Welcome to the vibrant and diverse community of Detroit, Michigan, specifically the zip code 48204! Nestled in Wayne County, this area is a hidden gem for homebuyers seeking affordability without sacrificing the charm and character that Detroit has to offer.

The 48204 zip code is known for its rich history and unique architectural styles, featuring a mix of classic bungalows, cozy ranch homes, and spacious two-family flats. With homes available for under $150,000, this neighborhood presents an incredible opportunity for first-time buyers, investors, and those looking to downsize. Imagine stepping into a home that reflects the spirit of Detroit, where each street tells a story of resilience and community.

Living in 48204 means being part of a dynamic and evolving city. Residents enjoy access to local parks, community centers, and a variety of shops and eateries that celebrate the diverse culture of Detroit. The area is well-connected to major highways, making commuting to downtown Detroit and beyond a breeze.

Whether you’re looking for a quaint starter home or a property with potential for renovation, the 48204 zip code offers a range of options that fit your budget. Embrace the opportunity to invest in a community on the rise, where your home can be a part of Detroit’s exciting transformation. Discover the charm of 48204 today and find your perfect home at an unbeatable price!

Newest 48204 Homes under $150,000

8095 Northlawn Street, Detroit
$89,900
3 Beds ⋅ 1 Baths ⋅ 26059090 MLS ⋅ ACTIVE Status
Investment opportunity in Detroit. This tenant-occupied brick single-family home features 3 bedrooms, 1 full bathroom and basement. Currently rented for approximately $1,200 per month, providing immediate rental income for an investor. Property is being sold AS-IS. Do not disturb tenant. Showings and inspections will be scheduled only upon an accepted offer. BATVAI.

8095 Northlawn Street, Detroit
8622 Kentucky Street, Detroit
$124,900
4 Beds ⋅ 1 Baths ⋅ 20261090051 MLS ⋅ ACTIVE Status
Charming bungalow just 7 minutes from downtown Detroit offering 4 bedrooms, 1 bath, and 1,014 SQFT of living space! Enjoy relaxing on the inviting front porch before stepping inside to a bright living room featuring recessed lighting and a fireplace with white tile surround. The dining room provides plenty of space and overlooks both the kitchen and living room. The kitchen offers white cabinetry and ample counter space. One bedroom is conveniently located on the main level, while upstairs features three additional bedrooms and a full bath with a walk-in shower. The basement provides excellent potential for storage or additional living space. Outside, enjoy a patio area overlooking the large backyard. The roof was recently replaced in 2023. Schedule a showing today! BTVAI

8622 Kentucky Street, Detroit
8621 Elmira Street, Detroit
$39,900
2 Baths ⋅ 20261089614 MLS ⋅ ACTIVE Status
INVESTOR SPECIAL! FULL REHAB OPPORTUNITY! Excellent investment opportunity at 8621 Elmira in Detroit! This 2-unit multifamily property features 2 bedrooms in each unit and offers tremendous potential for investors looking to renovate and add value to their portfolio. Property requires a full renovation, providing the opportunity to customize and maximize rental income potential. Ideal for experienced investors seeking their next value-add project. Property sold as-is. Sale subject to lender approval. Buyer to verify all property information.

8621 Elmira Street, Detroit
11961 Ohio Street, Detroit
$49,999
2 Baths ⋅ 20261089247 MLS ⋅ ACTIVE Status
Attention Investors! Detroit fixer-upper with potential! Opportunity is knocking! Calling all cash buyers, investors, flippers, and experienced rehabbers looking for their next project. This distressed two-family Detroit property offers an opportunity to renovate, restore, and maximize its value. Whether you're looking to flip, add to your rental portfolio, or create an income-producing property, the possibilities are there for someone with vision and the ability to bring this property back to life. Property needs work and is being sold AS-IS. Bring your ideas and make this your next investment!Seller is Motivated and willing to explore all offers...BATVAI

11961 Ohio Street, Detroit
4032 Carter Street, Detroit
$125,000
2 Baths ⋅ 20261088811 MLS ⋅ ACTIVE Status
Excellent investment opportunity in the City of Detroit! This fully occupied two-family duplex features two separate units, each offering 2 bedrooms and 1 full bathroom, for a total of 4 bedrooms and 2 bathrooms. The property currently generates $1,631 in monthly rental income. Both units are tenant-occupied, making this an attractive opportunity for investors looking to expand their rental portfolio with an income-producing multifamily property. Conveniently located near schools, shopping, parks, public transportation, and major freeways. Will try to accommodate showing as best as possible. Seller prefers to have no showings until there is an accepted offer.

4032 Carter Street, Detroit
12148 Stoepel Street, Detroit
$125,000
2 Baths ⋅ 20261088880 MLS ⋅ ACTIVE Status
Excellent investment opportunity in the City of Detroit! This fully occupied two-family duplex features two spacious units, each offering 3 bedrooms and 1 full bathroom, for a total of 6 bedrooms and 2 bathrooms. The property currently generates $1,693 in monthly rental income. Both units are tenant-occupied, making this an attractive opportunity for investors seeking an income producing multifamily property. Conveniently located near schools, shopping, parks, public transportation, and major freeways. Will try to accommodate showing as best as possible. Seller prefers to have no showings until there is an accepted offer.

12148 Stoepel Street, Detroit
5251 Vancouver Street E, Detroit
$129,000
3 Beds ⋅ 1 Baths ⋅ 20261087316 MLS ⋅ COMING SOON Status
LOOKING FOR A LARGE, MOVE-IN-READY, COMPLETELY REMODELED HOME IN WESTSIDE, DETROIT? Here it is! Minutes away from the Mexicantown. Whether it could be your opportunity to own this investment property of cash flow with average rents around $1,200 or for a first-time homebuyer. From the moment you walk in, you'll love the open floor plan with tons of natural light. Large living room with original wooden floors throughout the main living area. Updated kitchen w/ lots of cabinets w/ counter space has plenty of storage & cooking areas. One-of-a-kind bathroom tastefully renovated. Unfinished basement, but there is plenty of space to add an entertainment area, game room, home gym, or pantry storage. All brand-new upgrades include whole-house PEX plumbing, electrical panel & whole-house wiring, ALL vinyl windows, newer roofing, new siding & freshly painted throughout. Located blocks from Livernois Ave & Jeffries Fwy, I-94 & I-96. Close to Henry Ford Hospital, Wayne State University, Northwestern High School, the Motown Museum & the New Center area. Minutes away from Boston-Edison Historic District, Downtown, Midtown & Mexicantown, providing easy access to numerous grocery stores & restaurants. Schedule your private showing today! **** (MSHDA DOWN PAYMENT ASSISTANCE OF $7,500 UP TO $10,000 BASE ON TARGET ZIP CODE) * No Seller Financing.

5251 Vancouver Street E, Detroit
12081 Santa Rosa Drive, Detroit
$89,000
3 Beds ⋅ 1 Baths ⋅ 20261088693 MLS ⋅ ACTIVE Status
3 bedroom, 1 bathroom brick colonial home on Detroit's west side in Russel Woods. Property currented rented to tenant for $1000 per month. Please schedule showings 24 hours in advance. Seller selling their portfolio of 13 Detroit properties. Sold on Warranty Deed.

12081 Santa Rosa Drive, Detroit
8259 Kentucky Street, Detroit
$120,000
3 Beds ⋅ 2 Baths ⋅ 20261088687 MLS ⋅ ACTIVE Status
Property one of 13 that seller is selling in their portfolio. Allow Tenant 24 notice for showings

8259 Kentucky Street, Detroit
5510 Allendale Street, Detroit
$125,000
2 Baths ⋅ 20261088581 MLS ⋅ ACTIVE Status
Cash flowing duplex with professional property management. Centrally located to midtown and the northern suburbs, right off Livernois. Take advantage of this turn key investment that had sewer line replacement in 2020, vinyl replacement windows under ten years old and vinyl siding for maintenance free holding. Divided basement with laundry features and storage for each unit. Updated interiors with rental grade finishes and reliable tenants. Rents shown are actual NOT projected. BATVAI

5510 Allendale Street, Detroit
10310 Maplelawn Street, Detroit
$34,900
3 Beds ⋅ 2 Baths ⋅ 20261088376 MLS ⋅ ACTIVE Status
Investor Opportunity! Take a look at this three bedroom, two full-bathroom home. Bring your tool belt as this home needs some TLC. Whether you're looking for your next renovation project or an investment property, this home has plenty of potential. **Must be accompanied by a licensed real estate agent**

10310 Maplelawn Street, Detroit
11439 Ohio Street, Detroit
$55,000
3 Beds ⋅ 2 Baths ⋅ 20261088432 MLS ⋅ ACTIVE Status
3 Bedroom, 1.5 bathroom colonial home on Detroit's West side located off Grand River and I-96. Seller started rehab work. As is Sale. The seller is selling their Detroit portfolio of 13 properties.

11439 Ohio Street, Detroit
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