48206 Homes under $150,000

48206 Homes under $150,000

Welcome to the vibrant neighborhood of Detroit, Michigan, nestled within the 48206 zip code! This area is a hidden gem in Wayne County, offering an eclectic mix of culture, history, and community spirit. With its rich tapestry of architecture and diverse population, 48206 is a place where the past meets the future, making it an exciting location for homebuyers and investors alike.

For those looking to find affordable housing options, the 48206 zip code boasts an impressive selection of homes under $150,000. This affordability opens the door for first-time homebuyers, young families, and savvy investors seeking to make their mark in a revitalizing city. From charming bungalows to cozy cottages, the homes here often feature unique architectural details that reflect Detroit’s storied past.

Living in 48206 means being at the heart of a community that values resilience and innovation. Residents enjoy proximity to local parks, schools, and a variety of dining and shopping options that celebrate the city’s vibrant culture. With ongoing revitalization efforts, the neighborhood is on the brink of transformation, making it an ideal time to invest in your future.

Whether you’re drawn to the affordability of homes under $150,000 or the rich community spirit that defines this area, the 48206 zip code is ready to welcome you home. Explore the possibilities and discover the charm of Detroit living today!

Newest 48206 Homes under $150,000

9501 McQuade Street, Detroit
$140,000
2 Baths ⋅ 20261076556 MLS ⋅ ACTIVE Status
Discover the potential of 9501 McQuade St, Detroit, MI! This two-family apartment features an upper and lower unit, each offering three bedrooms and providing a versatile opportunity for investors or owner-occupants. Built in 1923, this property offers classic character with the flexibility of two separate living spaces. Conveniently located in Detroit, this property is ready for its next chapter. Schedule your showing today and explore the possibilities this multi-family property has to offer!

9501 McQuade Street, Detroit
3327 Virginia Park Street, Detroit
$139,000
3 Beds ⋅ 1 Baths ⋅ 20261079203 MLS ⋅ ACTIVE Status
CASH FLOWING RENOVATED PROPERTY on Detroit's west side. Great proximity to UD Mercy, Marygrove, The Avenue of Fashion, Midtown and the retail and services of Royal Oak and Ferndale. Roof, windows, systems, HVAC, floors- all updated in the past five years and well maintained. Appliances including washer/dryer included with sale. This is a hold opportunity with little to do but watch the equity grow. You're not just getting a great property in a desirable location, you are getting excellent tenants on a one year lease THROUGH MARCH 2027 that cover utilities and yard maintenance. BATVAI- Room sizes estimatedNo Land Contract option

3327 Virginia Park Street, Detroit
2952 Columbus Street, Detroit
$89,900
4 Beds ⋅ 2 Baths ⋅ 20261076400 MLS ⋅ ACTIVE Status
THIS MULTI - UNIT PROPERTY WILL BE A GREAT FOR THOSE LOOKING FOR STEADY MONTHLY INCOME. LOCATED A STONE THROW AWAY FROM THE NEW CENTER AREA. IT IS IN A WALKING DISTANCE FROM HENRY FORD HOSPITAL ON W. GRAND BLVD. THIS PROPERTY IS A TRUE DIAMOND IN THE ROUGH, AWAITING YOUR TRANFORMATIVE VISION. ONE UNIT HAS BEEN COMPLETED RECENTLY. PROPERTY COMES WITH NEW ROOF, NEW WINDOWS, NEW PLUMBINGS, NEW ELECTRICAL, NEW DUCTS, ETC. ALL INFO ARE ESTIMATE BUYERS AGENT TO VERIFY. LICENSE AGENT MUST BE PRESENT AT ALL SHOWING APPOINTMENT.

2952 Columbus Street, Detroit
2268 Taylor Street, Detroit
$65,000
2 Baths ⋅ 50221973 MLS ⋅ ACTIVE Status
Multi family home featuring 2 bedrooms 1 bath each unit. Perfect for an investor looking to generate monthly income. Sold AS IS.

2268 Taylor Street, Detroit
3026 Lothrop Street, Detroit
$139,900
2 Baths ⋅ 20261073681 MLS ⋅ ACTIVE Status
Excellent opportunity for investors or owner-occupants! This tenant-occupied multifamily property offers an established income stream from day one. Each unit features 2 bedrooms, 1 full bath, and a kitchen, along with an unfinished basement. Current rents are $800/month for the upper unit and $1,100/month for the lower unit. Both tenants pay their own gas and electric, while the landlord is responsible for taxes and water. Investors can take advantage of the existing cash flow, or a future owner-occupant can explore living in one unit while generating rental income from the other. Conveniently located north of W Grand Blvd and east of Grand River. Please respect tenant privacy and do not approach or disturb tenants. BATVAI.

3026 Lothrop Street, Detroit
3232 Sturtevant Street, Detroit
$52,000
2 Baths ⋅ 20261071756 MLS ⋅ ACTIVE Status
Spacious Two family brick house featuring two two-bedroom units. Each unit has a living room with fire place, formal dining, kitchen, one full bathroom and bedrooms each with a balcony. The second floor can be accessed from the first floor or the side entrance. Ideal to be used as a big one family residence or mother-in-law suite. Both units have separate access to the basement. The high ceiling attic also provides ample storage space. Beautiful neighborhood street. This property offers an excellent opportunity for an investor, rehabber, or owner-occupant looking to create value. The home requires a full rehab throughout, providing the opportunity to renovate and customize both units to today's rental or resale standards. Spacious floor plans and classic character offer plenty of potential for the right renovation vision. Property is being sold AS-IS. Buyer to verify all information, measurements, zoning, occupancy requirements, rental requirements, and property condition. Buyer to conduct all desired inspections.

3232 Sturtevant Street, Detroit
7349 Dunedin Street, Detroit
$70,000
3 Beds ⋅ 1 Baths ⋅ 26047400 MLS ⋅ ACTIVE Status
This Detroit 3-bedroom, 1-bathroom home offers 1,340 square feet of finished living space on a 3,920-square-foot lot. The residence provides solid fundamentals for homeownership with practical floor plan and genuine potential for customization. Whether you're a first-time buyer seeking entry into ownership or an investor evaluating options in the Detroit market, this property presents a straightforward value proposition. The generous lot size accommodates future improvements and outdoor use. A solid foundation for building equity in a recognized Michigan city. This property is currently rented at $1300 per month. Seller has four properties currently listed that can be purchased as a package. 7349 Dunedin Street, Detroit 48206, 19700 Saint Louis Street, Detroit 48234, 8839 Burt Road, Detroit 48228, and 15481 Cheyenne Street, Detroit 48227.

7349 Dunedin Street, Detroit
3737 Hazelwood Street, Detroit
$79,900
3 Beds ⋅ 2 Baths ⋅ 20261071228 MLS ⋅ ACTIVE Status
Welcome to 3737 Hazelwood Street, offering classic Detroit character and plenty of potential! This home provides a great opportunity for an owner-occupant looking to make a property their own or an investor seeking their next addition.The home features a functional floor plan with generous living spaces and plenty of possibilities for updating and personalizing to your taste. Conveniently located near major roadways, shopping, schools, and other neighborhood amenities, providing easy access throughout Detroit and the surrounding communities.Whether you're looking for your next home or investment opportunity, this property is ready for its next chapter. Schedule your private showing today and explore the possibilities!

3737 Hazelwood Street, Detroit
2408 Monterey Street, Detroit
$100,000
3 Beds ⋅ 1 Baths ⋅ 20261069646 MLS ⋅ ACTIVE Status
Welcome to this 3 bedroom, 1 bathroom single family home. Offering 1,150 square feet of living space located on a double lot that’s rare to find. Whether you’re a first time buyer or an investor this home offers comfort, convenience and value. Don’t miss out on this great opportunity. Property sold AS-IS.

2408 Monterey Street, Detroit
3209 Sturtevant Street, Detroit
$94,986
2 Baths ⋅ 20261068866 MLS ⋅ ACTIVE Status
This is a GREAT opportunity for a DIY, home renovation company, investment group or investor to take over a renovation currently underway. This Detroit duplex offers 2 units with separate entrances. The upper floor renovation is near complete including a newly tiled bathroom. Each unit features 3 bedrooms, 1 bathroom, open floor plan, living room, dining area and kitchen. The main level is equally expansive with 3 bedrooms, 1 bathroom, living room and dining space. The main level has all initial framing, plumbing and rough electrical completed at the time of the listing. Pricing is subject to change and will increase based on the amount of work the homeowner has completed. Great opportunity to have input and help with design decisions as work is completed and moves towards the finished project. Additional information about the estimated cost of completing the remodel as well as potential future rental income can be discussed with the listing agent. All showings will be scheduled directly with the listing agent. Schedule your private showing today.

3209 Sturtevant Street, Detroit
2285 Cortland Street, Detroit
$135,000
2 Baths ⋅ 20261068971 MLS ⋅ ACTIVE Status
Great Investment Opportunity!! Located within 15 minutes from Downtown Detroit!! Home is near major roads, restaurants and public transportation. 2 unit property, each unit has 2 bedrooms/1 bath. There have been some updates throughout.

2285 Cortland Street, Detroit
1650 Blaine Street, Detroit
$60,000
3 Beds ⋅ 3 Baths ⋅ 20261065162 MLS ⋅ ACTIVE Status
Great investment opportunity for both local and out-of-state investors! 1650 Blaine, including the adjacent 3,485 sq. ft. vacant lot at 1644 Blaine, offers an opportunity to invest in Detroit’s 48206 area. Centrally located near New Center, Virginia Park, Midtown, Henry Ford Hospital, Wayne State University, and Downtown Detroit, the property provides convenient access to major freeways, employment centers, healthcare, dining, and entertainment.Surrounded by Detroit’s historic architecture and continued neighborhood investment, this property is ready for an investor with the vision to bring it back to life. Whether you’re considering a renovation project, rental property, value add opportunity, or buy-and-hold investment, the additional land provides even more possibilities for the next owner.Bring your contractor, run your numbers, and come see the potential for yourself. 1650 Blaine and 1644 Blaine are being sold together as-is. Buyer and buyer’s agent to verify all information.

1650 Blaine Street, Detroit
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