48208 Homes under $150,000

48208 Homes under $150,000

Welcome to the vibrant and evolving neighborhood of Detroit, nestled in the heart of Wayne County, specifically within the zip code 48208. This area is a hidden gem, rich in history and brimming with potential. Known for its diverse community and unique architectural styles, 48208 offers a blend of urban living and suburban charm, making it an ideal choice for anyone looking to invest in the Motor City.

One of the most appealing aspects of this neighborhood is the availability of homes priced under $150,000. This affordability opens doors for first-time homebuyers, investors, and those looking to downsize without sacrificing quality or location. Whether you’re seeking a cozy bungalow or a spacious multi-family unit, the options are plentiful. Many homes in this area showcase the classic Detroit charm, with features like hardwood floors, intricate moldings, and expansive yards, all at a price point that makes homeownership accessible.

Living in 48208 means being part of a community that is on the rise. The area is undergoing revitalization, with new businesses and amenities popping up, making it an exciting time to plant your roots here. Enjoy nearby parks, local eateries, and easy access to public transportation, ensuring that everything you need is just a stone's throw away.

Explore the possibilities in Detroit's 48208 zip code—where affordability meets opportunity, and where your dream home awaits!

Newest 48208 Homes under $150,000

4537 Vinewood Street, Detroit
$30,000
3 Beds ⋅ 2 Baths ⋅ 20261084620 MLS ⋅ ACTIVE Status
INVESTOR SPECIAL Fully rehabbed, priced to move. 1,492 sqft single-family home built in 1911 is a blank canvas for the right investor. Bring your crew and your vision.Cash, as-is. Enter at your own risk. BATVAIOffer acceptance is subject to probate and Detroit Land Bank approval.

4537 Vinewood Street, Detroit
6184 Avery Street, Detroit
$110,000
3 Beds ⋅ 1 Baths ⋅ 20261077894 MLS ⋅ ACTIVE Status
OUTSTANDING REDEVELOPMENT OPPORTUNITY IN ONE OF DETROIT’S MOST STRATEGICALLY LOCATED GROWTH CORRIDORS! SITUATED NEAR HENRY FORD HOSPITAL AND ITS MAJOR EXPANDING MEDICAL AND RESEARCH CAMPUS, AND MINUTES FROM NEW CENTER, MIDTOWN, WOODBRIDGE, WAYNE STATE UNIVERSITY AND DOWNTOWN DETROIT. CONVENIENT ACCESS TO I-94 AND THE LODGE MAKES THIS AN EXCELLENT LOCATION FOR AN INVESTOR, DEVELOPER OR OWNER-OCCUPANT LOOKING TO RESTORE A HOME AND CREATE VALUE. THE PROPERTY REQUIRES EXTENSIVE RENOVATION AND IS BEING OFFERED FOR THE BUYER WITH THE VISION TO CAPITALIZE ON THE SURROUNDING INVESTMENT AND CONTINUED REDEVELOPMENT. LOCATION, POTENTIAL AND OPPORTUNITY COME TOGETHER AT 6184 AVERY.

6184 Avery Street, Detroit
1765 W Grand Boulevard, Detroit
$82,000
5 Beds ⋅ 3 Baths ⋅ 20261075002 MLS ⋅ ACTIVE Status
Outstanding investment or restoration opportunity on historic West Grand Blvd! This spacious, fully gutted home offers a blank canvas with massive potential, generous room sizes, and classic architectural presence—bring your contractor and vision to transform this property into a stunning custom residence or high-yield rental.

1765 W Grand Boulevard, Detroit
2939 Merrick Street, Detroit
$40,000
3 Beds ⋅ 1 Baths ⋅ 20261031211 MLS ⋅ ACTIVE Status
Here is an investment opportunity in Detroit's Core City. 3BR bungalow in need of full rehab. Good candidate to flip or fix up and rent. Verdant block with very few structures. Lots of development happening in this area. Minutes from Corktown, Midtown, Downtown Detroit.

2939 Merrick Street, Detroit
2546 W Forest Avenue, Detroit
$60,000
2 Beds ⋅ 1 Baths ⋅ 20261022764 MLS ⋅ ACTIVE Status
2546 W. Forest + 2540 W. Forest present a unique opportunity to acquire a structure in need of renovation along with an adjacent vacant lot. The DLBA is seeking a qualified proposal for the rehabilitation of 2546 W. Forest, with 2540 W. Forest to be included as part of the overall site plan and redevelopment approach.Proposals should clearly outline the scope of renovation for the existing structure, the intended use of the additional lot, project costs, timeline, and proof of funds sufficient to support completion. The strongest proposals will demonstrate a feasible redevelopment plan, relevant experience, and a cohesive vision for both parcels that contributes positively to the surrounding neighborhood.2546 & 2540 W Forest are part of a bundle package and must be sold together for $60,000.00 Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

2546 W Forest Avenue, Detroit
4226 18TH Street, Detroit
$60,000
3 Beds ⋅ 2 Baths ⋅ 20251054906 MLS ⋅ ACTIVE Status
This property is sold with 4200, 4206,and 4214 18th St. Not sold separately. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan with POF, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. The Tax Capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.

4226 18TH Street, Detroit
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