48238 Homes under $150,000

48238 Homes under $150,000

Welcome to the vibrant neighborhood of Detroit, nestled within the heart of Wayne County, where the zip code 48238 offers an exciting blend of urban charm and community spirit. This area is a hidden gem, perfect for first-time homebuyers, investors, or anyone looking to embrace the rich culture and history of the Motor City.

In 48238, you'll discover an array of homes priced under $150,000, making it an ideal destination for those seeking affordability without compromising on the essence of city living. These homes often feature classic architectural styles, spacious layouts, and plenty of potential for personalization. Whether you're looking for a cozy bungalow, a quaint ranch-style home, or a charming two-story residence, there's something here to suit your taste and budget.

Living in this dynamic zip code means you’re just moments away from the excitement of downtown Detroit. Enjoy the vibrant arts scene, delectable dining options, and a plethora of entertainment venues that make this city so unique. The community is also well-connected with public transportation, ensuring easy access to all that the greater Detroit area has to offer.

Additionally, the 48238 area is rich in community resources, with local parks, schools, and shopping centers nearby. It’s a neighborhood where neighbors know each other, and community events bring everyone together.

With homes under $150,000, the 48238 zip code is not just a place to live; it’s an opportunity to thrive in a community that celebrates resilience and renewal. Come explore the possibilities and find your perfect home in this promising part of Detroit!

Newest 48238 Homes under $150,000

4066 Tyler Street, Detroit
$148,000
3 Baths ⋅ 20261081011 MLS ⋅ ACTIVE Status
NO creative financing or land contract will be considered!! Serious buyers only. Updated 3-unit brick multi-family in the heart of historic Russell Woods—ideal for investors or owner-occupants seeking strong income potential and long-term stability. Each of the three independent units offers its own kitchen, bathroom, gas and electrical meters, and private layout, including one spacious 3-bedroom unit and two well-appointed 1-bedroom units, creating a flexible setup for maximizing rental income or living in one unit while renting the others. Recent improvements include a new roof (2022), new windows, updated plumbing and electrical systems, and newer furnaces, supporting low-maintenance ownership and reliable performance. The property also features a large basement with laundry hookups and a 3-car garage, a rare advantage in this area. Located on a quiet, pride-of-ownership block in the Russell Woods Historic District, the home sits among well-maintained brick architecture and benefits from ongoing neighborhood reinvestment, including revitalized streets and infrastructure upgrades. With convenient access to major roads, schools, parks, and amenities, this location continues to attract stable tenants and long-term demand. Perfect for house hackers or investors adding a high-quality asset to their portfolio. FHA and VA buyers are welcome. Schedule your showing today—opportunities like this are limited. BATVAI.

4066 Tyler Street, Detroit
15340 Wisconsin Street, Detroit
$50,000
3 Beds ⋅ 1 Baths ⋅ 20261080154 MLS ⋅ ACTIVE Status
Long term tenant occupied paying $1050/month. They would like to stay. Price reflects conditions. Seller will offer no reductions or concessions after inspection.

15340 Wisconsin Street, Detroit
2023 Ewald Circle, Detroit
$120,000
2 Baths ⋅ 20261080756 MLS ⋅ ACTIVE Status
INVESTOR OPPORTUNITY – FULLY OCCUPIED BRICK DUPLEX 2023-2029 Ewald Cir! Add this income-producing Detroit property to your portfolio. Both units are currently rented at $900 per month each, generating $1,800 in gross monthly rental income. Solid brick construction with existing tenants already in place offers immediate cash flow from day one. Great opportunity for investors looking to expand their Detroit rental portfolio with a fully occupied multifamily property. Do not disturb tenants.

2023 Ewald Circle, Detroit
15488 Wildemere Street, Detroit
$72,000
2 Beds ⋅ 1 Baths ⋅ 20261078729 MLS ⋅ COMING SOON Status
Detroit's leading home seller presents this promising 1924 bungalow full of classic character, with warm hardwood floors, two bedrooms plus a home office, and a full basement in a great location just minutes from the University of Detroit Mercy. A covered front porch welcomes you into a bright living room where a stylish fireplace feature anchors the space and big windows let natural light spill across the hardwood floors. The living room flows right into the dining area, an easy spot for everyday meals that opens straight into the kitchen. The kitchen offers plenty of cabinet space, open shelving, tile floors, and windows over the sink that keep everything light and airy. A main floor bedroom with hardwood floors sits just off the hall alongside a full bath with a tub and tile surround. A dedicated main level office makes working from home simple and holds the staircase up to the spacious primary bedroom, a long, quiet retreat tucked under the roofline with room for a sitting area, dressing space, or reading nook. Down below, the full basement provides ample storage space and room to grow. Out back, a partially fenced yard is ready for gardens, play, or summer get togethers. Ready for your finishing touches, this is a wonderful opportunity to bring your vision to life and build equity in a well-established neighborhood close to the shops and restaurants along Livernois's Avenue of Fashion. Welcome Home!

15488 Wildemere Street, Detroit
4342 Tyler Street, Detroit
$125,000
2 Baths ⋅ 20261080277 MLS ⋅ ACTIVE BACKUP Status
Welcome to this spacious, historical multi-family residence in the heart of Russell Woods. This beautifully newly renovated, turn-key ready property is the perfect addition to your rental portfolio. Each unit features a cozy fireplace and private basement access for added convenience and privacy. The home offers a spacious attic, ideal for use as additional storage or living space. Situated in a prime, developing location projects currently underway on Dexter, you are just moments away from parks, shopping, popular restaurants, and convenient freeway access. With major electrical and plumbing updates already completed and DTE service fully activated, this is an incredible opportunity for the savvy investor seeking multiple income streams in one location, or for a homeowner looking to live in one unit while offsetting costs by renting the other.

4342 Tyler Street, Detroit
13997 Cloverlawn Street, Detroit
$129,900
4 Beds ⋅ 2 Baths ⋅ 20261080206 MLS ⋅ ACTIVE Status
Welcome to your dream home! This fully remodeled 4-bedroom, 2-full bath residence offers modern finishes, quality craftsmanship, and worry-free living. Major upgrades include a new roof, energy-efficient windows, updated electrical, and all-new plumbing. The open layout is perfect for entertaining, while the spacious bedrooms provide comfort and flexibility. Ideal for homeowners or investors seeking a truly turnkey property. Schedule your private showing today!

13997 Cloverlawn Street, Detroit
3225 Fullerton Street, Detroit
$50,000
7 Beds ⋅ 3 Baths ⋅ 20261078101 MLS ⋅ ACTIVE Status
A Truly Unique Investment Opportunity in Detroit’s Dexter-Davidson NeighborhoodDiscover a rare opportunity on a beautiful, tree-lined street in Detroit’s highly sought-after Dexter-Davidson area. This distinctive property offers a 3-bedroom lower flat and a spacious upper flat with four bedrooms, including a remarkable third-floor loft apartment with its own kitchen, bathroom, and living space.The third-floor loft creates a unique private living or office environment, separated from the main second-floor living area. Whether used as a private residence, home office, guest suite, creative studio, or additional rental space, the possibilities are exceptional. The home also features hardwood floors and artifical fireplaces and mantels.This is a DIY ground-up restoration opportunity in an area where numerous surrounding homes are currently undergoing extensive restoration and investment. The combination of the property's generous layout, distinctive third-floor loft, attractive location, and potential for customization makes this a property with significant long-term possibilities.Situated on a truly beautiful, tree-lined residential street, the home offers the opportunity to become part of the continued revitalization of the Dexter-Davidson neighborhood.Unique layout. Exceptional potential. Strategic location. A rare opportunity to create a property for the future.

3225 Fullerton Street, Detroit
2708 W Grand Street, Detroit
$84,900
2 Baths ⋅ 26052739 MLS ⋅ ACTIVE Status
Solid & spacious 2 family home with 3 Bedrooms up & 3 Bedrooms main floor (1300 Sq. ft. each unit). Owner has done much of the "heavy lifting"...New architectural shingle roof 2025' inc. new decking & waterproof underlayment. New Circuit breaker electric & all new wires throughout, New incoming hot & cold waterlines, New pvc drains (above ground). 2 Electric meters, 2 Gas meters, Owner has 2 separate water heaters and gas furnaces (not sure if working or not)*1st floor features Open-concept kitchen & dining room (wall was removed) spacious living rooms with fireplaces, good size rooms throughout. Private, separate front & side entrances, Separate Basement staircases so basement could easily be separate sides inc. 2 laundry tubs. Many newer windows & front & side doors. Kitchens have been started, house needs finishing, X=tra materials could be left * Vacant lots (1,2 or 3 vacant lots to the left are owned by land bank & could be available cheap for extra parking, building, garden etc.

2708 W Grand Street, Detroit
3230 Leslie Street, Detroit
$150,000
4 Beds ⋅ 2 Baths ⋅ 20261079438 MLS ⋅ ACTIVE Status
Welcome to 3230 Leslie Street, a classic brick Tudor offering 4 bedrooms, 1.5 bathrooms, a full basement, third-floor bonus space, and a 2-car detached garage. Improvements include plumbing, electrical, and heating system updates within the past 5 years, a front porch completed in 2024, and a garage roof completed in 2025. The home features forced-air natural-gas heating, a spacious living room, formal dining area, kitchen, four bedrooms on the second floor, and additional space throughout the home ready for the next owner’s vision.Bring your ideas and make this home your own! The existing layout provides plenty of opportunities to refresh and personalize the interior, redesign the kitchen and bathrooms, create a home office or creative space, and explore the possibilities of the third-floor bonus area. The unfinished basement provides additional room for storage, laundry, a workshop, or potential future improvements. With its classic Tudor architecture, brick exterior, multiple levels, and generous interior space, this home offers the opportunity to preserve its original character while adding your own style and finishes.Location adds even more appeal. Situated in Detroit’s Lathrups Dexter Blvd subdivision and near the historic Boston-Edison District, the home is approximately 2 miles from New Center, the Fisher Building, Motown Museum, and Henry Ford Hospital; approximately 3–4 miles from Midtown, Wayne State University, the Detroit Institute of Arts, Detroit Historical Museum, and Charles H. Wright Museum; and approximately 5–7 miles from Downtown Detroit, Eastern Market, Little Caesars Arena, Comerica Park, Ford Field, and the Detroit Riverfront. Convenient access to M-10, M-8, and I-94 provides easy connections throughout Metro Detroit, with shopping, dining, entertainment, cultural destinations, and everyday conveniences nearby.BATVAI

3230 Leslie Street, Detroit
14833 Wildemere Street, Detroit
$55,000
2 Beds ⋅ 1 Baths ⋅ 20261077007 MLS ⋅ ACTIVE Status
Income-producing investment opportunity in Detroit! This property is currently utilized as transitional housing and is being offered with an established income-producing use in place. Ideal opportunity for an investor looking to add a cash-flowing property to their portfolio or explore continued use as transitional, supportive, or similar housing, subject to all applicable licensing, zoning, governmental and program requirements. Buyer may elect to purchase the property with the current occupancy arrangement or have the property delivered vacant at closing. Property features 2 bedrooms, 1 full bath and approximately 930 square feet. Please do not disturb occupants. Showings by confirmed appointment only. Buyer and buyer's agent to verify all information, permitted uses, licensing requirements, income, expenses and program details.

14833 Wildemere Street, Detroit
15457 Cloverlawn Avenue, Detroit
$129,999
3 Beds ⋅ 2 Baths ⋅ 26052139 MLS ⋅ ACTIVE Status
CORNER-LOT OPPORTUNITY with flexible living space, updated finishes, and a covered front porch! This versatile home offers sleeping quarters and living space on both levels, with a full bath on each floor. The flexible layout provides options for a variety of household needs, additional living space, guests, work-from-home space, or hobbies. Enjoy stylish flooring in the main-level living and dining areas, along with neutral paint and a convenient corner-lot setting. Recent updates include a hot water tank installed in 2026.For investors, the flexible layout offers potential for income-producing use. Conveniently located near the John C. Lodge Freeway and approximately 1.7 miles from University of Detroit Mercy, with access to nearby shopping, dining, education, and Detroit-area amenities. Inquire today!

15457 Cloverlawn Avenue, Detroit
15751 Fairfield Street, Detroit
$94,999
2 Beds ⋅ 1 Baths ⋅ 26052131 MLS ⋅ ACTIVE Status
Updated Detroit home with flexible space and desirable features! Located near Detroit's historic Avenue of Fashion, University of Detroit Mercy, restaurants, shopping, parks, and convenient highway access, this home offers easy access to a variety of Detroit amenities. Inside, enjoy updated LVP flooring, neutral paint, and an updated kitchen featuring shaker-style cabinetry. A full basement provides additional storage space, while the unfinished attic offers potential for future use, subject to applicable requirements. Outside, a fenced front yard, enclosed front porch, and rear yard provide additional space to enjoy. Recent updates include LVP flooring and kitchen cabinetry in 2024 and a furnace in 2025. A versatile opportunity for investors or those seeking a primary residence alike, with updated features and unfinished space ready for your vision to come to life. Inquire today!

15751 Fairfield Street, Detroit
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