14014 Washburn ST, Detroit, MI 48238
$20,000
Est.Price: ?

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2 BD
1 BA
876 SqFt

14014 Washburn ST Detroit, MI 48238

Est. payment /mo
SOLD DATE : 04/03/2026

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Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Sold

Purchase Type For Sale

Square Footage 876 sqft

Price per Sqft $19

Subdivision Wyoming Heights

MLS Listing ID 20261006278

Sold Date 04/03/26

Style Ranch

Bedrooms 2

Full Baths 1

Year Built 1924

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type SingleFamilyResidence

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 great buy-and-hold opportunity as well. The home is being sold as-is with a free and clear title.

Location

State MI

County Wayne

Area Area05042Det6Tiregrnfldlivernois

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Parking Features NoGarage

Pool None

View Y/N No

Garage false

Building

Lot Description CornerLot

Foundation Basement, Block

Sewer Sewer At Street

Water WateratStreet

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, FHA203K

Listing Terms Cash, FHA203K

Special Listing Condition ShortSaleNo, Standard

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Realcomp MLS
Listed by Gentraia Brown of REMAX City Centre
Bought with REMAX City Centre

NEARBY SCHOOLS & BUSINESSES

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Cyrus Wheeler

Cyrus Wheeler

Broker

+1(313) 482-7432

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