HYVE
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Available

14024 Lamphere St

Detroit, MI 48223
  • 2 bed
  • 1 bath
  • 736 sqft
  • 4,356 sqft lot
Investment details
Asking
$33,000
ARV
$70.665k
Fix & flip profit
$15k-$20k
Rent estimate
$1,085/mo

Why you need this deal

True value-add opportunity in Detroit priced well below market, giving investors a clean entry point with strong upside. Based on recent comparable sales in the immediate area, the property supports an estimated ARV of ~$70K+, making this an ideal project for a light-to-moderate rehab investor or buy-and-hold landlord. The deal is positioned for a straightforward renovation, with estimated rehab costs between $20K-$23K, allowing for a relatively quick turnaround and solid margin. Vacant with lock box access for easy walk-throughs.

Comparable sales

  • 14437 Dacosta St, Detroit, MI 48223
    $66,995
  • 11747 W Outer Dr, Detroit, MI 48223
    $70,000
  • 15356 Patton St, Detroit, MI 48223
    $75,000

Repairs

Estimated finish budget: $20k-$23k depending on contractor.

  • Interior cosmetic updates
  • Kitchen/bath refresh
  • Paint, flooring, fixtures
  • Minor systems/mechanical updates as needed

Walkthrough