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About This Home
This 3-bedroom, 1-bathroom single family at 15411 Ferguson Street in Detroit, MI is listed for $79,900 ($62 per sqft). Built in 1928, the home offers 1,291 sqft of living space on a 0.11 acres lot.
Located in Detroit's established B.E. Taylors Luana Subdivision, this is a compelling opportunity with a huge spread investors or sweat equity deal hunters seeking a value-add project in a neighborhood known for its classic brick colonials, strong rental demand, and active sales activity.
The surrounding area features a consistent housing stock of larger two-story homes, many with basements and garages, creating a solid foundation for both renovation and long-term hold strategies. Ferguson continues to see investor interest due to its affordability, proximity to major roads, shopping, and employment corridors, while recent neighborhood sales demonstrate ongoing demand for updated properties.
This brick colonial offers the kind of spread and upside experienced investors look for - a chance to create meaningful equity through improvements in an area where well-executed renovations continue to attract buyers and tenants alike. And speaking of tenants - unlike many of the other properties for sale in the area, this property is vacant and will be vacant at closing.
There are no territorial tenants complicating things or preventing your entry or ability to do a peaceful and private walkthrough. Situations like this are very rare in this area, so don't miss out. Listing broker holds contractual equitable interest in the property and may receive consideration from the transaction.
Property is being marketed pursuant to a purchase agreement with the seller. Closing will be conducted via contract assignment. Seller to provide marketable title at closing. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including title insurance and closing fees. Sold AS IS - Buyer to verify all information listed.
Key Features
- Built in 1928
- 0.11 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$427/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
15411 Ferguson Street
Detroit, MI 48227
B E Taylors Luana Sub
Property Details
Construction
Heating
Questions & Answers
This 3-bedroom, 1-bathroom single family at 15411 Ferguson Street is listed at $79,900 ($62/sqft). The estimated monthly payment is $346 based on 20% down at 6.5% interest.
Key features include: Built in 1928, 0.11 acre lot, 2 stories.
This property is listed by Bobby Hesley and can be reached at (313) 528-3002 or BobbyHesley@gmail.com.








