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About This Home

This 3-bedroom, 2-bathroom single family at 16560 Ward Avenue in Detroit, MI is listed for $40,000 ($28 per sqft). Built in 1929, the home offers 1,432 sqft of living space on a 0.10 acres lot.

Agent Description

This two-story single-family home offers renovation potential in an established Detroit neighborhood. The property features three bedrooms and one bathroom and has already undergone full interior demolition down to the studs, providing a clean slate for investors to complete a comprehensive renovation with clarity and efficiency.

With framing exposed, the uncertainty of hidden issues is significantly reduced, allowing for a more predictable rehab process and streamlined execution. The existing footprint supports a functional and marketable layout suitable for modern finishes and updated systems.

The square footage and two-story design allow flexibility to create comfortable living spaces that align with current buyer and tenant expectations. This property presents a strong opportunity for investors pursuing either a resale or long-term rental strategy.

The home is positioned for a full renovation including interior finishes, mechanical updates, and exterior improvements to maximize its potential. Once completed, the property is well-suited to attract qualified buyers or tenants seeking updated housing in a revitalizing area. Property is being sold as-is.

Key Features

  • Built in 1929
  • 0.10 acre lot
  • 2 stories

Property Details

2 stories
1 full, 1 half
1929

Monthly Cost Estimate

$214/mo

20% down · 6.5% · 30 years

Principal$29
Interest$173
Insurance$12

Estimates only. Actual payments may vary.

Location

16560 Ward Avenue

Detroit, MI 48235

Property Details

Flooring

Wood

Construction

Block

Questions & Answers

This 3-bedroom, 2-bathroom single family at 16560 Ward Avenue is listed at $40,000 ($28/sqft). The estimated monthly payment is $173 based on 20% down at 6.5% interest.

Key features include: Built in 1929, 0.10 acre lot, 2 stories.

This property is listed by Charles Campbell and can be reached at 5616329673 or CCampbell@ListWithFreedom.com.

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CC

Charles Campbell

Agent at ListWithFreedom.com

(561) 632-9673

Listed by ListWithFreedom.com

MLS# 26002041· Source: listhub· Updated 84 days ago

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16560 Ward Avenue, Detroit, MI 48235

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