$69,000
Detroit, MI 48238
MLS# 26041808
3 beds | 2 baths | 1387 sqft
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Property Description
Investor Special! Attention real estate investors and fix and flippers! Tap into the momentum of Detroit's historic neighborhoods with this high-potential single-family asset located at 3317 Waverly Street. Built in 1926, this property boasts the robust foundational bones and classic architectural layout that modern buyers and tenants love. Featuring 1,387 square feet of living space, public records indicate a flexible footprint that easily supports a high-demand 3-bedroom, 1.5-bathroom configuration. This property is a blank canvas ready for your custom renovation crew to add massive sweat equity. * Estimated ARV (After Repair Value): $185,000 - $199,000 (Based on recent local comps for fully updated 3-bed craftsman homes in the 48238 ZIP code).Conveniently located with fast access to major transit lines, local shopping hubs, and community schools like Durfee and Central Collegiate Academy. Properties with this much raw equity potential do not last long on the Detroit market.
Details
Location & Property Info
Cross Streets: S. Davidson, E. Dexter
Property Sub-Type: Single Family Residence
Municipality: Detroit City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 49.75
Ownership Type: Private Owned
General Property Info
New Construction: No
Lot Dimensions: 40 x 80
Road Frontage: 40
Garage Y/N: Yes
Garage Spaces: 1
Fireplace: Yes
Total Fireplaces: 1
Waterfront: No
Income Property: Yes
Basement: Yes
Total Rooms AG: 9
Total Fin SqFt All Levels: 1387
SqFt Above Grade: 1387
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 0
Building Total SqFt: 1387
Total Beds Above Grade: 3
Main Level Primary: No
Stories: 2
School District: Detroit
Elementary School: Durfee Elementary-Middle School
High School: Detroit Collegiate Preparatory High School at Northwestern
Middle School: Durfee Elementary-Middle School
Association YN: No
Lot Measurement: Acres
Lot Acres: 0.08
Lot Square Footage: 3485
Year Built: 1926
Total Bedrooms: 3
Full Baths: 1
Half Baths: 1
Total Baths: 2
Tax Info
Taxable Value: 9565
SEV: 20900
For Tax Year: 2025
Seller's Annual Property Tax: 1448
Tax Year: 2025
Homestead %: 100
Spec Assessment & Type: 0
Tax ID #: 12004395.
Remarks & Misc
Public Remarks: Investor Special! Attention real estate investors and fix and flippers! Tap into the momentum of Detroit's historic neighborhoods with this high-potential single-family asset located at 3317 Waverly Street. Built in 1926, this property boasts the robust foundational bones and classic architectural layout that modern buyers and tenants love. Featuring 1,387 square feet of living space, public records indicate a flexible footprint that easily supports a high-demand 3-bedroom, 1.5-bathroom configuration. This property is a blank canvas ready for your custom renovation crew to add massive sweat equity. * Estimated ARV (After Repair Value): $185,000 - $199,000 (Based on recent local comps for fully updated 3-bed craftsman homes in the 48238 ZIP code).Conveniently located with fast access to major transit lines, local shopping hubs, and community schools like Durfee and Central Collegiate Academy. Properties with this much raw equity potential do not last long on the Detroit market.
Legal: S WAVERLY 45 SULLIVANS DEXTER BOULEVARD SUB L46 P30 PLATS, W C R 12/287 35 X 102
Sewer
Public Sewer: 1
Water
Private Water: 1
Public: 1
Terms Available
Cash: 1
Laundry Features
Electric Dryer Hookup: 1
Gas Dryer Hookup: 1
In Basement: 1
Washer Hookup: 1
Exterior Material
Brick: 1
Parking Features
Detached: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Access Feat
Accessibility Features: No
Upper Rooms
Upper Bedrooms: 3
Upper Full Baths: 1
Upper Level Square Feet: 798
Total Baths Above Grade: 2
Main Rooms
Main Half Baths: 1
Main Level SQFT: 811
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Basement Rooms
Basement Finished SQFT: 670
Total Basement SQFT: 670
Substructure
Full: 1
Fireplace
Living Room: 1
Additional Items
Ceiling Fan(s): 1
Appliances
Refrigerator: 1
Patio and Porch Features
Porch(es): 1
Covered: 1
Flooring
Tile: 1
Wood: 1
Architectural Style
Colonial: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Wayne
Street #: 3317
Street Name: Waverly
State: MI
Zip Code: 48238
Zip (4): 3383
OfficeContract Info
Status: Active
List Price: $69,000
Current Price: $69,000
Listing Date: 2026-08-11
Property Features
Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; In Basement; Washer Hookup
Exterior Material: Brick
Substructure: Full
Sewer: Public Sewer
Water: Private Water; Public
Fireplace: Living Room
Additional Items: Ceiling Fan(s)
Appliances: Refrigerator
Heat Source: Natural Gas
Heat Type: Forced Air
Flooring: Tile; Wood
Patio and Porch Features: Covered; Porch(es)
Parking Features: Detached
Architectural Style: Colonial
Terms Available: Cash
Possession: Close Of Escrow
Sale Conditions: None
Listing Office: MI Property Xperts LLC
Listing Agent: Stephanie Lewis
Last Updated: August - 23 - 2026
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