18988 Algonac Street, Detroit, MI 48234

Detroit
Local realty services provided by:ERA Prime Real Estate Group
18988 Algonac Street,Detroit, MI 48234
$95,000
  • 3 Beds
  • 1 Baths
  • 1,040 sq. ft.
  • Single family
  • Active
Listed by: marta kopania
Office: realtyflo inc
MLS#:20261031720
Source:MI_REALCOMP

Price summary

  • Price:$95,000
  • Price per sq. ft.:$91.35

About this home

WELCOME TO 18988 ALGONAC — A TURNKEY SECTION 8 INVESTMENT OPPORTUNITY LOCATED ON DETROIT’S EAST SIDE. THIS 3-BEDROOM, 1-BATHROOM HOME IS CURRENTLY LEASED TO A SECTION 8 TENANT AT $1,200 PER MONTH WITH A FRESH LEASE IN PLACE, PROVIDING IMMEDIATE CASH FLOW FROM DAY ONE. THE PROPERTY WAS FRESHLY RENOVATED IN 2026 AND OFFERS A LOW-MAINTENANCE INVESTMENT SETUP WITH THE TENANT RESPONSIBLE FOR ALL UTILITIES AND LAWN MAINTENANCE. STRONG RENTAL PERFORMANCE, RELIABLE GOVERNMENT-BACKED INCOME, AND A SOLID TENANT PLACEMENT MAKE THIS PROPERTY AN EXCELLENT ADDITION TO ANY INVESTOR’S PORTFOLIO. PROPERTY MAY BE PURCHASED INDIVIDUALLY OR AS A PACKAGE WITH 3423 BUCKINGHAM, WHICH IS CURRENTLY GENERATING $1,000 IN MONTHLY RENT. NO SHOWINGS WITHOUT AN ACCEPTED FULL PRICE OFFER.

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Home facts

  • Year built:1952
  • Listing ID #:20261031720
  • Added:69 day(s) ago
  • Updated:July 21, 2026 at 10:06 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:3
  • Basement Description:Unfinished
  • Living area:1,040 sq. ft.

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1952
  • Building area:1,040 sq. ft.
  • Lot area:0.09 Acres
  • Architectural Style:Bungalow
  • Construction Materials:Brick
  • Foundation Description:Basement, Poured
  • Levels:Two

Utilities

  • Water:Water at Street
  • Sewer:Sewer at Street

Finances and disclosures

  • Price:$95,000
  • Price per sq. ft.:$91.35
  • Tax amount:$1,025

Parking

  • Parking description:Detached, One Car Garage
  • Garage spaces:1
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