8247 Auburn Street
Detroit, MI, 48228 $ 48,500
Bedrooms3 Baths1.0 Sq 1,828 Monthly Estimate*
$ 299
for $48,500 with 3 bedrooms and 1 full bath. This 1,828 square foot home was built in 1948 on a lot size of 0.11.
INVESTOR SPECIAL | FHA 203(k) OPPORTUNITY | VALUE-ADD DETROIT RANCH Attention investors, rehabbers, and savvy homebuyers! Welcome to 8247 Auburn, a spacious 3-bedroom ranch packed with potential and positioned for significant upside. Whether you're looking for your next fix-and-flip, BRRRR investment, rental property, or a home to renovate with FHA 203(k) financing, this is an opportunity you won't want to miss. The major systems have already been addressed, with the electrical, plumbing, and HVAC systems reported to be in solid condition, allowing the next owner to focus primarily on cosmetic improvements and value-enhancing updates. The home features a functional layout, generous room sizes, a large backyard, basement space for storage or future finishing possibilities, and plenty of room to build equity. With some vision and renovations, this property has the potential to become a beautiful owner-occupied residence or a strong cash-flowing investment. Located near schools, shopping, restaurants, major roadways, and everyday conveniences, the location adds even more appeal. Property Highlights: 3 Bedrooms Functional Ranch Floor Plan Electrical, Plumbing & HVAC Systems in Place Basement for Storage & Additional Potential Large Backyard Strong Rental & Resale Potential Ideal for FHA 203(k) Financing Perfect for Fix & Flip, BRRRR, Rental, or Owner-Occupant Renovation Properties with solid mechanical systems and this much upside are becoming increasingly difficult to find. Bring your contractor, your vision, and your creativity—this is your chance to transform a diamond in the rough into something special. Sold As-Is. Buyer to verify all information. Schedule your showing today and explore the possibilities! ADDITIONAL PHOTOS AVAILABLE UPON REQUEST.
See more
FeaturesGeneralSewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Patio/Porch Features Porch
Architectural Style Traditional
Pool Features None
Construction Materials BrickVeneer VinylSiding
Year Built 1948
Electric Volts220 CircuitBreakers
Levels One
Property Subtype SingleFamilyResidence
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage N
Garage Y/N N
Total Rooms 5
Full Baths 1
Status Active
Directions I-96 west to Southfield to exit 9 Joy Road turn left on Auburn.
City DetroitCity_Wayne
Disclosures NoRestrictions TaxesHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N N
High School District Detroit
MLS Area Area05092DetJoyDbnHtGrnfldLimits
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2583.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 16129
Expected Active Date 2026-06-11
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2020. W AUBURN 339 & E 9 FT OF VAC ALLEY ADJ SLOANS PARK DRIVE SUB L48 P52 PLATS
See more
InteriorBasement Full Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 918.0
Half Baths 0
Total Bedrooms 3
Below Grade Finished Area 910.0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 1
See more
ExteriorParking Features NoGarage
Water Source WateratStreet
Foundation Details Basement Block
Spa N
Lot Dimensions 35X129
Lot Size Acres 0.11
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
* Excluded FeaturesList ByAdrienne PonceListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $299
- Monthly Property Taxes
- $215
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Detroit, MI
Average List Price $132,590
Percent of Sale Price 173%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/11/2026 | $48,500 | | Listed Price |