8247 Auburn Street
Detroit, MI, 48228 $ 48,500
Bedrooms3 Baths1.0 Sq 918 Monthly Estimate*
$ 299
for $48,500 with 3 bedrooms and 1 full bath. This 918 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.
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FeaturesGeneralHeating Forced Air
Kitchen Level Entry
Possession At Close
Water Public Water at Street
Status Active Active
Full Baths 1
Half Baths 0
Bathrooms 1
Year Built 1948
Water Heater Gas
Style Traditional
County Wayne
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Detroit
Subdivision MI
Sale/Rent For Sale
Status Detail 0
Structure Style 1 Story
Area Detroit (82001)
Primary City Detroit
Directions I-96 west to Southfield to exit 9 Joy Road turn left on Auburn.
City Detroit
School District Detroit City School District
Financial Terms Cash FHA 203K
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
DOM 3
Postal Code 48228
Price Per Sq Ft Total AG 52.83
Public Remarks INVESTOR SPECIAL FHA 203(k) OPPORTUNITY VALUE-ADD DETROIT RANCH Attention investors rehabbers and savvy homebuyers! Welcome to 8247 Auburn
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InteriorDining Room Level Entry
Basement Unfinished
Bedroom 3 Level Entry
Bedroom 1 Level Entry
Bedroom 2 Level Entry
Beds 3
Fireplace? No
Total Rooms 6
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ExteriorExterior Vinyl Siding
Exterior Amenities Porch
Frontage 35
Lot Size Area 0.11
Pool (Y/N) No
Lot Dimensions 35X129
Roads Paved Street
Waterfront Y/N No
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* Excluded FeaturesList ByAdrienne PonceListing Agent
adrienne.ponce@exprealty.comEmail
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.
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/11/2026 | $48,500 | | Listed Price |