14014 Washburn Street Detroit, MI $ 40,000
14014 Washburn Street
$ 40,000
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14014 Washburn Street

Detroit, MI, 48238
$ 40,000
Bedrooms2 Baths1.0 Sq 876

Monthly Estimate*

$ 246

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Single Family Home for sale in Detroit, MI

for $40,000 with 2 bedrooms and 1 full bath. This 876 square foot home was built in 1924 on a lot size of 0.09.

This 2-bed, 1-bath ranch sits on a corner lot with high ceilings, amazing natural light, a full basement, and a large attic, offering the kind of structure investors look for when building long-term cash flow. The seller has already absorbed the major capital expenses that typically stall deals or blow up budgets: a new roof, premium windows from Los Angeles, all new plumbing, and a full interior gut and rebuild. Drywall and paint are complete, the bathroom is prepped for final finishes, and the kitchen is partially installed with custom cabinetry and ready for cosmetic completion. The front of the home has been updated with new stucco, and a new paver walkway is already in place. The remaining work is straightforward and strategic: final cosmetics, some electrical and addressing the foundation, which will likely require attention but does not negate the solid structure already in place. This is not a scenario where hidden systems or deferred maintenance will erode returns. The heavy lifting is already done, allowing an investor to control costs and timelines. Directly across the street on Washburn, three lots are owned by the Detroit Land Bank Authority, presenting future potential to expand your footprint or benefit from surrounding redevelopment. The area is actively improving, with a strong investor presence and continued momentum. Projected rental income supports an estimated ARV of approximately $1,100–$1,200 per month, positioning this property as a true buy-and-hold opportunity. This is not a flip play. It's a cash-flow-focused asset designed for investors who build wealth through steady income in appreciating Detroit neighborhoods. The home is being sold as-is.

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Single Family Active

Price

$ 40,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 1,147

Style

Ranch

Lot Size

0.09

Year Built

1924

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60966943

Features
General
Heating 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 1924
Subdivision Wyoming Heights MI
Style Ranch
County Wayne
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Detroit
Sale/Rent For Sale
Status Detail 0
Structure Style 1 Story
Area Detroit (82001)
Primary City Detroit
Directions Corner of Washburn and Kendall St West of Wyoming
City Detroit
School District Detroit City School District
Financial Terms Cash FHA 203K
Legal Description E WASHBURN 31 WYOMING HEIGHTS SUB L38 P7 PLATS W C R 16/406 31.36 IRREG
DOM 1
Postal Code 48238
Price Per Sq Ft Total AG 45.66
Public Remarks This 2-bed 1-bath ranch sits on a corner lot with high ceilings amazing natural light a full basement and a large attic
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Interior
Dining Room Level Entry
Basement Unfinished
Bedroom 1 Level Entry
Bedroom 2 Level Entry
Beds 2
Fireplace? No
Total Rooms 6
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Exterior
Exterior Vinyl Siding
Frontage 31
Lot Size Area 0.09
Pool (Y/N) No
Lot Dimensions 31x122
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Gentraia Brown

Listing Agent

Remax City Centre

Broker

gentraiabrown@gmail.com

Email

Affordability Calculator

$342
Per Month
72%
28%
0%
Monthly Principal & Interest
$246
Monthly Property Taxes
$96
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.
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Nearby
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/31/2026$40,000 Listed Price

Map


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14014 Washburn Street, Detroit, MI, 48238 is a Single Family Home for sale at $40,000 with 876 sqft and a lot size of 0.09. 14014 Washburn Street has 2 bedrooms, 1.0 baths, and was built in 1924. The property's zip code is 48238 which is in Detroit, MI