18659 Goulburn Street
Detroit, MI, 48205 $ 50,000
Bedrooms4 Baths2.0 Sq 1,440 Monthly Estimate*
$ 316
for $50,000 with 4 bedrooms and 2 full baths. This 1,440 square foot home was built in 1927 on a lot size of 0.1.
Fantastic investment opportunity awaits in Detroit’s Gratiot Meadows neighborhood! This solid brick colonial is a former Detroit Land Bank home that offers a massive head start, featuring approximately $80,000 in documented improvements already completed. The heavy lifting has been done for you, including a newer roof, a rebuilt front porch, some upgraded electrical, and some updated plumbing with new PEX water lines and a new hot water tank. Additionally, the property benefits from new basement windows, extensive interior wall repairs, professional drain work, complete demolition, a thorough yard cleanup, and the installation of all kitchen, bathroom, and heating elements required for Land Bank compliance. A Ring security system is also included for your peace of mind. Inside, you will find a spacious layout offering four bedrooms, two bathrooms, a formal dining room, and a full unfinished basement. While currently configured as a single-family home, this versatile property was previously used as a two-family duplex and can easily be re-converted back to a multi-family layout, matching the current seller's original plans. Bring your design vision to life, select your own custom finishes, and easily complete this renovation project. CASH ONLY.
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FeaturesGeneralSewer PublicSewer SewerAtStreet
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style Colonial
Pool Features None
Construction Materials Brick
Year Built 1927
Levels Two
Property Subtype SingleFamilyResidence
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name GRATIOT MEADOWS
Garage Y/N N
Total Rooms 4
Full Baths 2
Status Active
Directions 7 MILE AND HOOVER
City DetroitCity_Wayne
Disclosures TaxesNotHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N N
High School District Detroit
MLS Area Area05054Det8ToGratiotHoustonTo7
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 1131.0
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 Vacant
Tax Assessed Value 3600
Expected Active Date 2026-07-15
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2028. W GOULBURN 116 GRATIOT MEADOWS SUB L46 P57 PLATS W C R 21/687 35 X 120
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InteriorBasement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1440.0
Half Baths 0
Total Bedrooms 4
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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ExteriorParking Features NoGarage
Water Source Public WateratStreet
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 35X120
Lot Size Acres 0.1
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByBrittany L ValenskyListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $316
- Monthly Property Taxes
- $94
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $129,960
Percent of Sale Price 160%
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 |
|---|
| 7/15/2026 | $50,000 | | Listed Price |