7200 Edgeton Street Detroit, MI $ 115,000
7200 Edgeton Street
$ 115,000
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7200 Edgeton Street

Detroit, MI, 48212
$ 115,000
Bedrooms3 Baths1.0 Sq 950

Monthly Estimate*

$ 726

7200 Edgeton Street, Detroit, MI 48212 - Image 1
7200 Edgeton Street, Detroit, MI 48212 - Image 2

Single Family Home for sale in Detroit, MI

for $115,000 with 3 bedrooms and 1 full bath. This 950 square foot home was built in 1962 on a lot size of 0.1.

This renovated 3-bedroom, 1-bath ranch is currently tenant occupied under an active lease of $1,300 per month ($15,600 annually), offering investors an excellent opportunity to acquire an occupied rental property with long-term upside. Acquired in 2023 and extensively renovated prior to tenant occupancy, the home features updated flooring, fresh paint, an updated kitchen with modern cabinetry and countertops, a renovated bathroom, and numerous interior improvements throughout. The current tenant is in collections for prior rent obligations, with ownership actively pursuing collection efforts while maintaining the existing tenancy. Photos shown were taken prior to the current tenant's occupancy. Tenant occupied—please do not approach or disturb the tenant. Showings are reserved for parties with an accepted offer only. This property is one of 20 investment properties offered individually or as part of a portfolio acquisition. Sellers are willing to complete the portfolio transaction through an entity sale, providing a streamlined acquisition process and potential tax and operational advantages. Buyers are encouraged to consult with their legal and tax advisors regarding the benefits of an entity acquisition. Buyer and Buyer's Agent to verify all information.

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Single Family Active

Price

$ 115,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 2,849

Style

Ranch

Lot Size

0.1

Year Built

1962

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261056869

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession SubjectToTenantRights
Roof Asphalt
Garage Spaces 0.0
Architectural Style Ranch
Pool Features None
Construction Materials VinylSiding
Year Built 1962
Levels One
Property Subtype SingleFamilyResidence
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name HARRAHS NORTH DETROIT
Garage Y/N N
Total Rooms 3
Full Baths 1
Status Active
Directions Travel East on Davison past mound make a right on Edgeton
City DetroitCity_Wayne
Disclosures TaxesNotHomesteadExempt
Entry Location GroundLevel
Senior Community Y/N N
High School District Detroit
MLS Area Area05051Det68DequindreToConner
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2849.0
Home Warranty Y/N Y
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 14124
Expected Active Date 2026-07-27
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2021. S EDGETON 268 E 9 FT 269 HARRAHS N DETROIT SUB L37 P48 PLATS W C R 15/200 4
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Exterior
Parking Features NoGarage
Water Source Public
Foundation Details Slab
Spa N
Lot Dimensions 42X100
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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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 950.0
Half Baths 0
Total Bedrooms 3
Above Grade Finished Area Unit Type SquareFeet
Total Baths 1
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Internal Only
Street Number 1 7200
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* Excluded Features
List By
Jay Naim

Listing Agent

Exp Realty Main

Broker

(313) 571-6581

Phone

Affordability Calculator

$964
Per Month
75%
25%
0%
Monthly Principal & Interest
$726
Monthly Property Taxes
$237
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.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/27/2026$115,000 Listed Price

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7200 Edgeton Street, Detroit, MI, 48212 is a Single Family Home for sale at $115,000 with 950 sqft and a lot size of 0.1. 7200 Edgeton Street has 3 bedrooms, 1.0 baths, and was built in 1962. The property's zip code is 48212 which is in Detroit, MI