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For sale by owner
  • Price cut: $6.5K (8/1)
    $84,500

    1464 Lee Pl, Detroit, MI 48206

    3beds
    1,282sqft
    : 
    SingleFamily
    Built in 1915
    2,874 Square Feet Lot
    $-- Zestimate®
    $66/sqft
    $-- HOA

    Overview

    Investor Special — Huge Upside Potential! Address: 1464 Lee Pl, Detroit, MI 48206 3 Beds | 2 Baths | 1,282 sq ft Price: $89,900 After-Repair Value (ARV): $215,000+ This is the perfect opportunity for an investor looking for strong equity and cash flow potential in a rapidly developing area. ?? New roof already completed — major expense taken care of! ?? Estimated market rent: $1,600+/month ?? Comparable sales (comps) up to $245K nearby ?? No structural issues The property needs a full renovation (excluding the roof), but the numbers speak for themselves. Nearby sales comps: 1503 W Philadelphia — $225,000 (1,510 sq ft, 0.13 mi) 1644 W Euclid — $245,000 (1,425 sq ft, 0.21 mi) 1669 W Philadelphia — $205,000 (1,162 sq ft, 0.22 mi) Nearby rental comps: 1710 W Euclid — $1,800 (3 beds, 2 baths, 1,360 sq ft) 731 W Philadelphia — $1,649 (3 beds, 1.5 baths, 1,680 sq ft) 2265 Virginia Park — $1,335 (3 beds, 3.5 baths, 1,475 sq ft) Why you'll love this investment: Strong resale potential and rental income Solid neighborhood comps Great long-term appreciation upside
    What the owner loves about this home
    I love the neighborhood and the areas that surround this home. Very near the Edison District!
    21 days
    on Zillow
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    Listed by:

    (810) 444-8586

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air
    Features
    • Flooring: Tile, Hardwood
    • Basement: Unfinished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,282 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Off-street, Garage
    Features
    • Exterior features: Brick
    • Has view: Yes
    • View description: None
    Lot
    • Size: 2,874 Square Feet
    Details
    • Parcel number: 06002121

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Shake / Shingle
    Condition
    • New construction: No
    • Year built: 1915

    Community & HOA

    Location
    • Region: Detroit

    Financial & listing details

    • Price per square foot: $66/sqft
    • Tax assessed value: $20,600
    • Date on market: 7/18/2025
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