SECTION 8 TENANT PAYING $1,424/MONTH! THIS DETROIT BRICK HOME HAS BEEN SIGNIFICANTLY UPDATED — INCLUDING NEWER ROOF, MECHANICALS, PLUMBING, AND ELECTRICAL. PRICED AT $184,900 WITH AN ARV OF $260K+, THIS PROPERTY IS A PRIME BUY-AND-HOLD PLAY WITH HIGH FLIP POTENTIAL. WITH STANDARD INVESTOR FINANCING, IT DELIVERS A DOUBLE-DIGIT CASH-ON-CASH RETURN WHILE BUILDING EQUITY OVER TIME. ENJOY GUARANTEED RENTAL INCOME TODAY AND A HIGH-RETURN EXIT STRATEGY TOMORROW. LOCATED IN A STABLE, HIGH-DEMAND RENTAL POCKET. PROFESSIONALLY MANAGED. LOW MAINTENANCE. HIGH UPSIDE. SHOWINGS ONLY AFTER ACCEPTED OFFER — DO NOT DISTURB TENANT.
For sale
$184,900
3031 Lawrence St, Detroit, MI 48206
3beds
1,964sqft
Est.:
Single Family Residence
Built in 1923
4,356 Square Feet Lot
$-- Zestimate®
$94/sqft
$-- HOA
What's special
- 1 day
- on Zillow |
- 27 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: August 03, 2025 at 11:40pm
Listed by:
Yasir Abulaban 313-395-0000,
Own It Realty 313-395-0000
Source: Realcomp II,MLS#: 20251023585

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,964 sqft
- Finished area above ground: 1,964
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
- Entry location: GroundLevel
- Pool features: None
Lot
- Size: 4,356 Square Feet
- Dimensions: 35 x 127.25
Details
- Parcel number: 12003245
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: J W LATHRUPS LAWRENCE & COLLINGWOOD AVES
HOA
- Has HOA: No
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $94/sqft
- Tax assessed value: $10,843
- Annual tax amount: $1,717
- Date on market: 8/4/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
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