I've got a move-in ready opportunity in a strong rental and resale pocket of Detroit that your cash buyer will love:
3 Beds | 1.5 Bath | 1,310 Sq Ft | Built 1928
Newly Renovated Ready to Close
Asking Price: $135,000
Why this is a winner:
Strong rental comps & resale demand in the area
Fully renovated = no rehab headaches
Great ROI potential for investors or a turnkey addition to their portfolio
If you have a serious cash buyer, this is the one to put in front of them today. Properties like this don't sit long. ( ACT FAST ( Hot deal in a strong rental and resale area. This won't last!
=Í Address: 9200 King Richard St, Detroit, MI 48224
<a Property Type: Fully Renovated Brick Single Family Home
=Å Year Built: 1928
=Ë Beds/Baths: 3 Bed / 1 Bath
=Ï Sq Ft: 1,310 sq ft
<? Lot Size: 5,663 sq ft
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=Ê INVESTMENT HIGHLIGHTS
" Turnkey Condition Recently fully renovated inside and out
Here's your breakdown for a $135,000 FHA loan at 7% interest, with $2,763 yearly taxes and $1,200 yearly insurance:
" Principal & Interest (PI): $866.72/month
" Taxes: $230.25/month
" Insurance: $100.00/month
" Total PITI: $1,200/month
________________________________________
=¸ PRICING
" =€ Asking Price: $135,000
" Buyer pays all closing costs
" Clean title, ready to close
________________________________________
= ACCESS & TERMS
" Property is vacant & secured
" Lockbox access available upon request
________________________________________
=Þ CONTACT
Jorge Cortes
Phone: 786-290-3795 Email: jctrealestateinvestments@gmail.com
Active
$135,000
9200 King Richard St, Detroit, MI 48224
4beds
1,310sqft
Est.:
Single Family Residence
Built in 1928
5,662.8 Square Feet Lot
$134,200 Zestimate®
$103/sqft
$-- HOA
What's special
Turnkey condition
- 10 days
- on Zillow |
- 230 |
- 21 |
Zillow last checked: 7 hours ago
Listing updated: August 14, 2025 at 12:39pm
Listed by:
Terry Thomas 313-286-9588,
Front Page Properties 313-877-9020
Source: MichRIC,MLS#: 25041337

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 1
Heating
- None
Appliances
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, In Basement
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,310
- Total interior livable area: 1,310 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Side, Garage Faces Front, Detached
- Garage spaces: 2
Features
- Stories: 2
Lot
- Size: 5,662.8 Square Feet
- Dimensions: 60 x 92
Details
- Parcel number: 21068451.
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $103/sqft
- Tax assessed value: $19,293
- Annual tax amount: $2,809
- Date on market: 8/14/2025
- Listing terms: Cash,FHA,VA Loan
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