Address
3432 Buckingham Avenue, Detroit, MI
Price
$ 90,000
Property Attributes
  • ID#60990071
  • TypeSingle Family
  • Listing Status Active
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodEast Detroit Dev Cos 1
  • Zip48224
  • StyleBungalow
  • Year Built1950
  • Taxes$ 1349
  • Price$ 90,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1032
  • Lot Size0.1 Acres
Data Source:
MiRealSource (MIRS)
Property Description

WELCOME TO 3423 BUCKINGHAM - A TURNKEY SECTION 8 INVESTMENT OPPORTUNITY LOCATED ON DETROIT'S EAST SIDE. THIS 3-BEDROOM, 1-BATHROOM HOME IS CURRENTLY LEASED TO A SECTION 8 TENANT AT $1,000 PER MONTH WITH A FRESH LEASE THAT BEGAN IN APRIL, PROVIDING IMMEDIATE CASH FLOW FROM DAY ONE. THE PROPERTY WAS FRESHLY RENOVATED IN 2026 AND FEATURES A BRAND-NEW SEWER LINE, ADDING ADDITIONAL VALUE AND PEACE OF MIND FOR THE NEXT OWNER. THIS LOW-MAINTENANCE INVESTMENT HAS THE TENANT RESPONSIBLE FOR ALL UTILITIES AND LAWN MAINTENANCE. STRONG RENTAL PERFORMANCE, RELIABLE GOVERNMENT-BACKED INCOME, AND A SOLID TENANT PLACEMENT MAKE THIS PROPERTY AN EXCELLENT ADDITION TO ANY INVESTOR'S PORTFOLIO. PROPERTY MAY BE PURCHASED INDIVIDUALLY OR AS A PACKAGE WITH 18988 ALGONAC, WHICH IS CURRENTLY GENERATING $1,200 IN MONTHLY RENT. NO SHOWINGS WITHOUT AN ACCEPTED FULL PRICE OFFER.

Price History
5/5/2026 Listed $90,000

General Features

Heating Forced Air
Possession At Close
Water Public Water at Street
Status Active
Full Baths 1
Bathrooms 1
Year Built 1950
Subdivision East Detroit Dev Cos 1
Style Bungalow
County Wayne
Class RESIDENTIAL
Type Single Family
Ownership Private
Associated Document Count 1
Status Active
Subdivision MI
Sale/Rent For Sale
Manufactured Y/N No
Structure Style 2 Story
Subj to Short Sale Apprvl No
Home Warranty Y/N No
Area Detroit (82001)
Primary City Detroit
Directions Buckingham & Mack
City Detroit
School District Detroit City School District
Lease Y/N Yes
Originating MLS RealComp
Source MLS MI Real Source
Financial Terms Cash,Conventional
Legal Description E BUCKINGHAM N 37 FT 729 EAST DETROIT DEVELOPMENT COS SUB NO 1 L36 P19 PLATS,WCR 21/427 37 X 114
DOM 135
Postal Code 48224
Price Per Sq Ft Total AG 87.21
Public Remarks WELCOME TO 3423 BUCKINGHAM - A TURNKEY SECTION 8 INVESTMENT OPPORTUNITY LOCATED ON DETROIT'S EAST SIDE. THIS 3-BEDROOM,1-BATHROOM HOME IS CURRENTLY LEASED TO A SECTION 8 TENANT AT $1

Interior Features

Basement Unfinished
Bedroom 3 Level Second
Bedroom 1 Level Entry
Bedroom 2 Level Entry
Bedroom 2 Width 11
Bedroom 3 Width 12
Bedroom 2 Length 10
Bedroom 3 Length 13
Beds 3
Fireplace? No
Total Rooms 4
Bedroom 1 Length 10
Bedroom 1 Width 9
Below Grade SqFt 819
Above Grade SqFt 1032
Basement Y/N Yes
Total SqFt Finished 1032
Bathroom 1 Length 8
Bathroom 1 Width 7

Exterior Features

Exterior Brick
Frontage 37
Lot Size Area 0.1
Pool (Y/N) No
Lot Dimensions 37X114
Roads Paved Street
FOUNDATION TYPE Basement
SEWER/SEPTIC Public At Street
Waterfront Y/N No
Garage Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 48224

Price
AVG $110K
$90K
Taxes
AVG $2,558
$1,349
Year Built
AVG 1939
1950
Visits
AVG 155
123
Data Provided by Inside Real Estate®

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