Property photo 1
Property photo 2
2 Beds
1 Bath
679 sqft

$65,000

20320 Dresden Street, Detroit City Wayne Michigan, 48205

Price per sqft$95.73
Built in1948
Property size679 sqft
Property typeResidential

Overview

Active

Listed Sep 5, 2026

Updated 4 weeks ago

INVESTORS AND HOMEOWNERS—DON'T MISS THIS OPPORTUNITY! Solid 2-bedroom, 1-bath Detroit home offering approximately 700 sq. ft. of living space plus a full basement. Whether you're looking to add an income-producing property to your portfolio or an affordable home to make your own, this property offers flexibility, value and upside potential. For investors, a long-term tenant is currently in place and would like to remain, offering the opportunity for immediate rental income from day one. Area rental rates indicate potential for increased rental income, with approximately $1,250/month possible based on current market conditions; buyer to independently verify market rent and rental projections. Major mechanical improvements have already been addressed, including a newer HVAC/furnace system, while the roof is approximately 10 years old or less. The home is solid and functional, with primarily cosmetic updating offering an opportunity to further enhance value and long-term return. Not just for investors—owner-occupants can also take advantage of an affordable home with a full basement, brick and vinyl exterior, newer major mechanicals and the opportunity to personalize the property over time. ESTABLISHED TENANT. IMMEDIATE INCOME POTENTIAL. RENTAL UPSIDE. SOLID HOME. VALUE-ADD OPPORTUNITY. A versatile property with multiple paths for the next owner. Schedule your showing and take a closer look! Licensed real estate agent has an ownership interest in the selling LLC and a financial interest in the transaction

$432/mo

Est. mortgage payment based on a $65,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
20261070194

Interior Features

Bedrooms
2
Bathrooms
1
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Taxes
$2,227
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

 

Courtesy of NERG Real Estate Experts

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Provided through IDX through Realcomp II LTD
Originating MLS:
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Data last updated 6:34 AM UTC, 9/10/2026

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