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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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15411 Ferguson St , Detroit, MI 48227
$64,900
Est. Payment: $144.22/mo
3 Bed
1 Bath
1291 Sqft
0.11 Acres
Status: pending | Days on site: 19
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Jim Blehm
Team Owner, Realtor®

House Description

Located in Detroit’s established B.E. Taylors Luana Subdivision, this is a compelling opportunity with a huge spread investors or sweat equity deal hunters seeking a value-add project in a neighborhood known for its classic brick colonials, strong rental demand, and active sales activity. The surrounding area features a consistent housing stock of larger two-story homes, many with basements and garages, creating a solid foundation for both renovation and long-term hold strategies. Ferguson continues to see investor interest due to its affordability, proximity to major roads, shopping, and employment corridors, while recent neighborhood sales demonstrate ongoing demand for updated properties. This brick colonial offers the kind of spread and upside experienced investors look for — a chance to create meaningful equity through improvements in an area where well-executed renovations continue to attract buyers and tenants alike. And speaking of tenants - unlike many of the other properties for sale in the area, this property is vacant and will be vacant at closing. There are no territorial tenants complicating things or preventing your entry or ability to do a peaceful and private walkthrough. Situations like this are very rare in this area, so don’t miss out. Listing broker holds contractual equitable interest in the property and may receive consideration from the transaction. Property is being marketed pursuant to an already existing purchase agreement with the seller. Closing will be conducted via contract assignment. Seller to provide marketable title at closing. Seller pays ALL: water bills owed, taxes owed, blight tickets or anything else. Buyer to pay closing costs, including title insurance and closing fees. Sold AS IS - Buyer to verify all information listed.

Highlights

Listed by Bobby Hesley , 248-636-2266 REMAX City Centre , 313-528-3002. MichRIC

Property Type

Residential

Lot/Acreage
0.11

Year Built

1928

County

Wayne

School District

Detroit

Listing ID

20261080398

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Water:Public

Exterior Features

Sewer:Public
Parking Features:Detached
Principal Interest
$144
Taxes
$263

Home Price

$64,900

Loan Details

30 yrs
0%

Down Payment

20%
$12,980
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Monthly Price:
$144.22

Principal

Taxes

Principal Taxes HOA Total
Monthly $144.22 $263.17 $0.00 $407.39
Yearly $1,730.67 $3,158.00 $0.00 $4,888.67
Total $51,920.00 $94,740.00 $0.00 $146,660.00
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Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-11-02T18:23:34.000Z

© 2026 MichRIC