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Saturday, September 26, 2026

1890s Victorian — Fire Damaged, Structural Sound

Property Details
Asking Price$18,500$95,000
LocationNew CenterDetroit, MI 48202
Size1,840 sqft
Beds / Baths4bd / 1.5ba
ConditionFire damaged exterior, interior intact
Discount vs. Market81% off
Why It's Interesting

This New Center Victorian took smoke damage to the porch and upper fascia — the bones are solid 19th-century brick. Detroit's New Center is quietly gentrifying with Midtown spillover; the Henry Ford Hospital corridor draws reliable rental demand. At $18.5k you're buying land and structure at near-demolition cost. A full rehab runs ~$60k here. Comparable finished homes on the same block list at $145–180k. The math is brutal in the best possible way.

Fire DamagedForeclosureVictorianDetroit

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Not investment advice. Distress Daily is an editorial publication. Property details, prices, and conditions are sourced from public listings and may have changed. Always conduct your own due diligence and consult qualified professionals before making any investment decision.

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