$95,000
18988 Algonac Street
Detroit, MI, 48234
WELCOME TO 18988 ALGONAC — 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 $1,200 PER MONTH WITH A FRESH LEASE IN PLACE, PROVIDING IMMEDIATE CASH FLOW FROM DAY ONE. THE PROPERTY WAS FRESHLY RENOVATED IN 2026 AND OFFERS A LOW-MAINTENANCE INVESTMENT SETUP WITH 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 3423 BUCKINGHAM, WHICH IS CURRENTLY GENERATING $1,000 IN MONTHLY RENT. NO SHOWINGS WITHOUT AN ACCEPTED FULL PRICE OFFER.
Property Details
Price:
$95,000
MLS #:
20261031720
Status:
Active
Beds:
3
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
May 5, 2026
Finished Sq Ft:
1,040
Total Sq Ft:
1,040
Lot Size:
3,920 sqft / 0.09 acres (approx)
Year Built:
1952
Schools
School District:
Detroit
Interior
Bathrooms
1 Full Bathroom
Heating
Forced Air
Exterior
Construction Materials
Brick
Garage Spaces
1
Parking Features
Detached
Stories
2
Financial
Taxes
$1,025
Mortgage Calculator
Map
Current real estate data for Single Family in Detroit as of May 06, 2026
3,676
Single Family Listed
144
Avg DOM
84
Avg $ / SqFt
$151,770
Avg List Price
Community
- Address18988 Algonac Street Detroit MI
- CityDetroit
- CountyWayne
- Zip Code48234
Subdivisions in Detroit
- A W Chase Lincoln Highway Sub.
- ARDENWOOD
- ARTHUR J SCULLYS VOGT FARM NO 1
- Authur J Scullys Vogt Farms Sub
- B E TAYLORS SOUTHLAWN SUB NO 3 PLATS
- BERNART & FISCHERS SUB
- Berry Park
- BONAPARTE PARK PLATS
- Boston Blvd
- Boston Edison
- Boston-Edison
- CENTER TOWN AND CARRIAGE HOMES NORTH
- COLLEGE VIEW
- COOPERS LEIGH G CADIEUX SEVEN
- DET ROYAL GARDENS PLATS
- Detroit City
- Detroit Golf
- DORANS LA SALLE BLVD ANNEX PLATS
- EAST DETROIT DEVELOPMENT COS NO 1
- Eastern Heights Land Companys Sub 1
- Eastern Heights Land Cos Sub
- EDISON HEIGHTS
- Elmwood Park Urban Renewal Plat 1
- EMERSON MANOR PLATS
- ENGEL CHARLES NO 1
- FRISCHKORNS ESTATES PLATS
- Frischkorns Grand Dale 5
- GEO G EPSTEANS SEVEN MILE BLVD SUB PLATS
- GEO W RENCHARDS COLLEGEDALE SUB PLATS
- Graceland Subdivision
- GRAND PARK PLATS
- Grandmont
- Greenwich Park 1
- GREENWICH PARK SUB
- Grosse Pointe City
- Grosse Pointe Farms City
- Groveland
- Hamtramck City
- Harrah & Sosnowskis Hamtramck
- HENDRIES
- Highland Park City
- HITCHMANS LITTLE FARMS
- Howell-Mack Euclid Ave Sub
- Lahser Ave Super
- LEBOTS
- LINWOOD PARK SUB PLATS
- Log Cabin Heights subdivision
- Lothrop Est Co Ltd Lots 135 thru 184
- Lyndale Sub
- Marygrove Drive
- Mc Laughlin Bros
- MONNIER HEIGHTS THOS W WARDS
- Northville City
- Palmer Blvd Estates
- Parkers Resub
- Pingree Park
- PLUMERS SUB PLATS
- Plymouth
- Rosedale Park
- ROSEDALE PARK PLATS
- Rosedale Park Sub No. 9
- Roseland Park
- Rosemary Seven Mile Dr Plats
- Rouge Park Sub
- Russell Woods
- Russell Woods Subdivision
- Shorepointe Village
- Skrzycki Konczal
- Southfield gate
- SOUTHFIELD WOODS PLATS
- St Peter & Paul Sub 1
- SUNBEAM HEIGHTS
- Sunset Manor
- The Partner Land Subdivision
- The Partners Land Subdivision
- Voigt Park Sub
- WARRENDALE PARKSIDE PLATS
- Wayne City
- WAYNE CTY CONDO 435CAMPAU FARMS IN ELMWOOD PARK
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Property Summary
- 18988 Algonac Street Detroit MI is a Single Family for sale in Detroit, MI, 48234. It is listed for $95,000 and features 3 beds, 1 baths, and has approximately 1,040 square feet of living space, and was originally constructed in 1952. The current price per square foot is $91. The average price per square foot for Single Family listings in Detroit is $84. The average listing price for Single Family in Detroit is $151,770.
18988 Algonac Street
Detroit, MI