$115,000

18646 Ilene Street, Detroit, MI 48221

4 beds |
1 bath |
1,543 sqft

Single-Family Home
Built in 1939
3,920sqft lot
—— car garage
$75/sqft
Listed 27 days ago

Property Description

INVESTOR SPECIAL - Situated right along the border of Detroit's highly desirable Bagley neighborhood, this classic brick beauty offers the perfect blend of character, strength, and potential. Featuring a solid structure, newer roof, newer windows, dry basement and good-standing electrical and plumbing systems, this home has all the right fundamentals with mostly cosmetic updates needed. This project best fits a savvy buy-hold or BRRRR investor looking for a strong equity position, cashflow, and long-term appreciation, OR a flipper looking for an immediate profit by bringing it to full shine and reselling among the strong neighborhood comps (check out the ARV comps for yourself/ask your agent to send them to you). The gorgeous brickwork and timeless Detroit architecture make this one a true gem waiting to be restored to glory. With a little TLC, 18646 Ilene can become a standout addition to any investment portfolio. Showings are welcomed. Cash/Hard Money only.

Listing Status:: Active
Date Added:: October 8, 2025 at 05:00AM
Listing Office:: Keller Williams Somerset : 248-649-7200
Listing Agent:: Joseph Hammel : 248-422-1685
MLS ID:: 60943535

Basement: Unfinished
Heating: Natural GasForced Air

Style: Bungalow
Parking: Parking spaces: 0

General: BrickOne and One HalfBasement

Road/Access: Paved
Originating MLS: MiRealSource
School District: Detroit City School District
County: Wayne

Zoning: E ILENE 251 PALMYRA WOODS SUB L45 P85 PLATSW C R 16/389 35 X 108

Water: Public

Source: MiRealSource

This listing courtesy of Joseph Hammel, Keller Williams Somerset

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Bagley Elementary School of Journalism and Technology

8100 Curtis St, Detroit, MI, 48221

Grades PK-6

0.59 miles away

Bates Academy

19701 Wyoming St, Detroit, MI, 48221

Grades PK-8

0.66 miles away

Mumford High School

17525 Wyoming St, Detroit, MI, 48221

Grades 9-12

0.49 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.