OFF-MARKET DETROIT DUPLEX — HISTORIC BAGLEY DISTRICT
$130,000 CASH | ARV $250,000+ | $2,400+ MONTHLY RENT POTENTIAL
Exclusive off-market opportunity — 1937 brick duplex, 2-unit cash-flow producer with $100K+ in equity upside.
Welcome to 17540 Indiana — a 1937 all-brick duplex in Detroit’s Historic Bagley community. Two spacious 2-bed, 1-bath units with classic Motown-era character: stone fireplace, hardwood floors, sun porches, and original craftsmanship throughout.
The Property:
17540 Indiana St, Detroit, MI 48221
Historic brick duplex | Built 1937 | 2,020 sq ft
Two 2-bed / 1-bath units | Finished basement | Sun porches | Fireplace
The Play:
Purchase Price: $130,000
ARV: $240K–$250K+
Rent: $1,200+ per unit ($2,400+ total monthly)
Rehab Estimate: $27K (cosmetic, furnace, windows)
Exit: Buy–Rehab–Rent–Refi–Repeat
View on Google Maps
Lower Unit Gallery
Upper Unit Gallery + basement
Exclusive off-market deal. First qualified buyer closes. No wholesalers, no assignments.
PROPERTY OVERVIEW
Address: 17540 Indiana St, Detroit, MI 48221
Community: Historic Bagley District
Structure: All-Brick Duplex (Two 2-Bed / 1-Bath Units)
Square Footage: 2,020 SQFT | Lot Size: 3,920 SQFT
Year Built: 1937 | No HOA | Vacant
Condition: Strong structure, light cosmetic updates needed
INVESTMENT SNAPSHOT
Purchase Price: $130,000
ARV (After Repair Value): $240,000 – $250,000+
Estimated Equity Gain: $90,000+
Estimated Rent: $1,200+ per unit / $2,400+ total monthly
Gross Yield: ~6.3%
Rehab Estimate: $37,000 (Furnace, Windows, Cosmetic)
COMPARABLE SALES (Bagley / University District)
18402 Greenlawn — Sold: $283,000
17343 Santa Rosa — Sold: $260,000
18700 San Juan — Sold: $255,000
Average DOM: 86 days
EXIT STRATEGY: BRRRR METHOD
Buy – Rehab – Rent – Refi – Repeat
Rehab and rent both units → refinance at ARV → recoup capital and repeat.
Ideal for long-term investors building Detroit portfolios.
READY TO MAKE AN OFFER?
Text or Call: 231-858-6612
Email: [email protected]
Proof of Funds Required | Cash or Hard Money Only
