Price Reduction
Address
7771 Faust Avenue, Detroit, MI
Price
$ 55,000
Property Attributes
- MLS#61020089
- TypeSingle Family
- Listing Status Active
- CountyWAYNE
- CityDetroit
- AreaDetroit
- NeighborhoodRichland Park
- Zip48228
- StyleBungalow
- Year Built1942
- Taxes$ 4217
- Price$ 55,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage736
- Lot Size0.12 Acres
Data Source:
MiRealSource (MIRS)
Property Description
INVESTOR SPECIAL - FIX & FLIP OR FIX & HOLD OPPORTUNITY IN WARRENDALE! GREAT OPPORTUNITY FOR INVESTORS LOOKING FOR THEIR NEXT PROJECT. THIS 3-BEDROOM BUNGALOW HAS ALREADY BEEN PARTIALLY RENOVATED, IS FULLY DEMOED, AND IS READY FOR THE NEXT PHASE OF CONSTRUCTION. THE PROPERTY FEATURES A NEW ROOF (2025), NEW SIDING (2025), AND NEW WINDOWS (2025). THE KITCHEN HAS BEEN DEMOED AND IS READY FOR NEW CABINETS. THE BATHROOM HAS BEEN PREPPED FOR TILE WITH CEMENT BOARD INSTALLED AND PLUMBING COMPLETED. GREAT OPPORTUNITY FOR A FIX & FLIP OR LONG-TERM RENTAL. BRING YOUR CONTRACTOR AND FINISH THIS PROJECT TO YOUR DESIRED SPECIFICATIONS! BATVAI.
| Price History | |
|---|---|
| 8/11/2026 | Listed $65,000 |
| 8/18/2026 | 4$63,000 |
| 8/24/2026 | 5$59,900 |
| 8/31/2026 | 9$55,000 |
General Features
| Heating | Forced Air |
|---|---|
| Possession | At Close |
| Garage | Detached Garage |
| Water | Public Water |
| Status | Active |
| Full Baths | 1 |
| Half Baths | 1 |
| Bathrooms | 2 |
| Year Built | 1942 |
| Subdivision | Richland Park |
| Style | Bungalow |
| County | Wayne |
| Class | RESIDENTIAL |
| Type | Single Family |
| Ownership | Private |
| Associated Document Count | 2 |
| Status | Active |
| Subdivision | MI |
| Sale/Rent | For Sale |
| Manufactured Y/N | No |
| Structure Style | 1 Story |
| Subj to Short Sale Apprvl | No |
| Home Warranty Y/N | No |
| Area | Detroit (82001) |
| Primary City | Detroit |
| Directions | South of Tireman |
| City | Detroit |
| School District | Detroit City School District |
| Lease Y/N | No |
| Originating MLS | RealComp |
| Source MLS | MI Real Source |
| Financial Terms | Cash |
| Legal Description | W FAUST 255 RICHLAND PARK SUB L41 P63 PLATS,W C R 22/260 40 X 125.07A |
| DOM | 37 |
| Postal Code | 48228 |
| Price Per Sq Ft Total AG | 74.73 |
| Public Remarks | INVESTOR SPECIAL - FIX & FLIP OR FIX & HOLD OPPORTUNITY IN WARRENDALE! GREAT OPPORTUNITY FOR INVESTORS LOOKING FOR THEIR NEXT PROJECT. THIS 3-BEDROOM BUNGALOW HAS ALREADY BEEN PARTIALLY RENOVATED |
Interior Features
| Basement | Unfinished |
|---|---|
| Bedroom 3 Level | Second |
| Bedroom 1 Level | Entry |
| Bedroom 2 Level | Entry |
| Bedroom 2 Width | 12 |
| Bedroom 3 Width | 13 |
| Bedroom 2 Length | 20 |
| Bedroom 3 Length | 20 |
| Beds | 3 |
| Fireplace? | No |
| Total Rooms | 5 |
| Bedroom 1 Length | 10 |
| Bedroom 1 Width | 13 |
| Below Grade SqFt | 728 |
| Above Grade SqFt | 736 |
| Basement Y/N | Yes |
| Bedroom 3 Floor Covering | Carpet |
| Total SqFt Finished | 736 |
| Bathroom 1 Length | 8 |
| Bathroom 1 Width | 6 |
Exterior Features
| Exterior | Aluminum |
|---|---|
| Frontage | 40 |
| Lot Size Area | 0.12 |
| Pool (Y/N) | No |
| Lot Dimensions | 40X125.07 |
| Garage # of Car | 1 |
| Roads | Paved Street |
| FOUNDATION TYPE | Basement |
| Waterfront Y/N | No |
| Garage Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 48228
Price
Taxes
Year Built
Visits
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update September 20, 2026 6:50 PM UTC
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
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