Price Reduction
Address
7771 Faust Avenue, Detroit, MI
Price
$ 55,000
Property Attributes
- ID#20261059655
- TypeSingle Family
- Listing Status Active
- CountyWAYNE
- CityDetroit
- AreaDet Joy Dbn Ht Grnfld Limits
- NeighborhoodRICHLAND PARK
- Zip48228
- StyleBungalow
- Year Built1942
- Taxes$ 4217
- Price$ 55,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage736
- Lot Size0.12 Acres
Data Source:
RealComp
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
| Sewer | PublicSewer |
|---|---|
| Heating | ForcedAir, NaturalGas |
| Utilities | UndergroundUtilities |
| Possession | AtClose |
| Roof | Asphalt |
| Garage Spaces | 1.0 |
| Architectural Style | Bungalow |
| Pool Features | None |
| Construction Materials | AluminumSiding |
| Year Built | 1942 |
| Levels | One |
| Property Subtype | SingleFamilyResidence |
| County | Wayne |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | RICHLAND PARK |
| Garage Y/N | Yes |
| Total Rooms | 3 |
| Full Baths | 1 |
| Status | Active |
| Directions | South of Tireman |
| City | DetroitCity_Wayne |
| Disclosures | TaxesNotHomesteadExempt |
| Entry Location | GroundLevel |
| Senior Community Y/N | No |
| High School District | Detroit |
| MLS Area | Area05092DetJoyDbnHtGrnfldLimits |
| Lot Size Units | Acres |
| Carport Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 4217.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| Occupancy Type | Vacant |
| Tax Assessed Value | 22500 |
| Expected Active Date | 2026-08-11 |
| MobileHomeRemainsYN | No |
| PostalCity | Detroit_Wayne |
| Legal Description | W FAUST 255 RICHLAND PARK SUB L41 P63 PLATS, W C R 22/260 40 X 125.07A |
Interior Features
| Basement | Unfinished |
|---|---|
| Basement (Y/N) | Yes |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 736.0 |
| Half Baths | 1 |
| Total Bedrooms | 3 |
| LivingAreaSource | PublicRecords |
| Above Grade Finished Area Unit Type | SquareFeet |
| Total Baths | 2 |
Exterior Features
| Parking Features | OneCarGarage, Detached |
|---|---|
| Water Source | Public |
| Foundation Details | Basement, Block |
| Spa | No |
| Lot Dimensions | 40X125.07 |
| Lot Size Acres | 0.12 |
| Waterfront Y/N | No |
| Road Frontage Type | Paved |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
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
IDX provided courtesy of Realcomp II Ltd., via Dearborn and The Originating MLS(found above), © 2026 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data is updated as of September 16, 2026 4:20 AM UTC Information deemed reliable but not guaranteed.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd
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