Detroit — Top 5 Renovation Picks (Aug 12, 2025)

7321 Puritan St, Detroit, MI 48238 — $49,900

  • Beds/Baths/Sqft: — / — / 3,672 sqft
  • Price per SqFt: $13
  • Lot size: 60,100 sqft
  • Year Built / Type: 19 / Organization
  • Status / Last Sale: Listed (Active) / $49,900 Aug 11, 2025
  • Summary: This commercial building is a blank slate, offering a great canvas for your vision to come to life with ample parking.
  • Renovation rationale:
    • Low price per sqft at $13, providing significant renovation upside.
    • Large lot size of 60,100 sqft, allowing for expansion or additional structures.
  • Why these metrics matter for renovation:
    • The low price per sqft allows for a more extensive renovation budget, while the large lot size offers flexibility for future developments or parking solutions, enhancing the overall value.
  • Recommended renovation ideas include creating retail spaces or offices, updating the facade, and improving interior layouts.
  • View on Redfin

18500 S Freeland St S, Detroit, MI 48235 — $119,900

  • Beds/Baths/Sqft: 3 bd / 1 ba / 1,250 sqft
  • Price per SqFt: $96
  • Lot size: 5,227 sqft
  • Year Built / Type: 1946 / Single Family Residential
  • Parking: Detached
  • Status / Last Sale: Listed (Active) / $119,900 Aug 12, 2025
  • Summary: This charming brick bungalow is ready for a personal touch, making it an excellent opportunity for first-time buyers or investors.
  • Renovation rationale:
    • Affordable price at $119,900 with a reasonable price per sqft of $96.
    • 3 bedrooms provide ample space for families or rental potential.
  • Why these metrics matter for renovation:
    • The competitive price and reasonable size allow for a manageable renovation budget, while the bedroom count supports various rental strategies or family living arrangements.
  • Recommended renovation ideas include updating kitchens and bathrooms, enhancing curb appeal, and possibly finishing the basement for additional living space.
  • View on Redfin

12297 Elmdale St, Detroit, MI 48213 — $109,900

  • Beds/Baths/Sqft: 4 bd / 1 ba / 1,501 sqft
  • Price per SqFt: $73
  • Lot size: 6,098 sqft
  • Year Built / Type: 1929 / Single Family Residential
  • Status / Last Sale: Listed (Active) / $109,900 Aug 11, 2025
  • Summary: This beautiful 4-bedroom home features hardwood floors and a large yard, making it perfect for families.
  • Renovation rationale:
    • Low price per sqft at $73, allowing for extensive renovations.
    • 4 bedrooms provide flexibility for families or rental markets.
  • Why these metrics matter for renovation:
    • The affordable price per sqft paired with the number of bedrooms supports a solid renovation budget while maximizing potential rental income or family space.
  • Recommended renovation ideas include modernizing the kitchen and bathroom, enhancing landscaping, and possibly finishing the basement for additional living area.
  • View on Redfin

19703 Conant, Detroit, MI 48234-1330 — $32,000

  • Beds/Baths/Sqft: — / — / 1,596 sqft
  • Price per SqFt: $20
  • Lot size: 40,100 sqft
  • Year Built / Type: 1955 / Organization
  • Status / Last Sale: Relisted (Active) / —
  • Summary: This spacious 2-unit commercial building offers versatile potential for various business uses.
  • Renovation rationale:
    • Extremely low price per sqft at $20, presenting a significant renovation opportunity.
    • Large lot size of 40,100 sqft, ideal for parking or expansion.
  • Why these metrics matter for renovation:
    • The low acquisition cost allows for a broad renovation budget, while the large lot size enhances development possibilities, making it a prime candidate for commercial investment.
  • Recommended renovation ideas include interior remodeling for business needs, updating utilities, and enhancing exterior visibility for better customer access.
  • View on Redfin

19628 Plymouth Rd, Detroit, MI 48228 — $200,000

  • Beds/Baths/Sqft: — / — / 3,484 sqft
  • Price per SqFt: $57
  • Lot size: 40,100 sqft
  • Year Built / Type: 19 / Organization
  • Status / Last Sale: Coming Soon / $200,000 Aug 12, 2025
  • Summary: This prime commercial building offers a flexible layout ideal for various business types.
  • Renovation rationale:
    • Low price per sqft at $57, providing a solid foundation for renovation.
    • Large usable lot size of 40,100 sqft enhances operational possibilities.
  • Why these metrics matter for renovation:
    • The competitive price per sqft supports a substantial renovation budget while the lot size allows for potential expansion or additional parking, increasing overall utility.
  • Recommended renovation ideas include updating the interior for modern business needs, enhancing facade visibility, and improving access for customers.
  • View on Redfin

Really helpful seeing the price per square foot explained so clearly