3317 Waverly, Detroit, MI 48238 (MLS# 26041808)

3317 Waverly, Detroit, MI 48238

New Listing

$69,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,387 Lot Size (sq. ft.): 3,485 Status: Active

Current Price: $69,000 List Date: 8/11/2026 Last Modified: 8/11/2026

Overview

Description

Investor Special! Attention real estate investors and fix and flippers! Tap into the momentum of Detroit's historic neighborhoods with this high-potential single-family asset located at 3317 Waverly Street. Built in 1926, this property boasts the robust foundational bones and classic architectural layout that modern buyers and tenants love. Featuring 1,387 square feet of living space, public records indicate a flexible footprint that easily supports a high-demand 3-bedroom, 1.5-bathroom configuration. This property is a blank canvas ready for your custom renovation crew to add massive sweat equity. * Estimated ARV (After Repair Value): $185,000 - $199,000 (Based on recent local comps for fully updated 3-bed craftsman homes in the 48238 ZIP code).Conveniently located with fast access to major transit lines, local shopping hubs, and community schools like Durfee and Central Collegiate Academy. Properties with this much raw equity potential do not last long on the Detroit market.

Listing Details MLS# 26041808

Location Property Info

County: Wayne
Street #: 3317
Street Name: Waverly
State: MI
Zip Code: 48238
Zip (4): 3383

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.08
Lot Square Footage: 3485
Lot Dimensions: 40 x 80
Year Built: 1926
Road Frontage: 40
Garage Y/N: Yes
Garage Spaces: Yes
Fireplace: Yes
Total Fireplaces: Yes
Income Property: Yes
Total Rooms AG: 9
Total Fin SqFt All Levels: 1387
SqFt Above Grade: 1387
Building Total SqFt: 1387
Total Beds Above Grade: 3
Total Bedrooms: 3
Full Baths: Yes
Half Baths: Yes
Total Baths: 2
Main Level Primary: No
Stories: 2
School District: Detroit
Elementary School: Durfee Elementary-Middle School
Middle School: Durfee Elementary-Middle School
High School: Detroit Collegiate Preparatory High School at Northwestern
Association YN: No
Waterfront: No
Basement: Yes
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 0

Tax Info

Tax ID #: 12004395.
Taxable Value: 9565
SEV: 20900
For Tax Year: 2025
Seller's Annual Property Tax: 1448
Tax Year: 2025
Homestead %: 100
Spec Assessment & Type: No

Access Feat

Accessibility Features: No

Upper Rooms

Upper Bedrooms: 3
Upper Full Baths: Yes
Upper Level Square Feet: 798
Total Baths Above Grade: 2

More Information

Main Rooms

Main Half Baths: Yes
Main Level SQFT: 811

Basement Rooms

Basement Finished SQFT: 670
Total Basement SQFT: 670

Location & Property Info

Cross Streets: S. Davidson, E. Dexter
Property Sub-Type: Single Family Residence
Municipality: Detroit City

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 49.75
Ownership Type: Private Owned

Remarks & Misc

Public Remarks: Investor Special! Attention real estate investors and fix and flippers! Tap into the momentum of Detroit's historic neighborhoods with this high-potential single-family asset located at 3317 Waverly Street. Built in 1926, this property boasts the robust foundational bones and classic architectural layout that modern buyers and tenants love. Featuring 1,387 square feet of living space, public records indicate a flexible footprint that easily supports a high-demand 3-bedroom, 1.5-bathroom configuration. This property is a blank canvas ready for your custom renovation crew to add massive sweat equity. * Estimated ARV (After Repair Value): $185,000 - $199,000 (Based on recent local comps for fully updated 3-bed craftsman homes in the 48238 ZIP code).Conveniently located with fast access to major transit lines, local shopping hubs, and community schools like Durfee and Central Collegiate Academy. Properties with this much raw equity potential do not last long on the Detroit market.
Legal: S WAVERLY 45 SULLIVANS DEXTER BOULEVARD SUB L46 P30 PLATS, W C R 12/287 35 X 102

Sewer

Public Sewer: Yes

Water

Private Water: Yes
Public: Yes

Terms Available

Cash: Yes

Laundry Features

Electric Dryer Hookup: Yes
Gas Dryer Hookup: Yes
In Basement: Yes
Washer Hookup: Yes

Exterior Material

Brick: Yes

Parking Features

Detached: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Lower Rooms

Lower Finished SQFT: 0
Total Lower SQFT: 0

Substructure

Full: Yes

Fireplace

Living Room: Yes

Additional Items

Ceiling Fan(s): Yes

Appliances

Refrigerator: Yes

Patio and Porch Features

Porch(es): Yes
Covered: Yes

Flooring

Tile: Yes
Wood: Yes

Architectural Style

Colonial: Yes

Possession

Close Of Escrow: Yes

Property Features

Laundry Features: Electric Dryer Hookup; Gas Dryer Hookup; In Basement; Washer Hookup Exterior Material: Brick Substructure: Full Sewer: Public Sewer Water: Private Water; Public Fireplace: Living Room Additional Items: Ceiling Fan(s) Appliances: Refrigerator Heat Source: Natural Gas Heat Type: Forced Air Flooring: Tile; Wood Patio and Porch Features: Covered; Porch(es) Parking Features: Detached Architectural Style: Colonial Terms Available: Cash Possession: Close Of Escrow Sale Conditions: None

Listing Office: MI Property Xperts LLC

Listing Agent: Stephanie Lewis

Last Updated: August - 11 - 2026

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively 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.