About This Home

This 3-bedroom, 1-bathroom single family at 3432 Buckingham Avenue in Detroit, MI is listed for $90,000 ($87 per sqft). Built in 1950, the home offers 1,032 sqft of living space on a 0.10 acres lot.

Key Features

  • Built in 1950
  • 0.10 acre lot
  • 2 stories

Property Details

2 stories
1 full
1950
Listing Description

WELCOME TO 3423 BUCKINGHAM - A TURNKEY SECTION 8 INVESTMENT OPPORTUNITY LOCATED ON DETROIT'S EAST SIDE. THIS 3-BEDROOM, 1-BATHROOM HOME IS CURRENTLY LEASED TO A SECTION 8 TENANT AT $1,000 PER MONTH WITH A FRESH LEASE THAT BEGAN IN APRIL, PROVIDING IMMEDIATE CASH FLOW FROM DAY ONE.

THE PROPERTY WAS FRESHLY RENOVATED IN 2026 AND FEATURES A BRAND-NEW SEWER LINE, ADDING ADDITIONAL VALUE AND PEACE OF MIND FOR THE NEXT OWNER. THIS LOW-MAINTENANCE INVESTMENT HAS THE TENANT RESPONSIBLE FOR ALL UTILITIES AND LAWN MAINTENANCE. STRONG RENTAL PERFORMANCE, RELIABLE GOVERNMENT-BACKED INCOME, AND A SOLID TENANT PLACEMENT MAKE THIS PROPERTY AN EXCELLENT ADDITION TO ANY INVESTOR'S PORTFOLIO.

PROPERTY MAY BE PURCHASED INDIVIDUALLY OR AS A PACKAGE WITH 18988 ALGONAC, WHICH IS CURRENTLY GENERATING $1,200 IN MONTHLY RENT. NO SHOWINGS WITHOUT AN ACCEPTED FULL PRICE OFFER.

Monthly Cost Estimate

$481/mo

20% down · 6.5% · 30 years

Principal$65
Interest$390
Insurance$26

Estimates only. Actual payments may vary.

Location

3432 Buckingham Avenue

Detroit, MI 48224

East Detroit Dev Cos 1

Property Details

Construction

Brick

Heating

Forced Air

Questions & Answers

This 3-bedroom, 1-bathroom single family at 3432 Buckingham Avenue is listed at $90,000 ($87/sqft). The estimated monthly payment is $481 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.10 acre lot, 2 stories.

This property is listed by Marta Kopania.

MK

Marta Kopania

Agent at Downtown Realty

Listed by Downtown Realty · Broker phone: (313) 466-7253 · View on Broker Site · Broker website

MLS# 20261031711· Source: Realcomp Limited II· 179 days on PropertySimple

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3432 Buckingham Avenue, Detroit, MI 48224

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