INVESTOR SPECIAL – Situated right along the border of Detroit’s highly desirable Bagley neighborhood, this classic brick beauty offers the perfect blend of character, strength, and potential. Featuring a solid structure, newer roof, newer windows, dry basement and good-standing electrical and plumbing systems, this home has all the right fundamentals with mostly cosmetic updates needed. This project best fits a savvy buy-hold or BRRRR investor looking for a strong equity position, cashflow, and long-term appreciation, OR a flipper looking for an immediate profit by bringing it to full shine and reselling among the strong neighborhood comps (check out the ARV comps for yourself/ask your agent to send them to you). The gorgeous brickwork and timeless Detroit architecture make this one a true gem waiting to be restored to glory. With a little TLC, 18646 Ilene can become a standout addition to any investment portfolio. Showings are welcomed. Cash/Hard Money only.
Property Details
Price:
$115,000
MLS #:
20251043385
Status:
Active
Beds:
4
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PALMYRA WOODS
Neighborhood:
05041det68grflddequindre
Listed Date:
Oct 8, 2025
Finished Sq Ft:
1,543
Year Built:
1939
See this Listing
Schools
School District:
Detroit
Interior
Bathrooms
1 Full Bathroom
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Bungalow
Construction Materials
Brick
Parking Features
NoGarage
Financial
Taxes
$3,054
Map
Community
- Address18646 Ilene Street Detroit MI
- SubdivisionPALMYRA WOODS
- CityDetroit
- CountyWayne
- Zip Code48221
Market Summary
Current real estate data for Single Family in Detroit as of Oct 24, 2025
3,438
Single Family Listed
110
Avg DOM
83
Avg $ / SqFt
$150,569
Avg List Price
Property Summary
- Located in the PALMYRA WOODS subdivision, 18646 Ilene Street Detroit MI is a Single Family for sale in Detroit, MI, 48221. It is listed for $115,000 and features 4 beds, 1 baths, and has approximately 1,543 square feet of living space, and was originally constructed in 1939. The current price per square foot is $75. The average price per square foot for Single Family listings in Detroit is $83. The average listing price for Single Family in Detroit is $150,569. To schedule a showing of MLS#20251043385 at 18646 Ilene Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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