19512 Joann Ave

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🔥 Detroit Duplex Deal | Value-Add + Forced Appreciation 🔥

Address: 19512 Joann Ave, Detroit, MI 48205
ARV: ~$150,000

Property Overview

Off-market two-family property featuring 2 bed / 1 bath per unit with 1,524 sq ft total. This is a value-add multifamily opportunity with one unit already renovated and the other mid-renovation—perfect for investors looking to finish and stabilize.

Unit Breakdown

• Upper Unit: Fully renovated + occupied
  • New bathroom, kitchen, carpet, plumbing, fixtures, lighting
• Lower Unit: Vacant, mid-renovation (needs finishing)

Key Features

• Duplex (2 units)
• 2 Bed / 1 Bath each unit
• 1,524 Sq Ft total
• Garage
• Dry, unfinished basement
• Good roof
• New HWT, furnace, and HVAC

Income Potential

• Market Rent: ~$1,100/unit
• Projected Total Rent: ~$2,200/month

Condition & Opportunity

• Finish lower unit to unlock full rental income
• Stabilize property for strong cash flow
• Ideal for buy & hold or BRRRR strategy

Special Terms

• Upper unit tenant currently non-paying
• Seller will handle eviction at their cost
• $5,000 held in escrow until eviction is completed

Access

• Viewing by appointment only

📸 Photos:
https://drive.proton.me/urls/4RS844B1VG#n98Rh4I4uqae

Investment Highlights

• One unit already rehabbed = reduced renovation risk
• New major systems = lower capex
• Strong rental upside once stabilized
• Opportunity to force appreciation quickly

⚡ Duplex deals with this kind of upside and partial rehab already completed don’t last — move fast.

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Resources:

• Run the numbers with rehab costs using our Cash Offer Calculator.
• Run this scenario through our DSCR Calculator.
• Run this scenario through our Fix and Flip Calculator.

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