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
IDX
Listing Office: MI Property Xperts LLC
Listing Agent: Stephanie Lewis
Source MLS Verified
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.