WELCOME TO 18988 ALGONAC — 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 $1,200 PER MONTH WITH A FRESH LEASE IN PLACE, PROVIDING IMMEDIATE CASH FLOW FROM DAY ONE. THE PROPERTY WAS FRESHLY RENOVATED IN 2026 AND OFFERS A LOW-MAINTENANCE INVESTMENT SETUP WITH 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 3423 BUCKINGHAM, WHICH IS CURRENTLY GENERATING $1,000 IN MONTHLY RENT. NO SHOWINGS WITHOUT AN ACCEPTED FULL PRICE OFFER.
Pending
$95,000
18988 Algonac St, Detroit, MI 48234
3beds
1,040sqft
Single Family Residence
Built in 1952
3,920 Square Feet Lot
$-- Zestimate®
$91/sqft
$-- HOA
What's special
- 109 days |
- 83 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Marta Kopania 734-301-6553,
Realtyflo Inc 313-466-7253
Source: Realcomp II,MLS#: 20261031720
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Entry
- Area: 100
- Dimensions: 10 X 10
Bedroom
- Level: Entry
- Area: 110
- Dimensions: 11 X 10
Bedroom
- Level: Second
- Area: 156
- Dimensions: 12 X 13
Other
- Level: Entry
- Area: 56
- Dimensions: 7 X 8
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,040 sqft
- Finished area above ground: 1,040
Property
Parking
- Total spaces: 1
- Parking features: One Car Garage, Detached
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
- Entry location: GroundLevelwSteps
- Pool features: None
Lot
- Size: 3,920 Square Feet
- Dimensions: 35 x 115
Details
- Parcel number: W17I015650S
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Basement, Poured
Condition
- New construction: No
- Year built: 1952
- Major remodel year: 2026
Utilities & green energy
- Sewer: Sewer At Street
- Water: Waterat Street
Community & HOA
Community
- Subdivision: KONCZAL PARK
HOA
- Has HOA: No
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $91/sqft
- Tax assessed value: $12,174
- Annual tax amount: $1,025
- Date on market: 5/5/2026
- Cumulative days on market: 110 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Exclusions: Exclusion(s) Do Not Exist
Estimated market value
Not available
Estimated sales range
Not available
$1,273/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Pending sale | $95,000$91/sqft |
Source:  Realcomp II #20261031720 Report a problem | ||
| 5/5/2026 | Listed for sale | $95,000+771.6%$91/sqft |
Source: Realcomp II #20261031720 Report a problem | ||
| 12/5/2012 | Sold | $10,900$10/sqft |
Source:  MiRealSource #31125999 Report a problem | ||
| 11/9/2012 | Listed for sale | $10,900-80.9%$10/sqft |
Source: Villa Residential Realty #31125999 Report a problem | ||
| 2/17/2012 | Sold | $57,153$55/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $25,200 +24.1% |
| 2024 | -- | $20,300 +18% |
| 2023 | -- | $17,200 +25.5% |
| 2022 | -- | $13,700 +14.2% |
| 2021 | -- | $12,000 |
| 2020 | $1,390 +52.9% | $12,000 +14.3% |
| 2019 | $909 | $10,500 +2.9% |
| 2018 | $909 | $10,200 +6.3% |
| 2017 | -- | $9,600 -30.4% |
| 2016 | $1,291 | $13,800 |
| 2015 | $1,291 -30.3% | $13,800 -27.8% |
| 2013 | $1,853 +43.5% | $19,118 -31.8% |
| 2010 | $1,291 | $28,030 -12% |
| 2009 | -- | $31,852 -13.5% |
| 2008 | -- | $36,823 |
| 2007 | -- | $36,823 +5.5% |
| 2005 | $185 | $34,903 +3% |
| 2004 | -- | $33,886 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Mount Olivet
Nearby schools
GreatSchools rating
- 3/10Brenda Scott Academy For Theatre ArtsGrades: PK-8Distance: 0.5 mi
- 3/10Osborn Academy Of MathematicsGrades: 9-12Distance: 0.4 mi
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