Investor opportunity in Waterford! This vacant 2-bedroom, 1-bath home offers approximately 624 square feet and is ready for renovation. Built in 1947, the property presents an excellent value-add opportunity for a fix-and-flip or long-term rental investment. Conveniently located near shopping, dining, parks, and major commuter routes, with easy access to Pontiac and surrounding Oakland County amenities. Property is being sold as-is. Cash preferred. National Title Services to close. Buyer and buyer's agent to verify all property information.
For sale
$96,500
5736 Graves St, Waterford, MI 48327
2beds
624sqft
Single Family Residence
Built in 1947
0.47 Acres Lot
$160,400 Zestimate®
$155/sqft
$-- HOA
What's special
- 4 days |
- 772 |
- 22 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Scott Fader 888-227-1009,
Joseph Walter Realty, LLC 248-294-7850
Source: Realcomp II,MLS#: 20261055250
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: Entry
- Area: 144
- Dimensions: 12 X 12
Bedroom
- Level: Entry
- Area: 100
- Dimensions: 10 X 10
Other
- Level: Entry
- Area: 56
- Dimensions: 8 X 7
Kitchen
- Level: Entry
- Area: 210
- Dimensions: 14 X 15
Living room
- Level: Entry
- Area: 225
- Dimensions: 15 X 15
Heating
- Other Heating Source
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 624 sqft
- Finished area above ground: 624
Property
Parking
- Parking features: No Garage
Features
- Levels: One
- Stories: 1
- Entry location: GroundLevel
- Pool features: None
Lot
- Size: 0.47 Acres
- Dimensions: 80 x 200
Details
- Parcel number: 1316377011
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Other
- Foundation: Slab
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: KERR ACRES
HOA
- Has HOA: No
Location
- Region: Waterford
Financial & listing details
- Price per square foot: $155/sqft
- Tax assessed value: $35,200
- Annual tax amount: $1,508
- Date on market: 7/17/2026
- Cumulative days on market: 4 days
- Listing agreement: Exclusive Agency
- Listing terms: Cash
Estimated market value
$160,400
$138,000 - $181,000
$1,224/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Listed for sale | $96,500$155/sqft |
Source:  Realcomp II #20261055250 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,177 +5.1% | $56,680 +8.3% |
| 2023 | $1,119 +5.7% | $52,340 +20% |
| 2022 | $1,059 +0.4% | $43,610 +6.7% |
| 2021 | $1,055 | $40,860 +2.7% |
| 2020 | -- | $39,770 +13.3% |
| 2019 | $1,042 +10.4% | $35,100 +12% |
| 2018 | $944 | $31,350 |
| 2017 | -- | $31,350 +3.1% |
| 2016 | -- | $30,400 +6.6% |
| 2015 | -- | $28,530 +5.5% |
| 2014 | -- | $27,030 -2.9% |
| 2011 | -- | $27,850 -14.2% |
| 2010 | $1,032 +6.1% | $32,450 -22.4% |
| 2009 | $973 +111.8% | $41,820 -42.9% |
| 2005 | $459 | $73,270 +64.9% |
| 2003 | -- | $44,420 +19.3% |
| 2002 | -- | $37,230 +42.2% |
| 2001 | $746 +8.4% | $26,190 +3.2% |
| 2000 | $689 | $25,380 |
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: 48327
Nearby schools
GreatSchools rating
- 4/10Riverside Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 5/10Pierce Middle SchoolGrades: 6-8Distance: 1 mi
- 7/10Waterford Kettering High SchoolGrades: 7-12Distance: 1.3 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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