Off-market 2-unit brick duplex available for assignment. Cash buyers only.

Off-market 2-unit brick duplex available for assignment. Cash buyers only.

San Antonio, TX · Member since 2026 · 4 posts · 1 vote

Hey BP community — I have a 2-unit brick duplex in Detroit, MI (48206) under contract and looking for a serious cash buyer to assign to.

Quick numbers:

  • Asking: $143,900
  • ARV: ~$262K
  • Rehab est.: ~$40K
  • Est. flip profit: $62,500+
  • Gross rent: ~$2,800/mo
  • Cap rate: 7.37% | CoC ROI: 16.05%
  • Closing deadline: June 17, 2026

6 bed · 2.5 bath · 2,764 sq ft · Built 1922 · Brick · Multi-Family zoning

Rehab was completed on both units before tenants moved in. Both units currently occupied, month-to-month, non-paying — fully priced into the asking price.

Assignable contract, cash only, no contingencies.

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  • Drew SygitBusiness Member
    Property Manager · Royal Oak, MI · Member since 2012 · 13k+ posts · 9k+ votes
    5mo

    Zip codes in City of Detroit are not very useful.

    What is the Neighborhood?

  • San Antonio, TX · Member since 2026 · 4 posts · 1 vote
    5mo

    Dexter-Linwood. Strong pocket on the northwest side — comparable duplexes within half a mile have sold between $236k-$305k in the last 6 months. Let me know if you want the full deal package.

  • Real Estate Agent · San Diego CA · Member since 2026 · 239 posts · 36 votes
    5mo

    Solid numbers on that duplex. I’m not buying in Detroit right now but I run a similar wholesale operation in CA and Midwest. If you ever come across anything in Indianapolis or have buyers looking in those markets, let’s connect. Always good to know other wholesalers who are moving deals

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