Estimated payment $651/month
3658 Preston St. - Rehab and Design Opportunity rooted in Arts & Culture - 1400 sqft Four Bedroom with Infinite Possibilities — Gutted, Prepped, and Ready in McDougall-Hunt. This early 20th-century home, originally built as a four-bedroom, has been fully gutted and prepped for its next chapter. With over 1,400 square feet of living space and potential to expand the second floor to 2,000+ square feet, the property offers flexibility for reimagining its layout and use. Located adjacent to “A LOT,” an installation by Detroit artist Chris Turner, the home sits adjacet the Heidelberg Arts District—making it a rare opportunity to be part of Detroit’s creative and cultural landscape. Perfect for a creative or family seeking a live/work space immersed in the arts community, or for an investor looking for strong upside potential, this property blends historic character with limitless possibility. Just minutes from Indian Village, Eastern Market, and downtown, it stands at the intersection of history, culture, and opportunity.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $928 | $15,100 | $0 | $0 |
| 2024 | $928 | $12,500 | $0 | $0 |
| 2023 | $900 | $9,500 | $0 | $0 |
| 2022 | $953 | $11,000 | $0 | $0 |
| 2021 | $930 | $7,900 | $0 | $0 |
| 2020 | $957 | $8,100 | $0 | $0 |
| 2019 | $892 | $7,600 | $0 | $0 |
| 2018 | $794 | $7,200 | $0 | $0 |
| 2017 | $135 | $7,100 | $0 | $0 |
| 2016 | $489 | $23,600 | $0 | $0 |
| 2015 | $280 | $14,300 | $0 | $0 |
| 2013 | $271 | $16,924 | $0 | $0 |
| 2010 | -- | $22,443 | $273 | $22,170 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | For Sale | $89,000 | +12614.3% | $64 / Sq Ft |
| 02/24/2015 02/24/15 | Sold | $700 | 0.0% | $0 / Sq Ft |
| 01/22/2015 01/22/15 | Pending | -- | -- | -- |
| 12/18/2014 12/18/14 | For Sale | $700 | -- | $0 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $40,000 | Liberty Title | |
| Warranty Deed | $30,000 | Devon Title Agency | |
| Warranty Deed | $27,000 | First American Title Ins Co | |
| Quit Claim Deed | $16,100 | None Available | |
| Deed | $700 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Sheriffs Deed | $2,000 | None Available |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $30,000 | Purchase Money Mortgage | |
| Previous Owner | $52,500 | FHA |
$105,000
Beautiful four-bedroom brick home in wonderful, move-in ready condition. The spacious first floor features a bedroom/office, half bath, cozy den, and and living room with fireplace. Upstairs, the second floor offers three nicely sized bedrooms and a full bathroom.
Bill Swanson O'Connor Realty Detroit, LLC
$84,500
Spacious 5-bedroom, 1.1-bath colonial home in Detroit! Features a large basement, a 2-car detached garage, and classic charm throughout. Perfect for families or investors. Don’t miss this opportunity—schedule a showing today!
Hassan Scheib Own It Realty
$99,900
Wonderful Detroit bungalow features an updated interior with a roomy kitchen, private primary bedroom, and full basement. Large covered front porch leads to a light filled living room with a brick fireplace. Wide passageway opens to a traditional dining room which leads through to the kitchen. Roomy updated kitchen with stainless steel appliances, tile backsplash, and a farmhouse sink. Two entry
Jim Shaffer Good Company
$85,000
Charming 3-Bedroom Brick Bungalow with Garage – Nearly Renovated, Ready for Your Finishing Touches!Discover the potential in this solid 3-bedroom brick bungalow featuring a 1-car detached garage and a host of modern updates already in place. Major improvements include a newer roof, vinyl windows, updated plumbing, and upgraded electrical with abundant recessed lighting throughout the
Clarence Wilson RCH Brokerage Legacy Inc
$89,000
Investor Special – Tenanted Brick Bungalow! This 3-bedroom, 1-bath home offers 1,152 sqft of living space with a full 937 sqft basement. Built in 1952, this solid brick property features a charming front porch, a spacious 2-car detached garage (400 sqft), and classic 1-story bungalow architecture. Conveniently tenanted with rent-paying occupants – perfect for investors looking for immediate cash
Hassan Scheib Own It Realty
$87,900
Charming 3-bedroom, 1-bath colonial home in Detroit! Features a large basement, spacious bedrooms, and classic character throughout. Perfect for first-time buyers or investors. Schedule a showing today!
Hassan Scheib Own It Realty
$85,000
Excellent turnkey investment opportunity with this tenant-occupied bungalow located at 18108 Waltham St in Detroit, generating $1,195 per month. Featuring a spacious layout, charming character, hardwood floors, and a reliable tenant, this property offers immediate cash flow for investors seeking a hassle-free addition to their portfolio. Showings with accepted offer only; please do not disturb
Arianna Lee National Realty Centers, Inc
$69,900
A hidden treasure, waiting to be transformed into something extraordinary! This roomy home presents an ideal opportunity for sharp investors or a resourceful homeowner eager to make their vision a reality.Perfectly situated near major highways, schools, parks, and shopping, it offers seamless access to everything the city has to offer—and more. Don’t miss out—book your private showing
Derek Lievens Market Elite Inc
$89,800
SELLER FINANCING / LAND CONTRACT TERMS AVAILABLE AT 100,000.00 purchase price, 18,000.00 down payment, 8% interest, 120 Month Term. 995.00/month. Seller financing / Land contract terms are negotiable. Offering an impressive 2,434 sqft this unique colonial located on beautiful Lawrence street is the perfect canvas to bring your vision to life! Purchaser to pay 395 processing fee. As-is sale.
Derek Lievens Market Elite Inc
Source: Realcomp
MLS Number: 20251032242
APN: 13-001424
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