top of page

Buy&Hold (Single Family): 20055 Mark Twain St, Detroit, MI 48235 + $135,000

Aug 16
5 min read

Single Family Investment Opportunity




Price

$135,000


OFF-MARKET INVESTMENT OPPORTUNITY

20055 Mark Twain Street, Detroit, MI 48235

Asset Type: Single-Family Residential Investment

Property Type: Brick Ranch

Bedrooms/Bathrooms: 4 Bedrooms | 2 Bathrooms

Building Size: Approx. 1,541 SF

Lot Size: Approx. 6,098 SF

Year Built: 1951

Asking Price: $135,000

Estimated ARV: $170,000

Estimated ARV Range: $160,000–$180,000

Transaction Structure: Assignment of Contract


INVESTMENT OVERVIEW

Offered on an off-market basis, 20055 Mark Twain Street presents an opportunity to acquire a well-maintained, four-bedroom brick ranch in Detroit's established 48235 residential submarket.

At an asking price of $135,000, the property offers an attractive acquisition basis for an investor seeking a relatively low-rehab project with multiple potential exit strategies.

Unlike a traditional heavy value-add acquisition, the property appears to be in solid overall condition with limited deferred maintenance. The investment thesis is centered around acquiring a fundamentally sound asset, completing targeted cosmetic improvements where appropriate, enhancing curb appeal, and repositioning the property toward its full retail or stabilized value.

The combination of 1,541 SF of above-grade living area, four bedrooms, two bathrooms, a full basement, brick construction, and a functional ranch layout provides a strong foundation for either a resale or rental-oriented business plan.


PROPERTY & INVESTMENT HIGHLIGHTS

  • Four-bedroom, two-bath single-family residence

  • Approximately 1,541 SF of above-grade living area

  • Traditional brick ranch construction

  • Full basement providing additional utility and storage

  • Fireplace

  • Approximately 6,098 SF residential lot

  • Well-maintained overall condition

  • Limited anticipated renovation scope relative to a traditional distressed acquisition

  • Opportunity for strategic cosmetic improvements and curb-appeal enhancement

  • Attractive basis at $135,000

  • Estimated ARV of approximately $170,000

  • Multiple potential exit strategies

  • Assignment of contract transaction


VALUATION & VALUE-ADD POTENTIAL

Based on available property data, nearby market activity, and the anticipated value of the asset in updated retail condition, we are underwriting an estimated ARV of approximately $170,000, with a potential valuation range of approximately $160,000 to $180,000 depending upon final renovation quality, property condition, comparable sales, and market conditions at disposition.

At the $135,000 asking price, the acquisition basis represents approximately 79% of the estimated $170,000 ARV, prior to renovation, financing, carrying, closing, and disposition costs.

The property's relatively strong existing condition is an important component of the opportunity. Rather than relying on a significant construction program to create value, an investor may be able to concentrate capital expenditures on high-ROI cosmetic improvements, presentation, and marketability.


POTENTIAL BUSINESS PLANS

Light Value-Add / Resale

Acquire the property below estimated stabilized retail value, complete a targeted cosmetic renovation program, improve curb appeal and presentation, and reposition the asset for resale.

Given the apparent existing condition, this strategy may offer a shorter renovation timeline and lower execution risk than a traditional full-scale Detroit rehabilitation project.

BRRRR / Rental Stabilization

The four-bedroom configuration, two bathrooms, brick construction, and approximately 1,541 SF footprint may also make the property attractive to an investor pursuing a buy-rehab-rent-refinance-repeat strategy.

An investor can complete strategic improvements, stabilize the property as a rental, and evaluate refinancing based upon the completed condition, market rent, appraised value, and available lending terms.

Long-Term Buy & Hold

For investors focused on portfolio growth, the property provides an opportunity to acquire a larger single-family asset in an established Detroit residential submarket with limited initial renovation requirements.


INVESTMENT THESIS

The principal advantage of 20055 Mark Twain is the combination of basis, condition, and optionality.

Many value-add residential acquisitions require substantial construction before the investor can reach stabilization. This property appears to offer a different profile: a fundamentally well-maintained brick asset where the investor may be able to create incremental value through a more controlled renovation scope.


For an experienced operator, this can translate into reduced construction exposure, faster stabilization, lower carrying-cost risk, and greater flexibility in selecting an exit strategy.

At a $135,000 acquisition price against an estimated $170,000 ARV, the opportunity may be particularly relevant for investors prioritizing velocity and lower rehab complexity over deep-distress projects requiring extensive capital improvements.


COMPARABLE SALES

Comparable Sales & Valuation Support:https://zpr.io/AMMBzXnPZwKg


OFFERING TERMS

Asking Price: $135,000

Estimated ARV: $170,000

Transaction: Assignment of Contract

Property Type: Single-Family Residential / Brick Ranch


Serious inquiries only. Proof of funds may be requested prior to scheduling access and/or acceptance of an offer.


All information provided regarding property condition, square footage, bedrooms, bathrooms, lot size, renovation requirements, taxes, rental potential, comparable sales, ARV, and projected investment performance should be independently verified by the purchaser during its due diligence period.


ARV and investment projections are estimates for underwriting and marketing purposes only and are not representations or guarantees of future value, appraisal, rental income, financing proceeds, or investment returns.


Contact us for additional due diligence information, showing availability, or to submit an offer.


Property Map



TEAM PROMISELAND DISCLAIMER: No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law.


All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest.


Proof of Funds is required with all offers. Earnest Money Deposit (EMD) is due within 48 hours of accepted offer. All closings are facilitated through a licensed title company or closing attorney.


Realtors & Brokers: You are welcome to bring a buyer — please add your fee on top of our asking price.




Trusted by over 50,000+ Investors. Featured on BiggerPockets:



  • Permission to Market Promiseland Deal

  • Personalized Support from the Promiseland team

  • Custom List of Legitimate Cash Buyers to move your deals faster

          Start playing to win. Join TEAM PLR PLAYMAKER today.




Team Promiseland Partners – Sponsor Benefits

  • Direct exposure to a nationwide network of active investors, wholesalers, and buyers

  • Featured placement on the Promiseland Realty website and deal room

  • Promotion in daily email blasts reaching high-intent real estate professionals

  • Access to our private deal network (buyers, lenders, and operators)

  • Consistent inbound leads from real deal flow—not just traffic

  • Position your brand as a trusted, vetted service provider in the community

  • Opportunities to connect on live deals and build long-term partnerships



The #1 Source for Off Market Real Estate.




PROMISE LAND REALTY LLC

Work: 864-762-2509


Hedge Fund Buyers List 2025
Buy Now

Asset Manager List 2025
Buy Now


Trusted by 50,000+ Investors. Featured on BiggerPockets:



PROMISELAND DISCLAIMER:


Promiseland Realty LLC is a nationwide real estate consulting firm specializing in off-market investment opportunities, strategic acquisitions, and real estate advisory services.

No one is permitted to market, advertise, or distribute this listing without express written permission or verified membership within the TEAM PROMISELAND network. Unauthorized use or sharing of this opportunity, photos, or property information will result in a $500 fine per incident, enforceable by law.


All off-market properties are sold As-Is, Where-Is. Buyer is responsible for conducting their own due diligence. Properties are conveyed via warranty deed, and Promiseland Realty LLC is selling its assignable contractual interest.


Proof of Funds is required with all offers. Earnest Money Deposit (EMD) is due within 48 hours of an accepted offer. All closings are facilitated through a licensed title company or closing attorney.


Realtors and Brokers: You are welcome to bring a buyer — please add your fee on top of our asking price.



Comments


bottom of page