Fix&Hold (Duplex): 3934 Helen Street, Detroit, MI 48207 + $85,000
- Promise Land Realty
- 30 minutes ago
- 4 min read
Single Family Investment Opportunity
Price
$85,000
Grand Victorian Duplex Investment Opportunity – Prime Detroit Multi-Family
Off-Market Price: $85,000
3934 Helen Street, Detroit, MI 48207
Discover a rare value-add opportunity just minutes from downtown Detroit. This substantial 1916-built brick duplex offers approximately 3,084 square feet, historic character, solid construction, and strong income-producing potential for an experienced investor or developer.
The property is configured as a two-unit multi-family residence, providing the opportunity to create two separate rental income streams, live in one unit while renting the other, or complete a full luxury duplex conversion.
Located on a tree-lined block in the Gratiot-Grand neighborhood, the property is positioned near major employment centers, entertainment, dining, and transportation corridors. Its size, location, and completed exterior masonry work provide an excellent foundation for a full interior transformation.
Property Highlights
Historic two-unit duplex
Approximately 3,084 square feet
Two separate units with multi-family income potential
2 bedrooms and 3 bathrooms currently reported
Large 6,534-square-foot lot
Historic brick construction built in 1916
Minutes from downtown Detroit
Convenient access to Gratiot Avenue
Located in Detroit’s growing 48207 ZIP code
Major Exterior Work Completed
A significant amount of professional masonry work has already been completed, including:
Replacement of missing bricks on the main structure
Brick repairs to the front steps and porch
Exterior masonry restoration
Improvements supporting the property’s structural integrity
A strong foundation for future curb appeal improvements
With much of the costly and labor-intensive brickwork already addressed, the next owner can focus renovation resources on the interior, mechanical systems, kitchens, bathrooms, and final finishes.
Investment Potential
This duplex is ideal for:
Two-unit rental redevelopment
Owner-occupied living with rental income from the second unit
Multi-generational housing
Historic luxury duplex conversion
Fix-and-flip renovation
Long-term portfolio acquisition
The property requires a full rehabilitation and is best suited for an investor, developer, or renovation specialist with the experience and vision to maximize its potential.
Prospective buyers may be required to enter into a development agreement with the City of Detroit outlining the proposed rehabilitation scope and completion timeline. Buyers should independently verify all property information, zoning, unit configuration, development requirements, and renovation costs.
Off-Market Asking Price: $85,000
Submit all offers and inquiries directly to:
Two units. Solid brick construction. Major exterior work completed. Minutes from downtown. Bring your vision and capture the upside.
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.
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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.