18988 Algonac Street

Off Market

18988 Algonac Street

Detroit MI 48234

1808 sq. ft.

0.09 ac.

Single-Family

Last sold for $85,000

Marta Kopania, last sold this property on 26 August 2026 after 112 days on market.

Overview

WELCOME TO 18988 ALGONAC -- A TURNKEY SECTION 8 INVESTMENT OPPORTUNITY LOCATED ON DETROIT'S EAST SIDE. THIS 3-BEDROOM, 1-BATHROOM HOME IS CURRENTLY LEASED TO A SECTION 8 TENANT AT $1,200 PER MONTH WITH A FRESH LEASE IN PLACE, PROVIDING IMMEDIATE CASH FLOW FROM DAY ONE. THE PROPERTY WAS FRESHLY RENOVATED IN 2026 AND OFFERS A LOW-MAINTENANCE INVESTMENT SETUP WITH THE TENANT RESPONSIBLE FOR ALL UTILITIES AND LAWN MAINTENANCE. STRONG RENTAL PERFORMANCE, RELIABLE GOVERNMENT-BACKED INCOME, AND A SOLID TENANT PLACEMENT MAKE THIS PROPERTY AN EXCELLENT ADDITION TO ANY INVESTOR'S PORTFOLIO. PROPERTY MAY BE PURCHASED INDIVIDUALLY OR AS A PACKAGE WITH 3423 BUCKINGHAM, WHICH IS CURRENTLY GENERATING $1,000 IN MONTHLY RENT. NO SHOWINGS WITHOUT AN ACCEPTED FULL PRICE OFFER.

Features

3 bedrooms

1 bathroom

1 carspace

1 garage space

1808 sq. ft. floor area

0.09 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Detroit over the last 12 months, the estimated median property value of 18988 Algonac Street is $68k.

Median value

$68k

Estimated value range

$5k - $225k

Median days on market

Estimated value trend

-3%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Detroit. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 18988 Algonac Street

2026

Sold

$85,000

26 Aug 2026 by Marta Kopania, of Downtown Realty

Happy sellers in Detroit

100%

100% of sellers in Detroit reported that their sale price either exceeded or met their price expectations.

Detroit stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Detroit over the last 12 months.

Local market activity for 3 bedroom single-family properties in Detroit

In the last 12 months, 199 three-bedroom single-family properties similar to 18988 Algonac Street, have been sold.

This represents a 16% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Detroit for a market analysis.

Nicole Sammons

at KW Advantage

(77 reviews)

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Dayna Smedley

at Real Estate One Milford

(45 reviews)

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Kaila Ibura

(8 reviews)

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Anuj Chand

at Keller Williams First Grand Blanc

(3 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Detroit

Nicole Sammons

Sellers who recommend Nicole Sammons have praised them for being local expert, patient, responsive, clear communication, supportive, empathetic, and reliable