26095 Powers Avenue
Dearborn Heights, MI 48125
Single Family Residence · MLS # 20261075383 · Listing courtesy of EXP Realty Main
About this home
Unbeatable turn-key addition to your rental portfolio—PLUS ONE ADDITIONAL SEPARATE BUILDABLE LOT INCLUDED IN THE SALE! This fully renovated 3-bedroom, 1.5-bath corner-lot property is generating 100% voucher-backed Section 8 monthly cash flow, with current rent at $1,475 per month. Enjoy immediate income today with the added benefit of a separate buildable lot offering exciting future development, expansion, or resale potential. All major capital expenditures have been completed, including a newer roof, high-efficiency furnace, water heater, mechanicals, plumbing, and electrical updates. The home features a fully remodeled interior with updated light fixtures, fresh paint, modern vinyl windows, and a refreshed kitchen with custom cabinetry, generous counter space, stainless steel appliances, and a dedicated stainless steel wall-mount range hood. A conveniently located main-floor powder room adds functionality, while the full bath features contemporary vanity work, ceramic tile, and updated fixtures. What truly sets this opportunity apart is the ADDITIONAL SEPARATE BUILDABLE LOT included with the sale. Beyond the immediate rental income, the extra lot provides valuable flexibility for future development, expansion, or a potential separate resale. The property also offers oversized, fully fenced outdoor space with cleared mature-tree areas and room for possibilities such as an oversized 1- to 2-car detached garage, additional storage, or a private outdoor oasis ideal for gatherings, pets, and entertaining. Prime corner positioning, strong in-place rental income, a fully renovated home, and an additional buildable lot create a rare combination of immediate cash flow and long-term upside. Take over seamless ownership and start collecting income from day one while retaining significant equity-add land potential for the future.
Interior
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Dearborn Heights
Over the last 90 days, 168 homes sold in Dearborn Heights for a median of $214,750, about $150 per square foot, and the typical one went under contract in 15 days. This home is listed at $139,900, or $112 per square foot, 25% below the city median, and has been on the market 13 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Dearborn Heights sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $4,199 a year. A buyer who lives here would pay about $444 to $3,687 a year once the taxable value resets after the sale, at the 2025 homestead rate of 52.18 mills for Dearborn Heights City and Westwood schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Dearborn Heights
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