x
Showing 1 of 0
X
Save

138 Palmer Street
Pontiac MI 48341 US

$25,000

Pending Listing ID 20261068221
bed icon
3 bed
rule icon
1,034 square feet
bath icon
1.00 Bath (1 Full)
lot icon
Lot: 0.26 Acres
home icon
Other

$25,000

Pending Listing ID 20261068221
Save

138 Palmer Street Calling all investors, rehabbers, contractors and cash buyers! Here's an opportunity to pick up a 3-bedroom, 1-bath Pontiac property for only $20K with significant value-add potential. The home offers approximately 1, 034 sq. ft. on a 0.26-acre lot and has already been gutted down to the studs. Much of the demolition is complete, giving the next investor a blank canvas for a full renovation. DEAL SNAPSHOT ?? Purchase Price: $20, 000 ?? Estimated ARV: Approx. $170, 000 ?? Gross Spread Before Rehab & Expenses: $150, 000 ?? 3 Bedrooms | 1 Bathroom ?? Approx. 1, 034 Sq. Ft. ?? Approx. 0.26-Acre Lot ?? Full Gut Rehab THE OPPORTUNITY This is not a cosmetic rehab. The property requires a substantial renovation and is best suited for an experienced investor or contractor. Potential strategies include: Fix & Flip BRRRR Renovate & Hold Long-Term Rental At a $20, 000 acquisition price, investors have considerably more room to account for renovation and carrying costs while working toward the property's projected finished value. Property sold strictly AS-IS. Seller will make no repairs. Cash or appropriate investor/renovation financing preferred. Buyer and buyer's agent to independently verify all information, including property condition, square footage, lot dimensions, taxes, utilities, zoning, permits and renovation requirements. Estimated ARV is provided for investment analysis purposes only and is not a guarantee of appraisal, resale price or investment return.

Collapse all

Property Features

  • Facts
  • Lot Size: 0.26 Acres
  • Property Type: Residential
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 1
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential
  • propertysubtype: Other
  • listprice: 25000
  • unparsedaddress: 138 Palmer Street
  • postalcity: Pontiac
  • stateorprovince: MI
  • country: US
  • postalcode: 48341
  • bathroomsfull: 1
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.26
  • lotsizeunits: Acres
  • lotsizearea: 0.26
  • livingarea: 1034
  • livingareaunits: Square Feet
  • latitude: 42.632599
  • longitude: -83.304552
  • listagentfullname: Tamara Flannigan-Nunally
  • listagentemail: tamara.flannigan@exprealty.com
  • listagentkey: 3yd-REALCOMPMI-423932
  • listagentmlsid: 423932
  • listagentpreferredphone: 2483427846
  • listagentofficephone: 8885017085
  • listofficekey: 3yd-REALCOMPMI-375382
  • listofficemlsid: 375382
  • disclaimer: Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: REALCOMPMI
  • yearbuilt: 1875
  • listingcontractdate: 2026-08-25
  • countyorparish: Oakland
  • parcelnumber: 1432108020
  • elementaryschooldistrict: Pontiac
  • middleorjuniorschooldistrict: Pontiac
  • highschooldistrict: Pontiac
  • constructionmaterials: Vinyl
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: None
  • architecturalstyle: Colonial
  • rooms: Basement, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -83.30455, 42.6326
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"tamara.flannigan@exprealty.com", "ListBrokerageCity":"Royal Oak", "ListBrokerageCountry":"US", "ListBrokerageEmail":"edward.hudson@exprealty.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/ace2c971cb2111e394c122000b058362k-c557700407r.png", "ListBrokerageName":"eXp Realty", "ListBrokeragePhone":"(888) 501-7085", "ListBrokeragePostalCode":"48067", "ListBrokerageStateOrProvince":"MI", "ListBrokerageUnitNumber":"Suite 105b", "ListBrokerageUnparsedAddress":"811 N. Main St.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"39555 Orchard Hill Place Ste 600 ", "ListOfficeAddress2":"Suite 105b", "ListOfficeBrokerMlsId":"375382", "ListOfficeCity":"Novi", "ListOfficeCountry":"US", "ListOfficeEmail":"mi.broker@exprealty.net", "ListOfficePostalCode":"48375", "ListOfficeStateOrProvince":"MI", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential, 2 Story, Pontiac, MI", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/138-Palmer-St_Pontiac_MI_48341_M42557-86391?f=listhub&s=REALCOMPMI&m=20261068221&c=rexren", "MLSModificationTimestamp":"2026-08-27 15:42:21", "Neighborhoods":[{"Description":null, "Name":"Assrs 70 - City Of Pontiac"}], "PostalCode":null, "RoomCount":4, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":788, "TaxDescription":"T3N, R10E, SEC 32 ASSESSOR'S PLAT NO. 70 LOT 13", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/3/2026 2:34:26 PM GMT
Source Updated Date: 9/13/2026 12:45:22 AM GMT

Courtesy of: Tamara Flannigan-Nunally, EXP Realty Main, tamara.flannigan@exprealty.com

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.