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Detroit · Fix & Flip · Listed

A Detroit two-story, renovated and listed at $229,900.

The highest price point of our published flips. Our in-house team took this house on Marborough through a full renovation: a new kitchen and bath, hardwood floors throughout, and the brick fireplace and chimney kept as features.

PROPERTY: 2xx Marborough, Detroit, MI  ·  STRATEGY: Buy, renovate, sell
$229,900
List Price
Listed
Status
The Finished House

What the renovation delivered.

Listing photos of the finished house. At this price point buyers compare against the best houses in the neighborhood, so the finishes have to hold up to that.

Renovated two-story house on Marborough in Detroit with cream siding, a gabled front porch with dark posts, a gray front door, brick steps, and a long driveway
Exterior
Renovated L-shaped kitchen with sage green flat-panel cabinets, white counters, a stainless range hood, gas range, and dishwasher, and light hardwood floors
Kitchen
Renovated bathroom with a slatted wood floating vanity, round mirror, white stacked tile, and a glass-enclosed walk-in shower with a niche
Bathroom
Living room with light hardwood floors, recessed lighting, white walls, and a red brick wood-burning fireplace
Living room
Bedroom with light hardwood floors, white walls, and an exposed red brick chimney column
Bedroom
Renovation Scope

Where the budget went, room by room.

The work visible in the finished photos. A higher list price means a higher bar, and the scope reflects that: design choices, not just repairs.

Kitchen
Sage green flat-panel cabinets, white counters, a vented range hood, and stainless gas range and dishwasher.
Bathroom
Floating slatted-wood vanity, stacked white tile, and a glass-enclosed walk-in shower with a built-in niche.
Floors and brick
Light hardwood floors throughout, with the brick fireplace and chimney column kept as features.
Exterior
Cream siding, a gabled front porch with dark posts, a gray front door, and brick steps.
Reading This Honestly

A list price is not a profit.

An asking price is where a sale starts, not where it ends. Whether a flip makes money depends on the final sale and everything before it. For a full flip ledger with every cost, see the Stansbury case study.

Entry price
The purchase has to leave room for the renovation, selling costs, holding costs, and a profit, all under what the finished house will sell for.
Cost control
Higher-end finishes raise the ceiling and the risk. Every upgrade has to earn its cost back in the sale price, or it comes out of the margin.
Timeline
Taxes, insurance, utilities, and the cost of capital run every month the house is not sold. Pricing it right for the market protects the return.
The Great Lakes PMG Flip Process

We handle the flip. You provide the capital.

One team from purchase to sale, in four steps.

1
Market analysis
We find well-located, undervalued Detroit houses with real value-add potential, and run the resale comps before anyone makes an offer.
2
Acquisition through our brokerage
Great Lakes PMG is a licensed real estate brokerage. We walk you through the purchase, from offer to closing.
3
Renovation by our in-house flip specialist
Our own renovation team scopes and runs the rehab, aiming for the highest after-repair value the street will support without overbuilding.
4
Sell and realize the return
We list, market, and sell the finished house. You fund the project; the profit is split by the deal terms agreed up front.
Next Steps

Pressure-test a flip before you fund one.

Talk through a flip
Book a call to walk through budget, timeline, and the kind of house that fits.
Book a call →
Investment consulting
Sourcing, acquisition, renovation, and exit for Detroit investors, local or out of state.
See how consulting works →
Run your own numbers
Plug in a purchase price, rehab budget, and resale value to see what a flip leaves after costs.
Open the fix-and-flip calculator →

Thinking about funding a Detroit flip?

We find the house, broker the purchase, run the renovation with our own team, and sell it. Managing Member Clarence Archibald III has completed 250+ property rehabs since Great Lakes PMG opened in 2006.

Book an Investor Consultation
Great Lakes Property Management Group, LLC · Detroit, Michigan · greatlakespmg.com