Flip report generated Jul 14, 2025
The Flip Potential of
2932 Woodmere St Detroit, MI
is medium.
Current Specs
4 Bed / 2 Bath
1,838 sqft
$64 per sqft
Estimated Value$117,200
Flip Advice
This multi-family property in Detroit offers 1,838 sqft with 4 beds and 2 baths, priced around $117K. Nearby comps with similar size and bed/bath count are selling for $130K–$138K, with a median price per sqft of $79. The property needs some repairs (notably electrical and roof work), which will add to your upfront costs. The area is stable, but flood risk is high and the building is nearly a century old.
If you're an investor, the flip margin here is pretty slim—after repair costs, you might only break even or see a small profit. If you're the homeowner, focus on essential repairs to the roof and electrical to make the property more attractive for buyers or renters. Consider marketing its income potential (live in one, rent one) to maximize appeal.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.