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Touring Detroit's Crazy $10K (Or Less!) Real Estate Scene

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As Detroit attempts to claw its way out of an $18 billion bankruptcy hole, its real estate market offers some of the most affordable homes in the country. And when we say affordable, we don't mean $55K starter homes — we mean properties you can can buy for the price of a low-end iPod. Join us for a tour of the cheapest segment of the country's cheapest real estate market.

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1. $480

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5972 Pennsylvania Street
Detroit, MI 48213

Just a few hundred bucks buys this 1916 duplex containing a couple of two-bedroom apartments.
4 bed / 2 bath / 2,352 sq ft

2. $10,000

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19014 West Chicago Street
Detroit, MI 48228

This 1950s duplex comes complete with tenants. We can't say if that's a good thing.
4 bed / 2 bath / 2,250 sqft

3. $7,900

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3029 Fischer Street
Detroit, MI 48214

This charming Cape Cod comes with "Florida Room" and a brand-new furnace.
3 bed / 1 bath /898 sqft

4. $8,644

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4075 Pasadena Street
Detroit, MI 48238

This one boasts hardwood floors, an alarm system, and a partially finished basement.
3 bed / 3 bath / 1,611 sqft

5. $10,000

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551 Englewood Street
Detroit, MI 48202

Just three blocks off Woodward, this 1912 fixer-upper might sound like a good deal at $10K, but the current owner only paid $800 for the place in 2008.
4 bed / 1 bath / 1,370 sqft

6. $550

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2939 Sturtevant Street
Detroit, MI 48206

This Russell Woods duplex offers a lot of house for the money, asking just under $0.20 per square foot.
4 bed / 3 bath / 2,800 sqft

7. $10,000

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15434 Oakfield Avenue
Detroit, MI 48227

A cute Bungalow in Grandmont Rosedale comes with a fireplace and a garage.
4 bed / 1 bath / 1,324 sqft

8. $3,900

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3417 Hurlbut Street
Detroit, MI 48214

Located on the unfortunately named Hurlbut Street, this house's interior has definitely lost a bit of copper.
3 bed / 2 bath / 1,338 sqft

9. $4,900

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3455 Cadillac Boulevard
Detroit, MI 48214

With ornate woodwork and hardwood floors, there's still a lot to like about this east side home.
4 bed / 1 bath / 1,647 sqft

10. $4,000

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1525 McClellan Street
Detroit, MI 48214

A house in the East Village is just a few blocks from the Joseph Barry Subdivision and several riverside parks.
3 bed / 1 bath / 1,592 sqft

11. $10,000

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15730 Braile Street
Detroit, MI 48223

Values in the Brightmoor neighborhood can only go up -- a recent trash clean-up yielded 70,000 pounds of rubbish.
3 bed / 1 bath / 922 sqft.

12. $5,000

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5517 Coplin Street
Detroit, MI 48213

Walk a couple blocks for a round of golf at Chandler Park, or drive a few more blocks to the affluence of Grosse Pointe Park.
3 Beds / 2 Baths/ 1,477 sqft

13. $6,000

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7616 Stockton Street
Detroit, MI 48234

A green bungalow by City Airport looks to have a relatively intact interior.
3 Beds / 1 Bath / 702 sqft

14. $6,900

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643 Manistique Street
Detroit, MI 48215

Just two blocks from Grosse Pointe Park, this 97-year-old duplex last sold for $52,000 in 2010.
4 Beds / 2 Baths / 2,000 sqft

15. $9,500

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16614 Westbrook Street
Detroit, MI 48219

This corner lot clearance home boasts its proximity to Redford High School, as it will eventually be torn down to make way for Detroit's second-ever Meijer superstore.
3 bed / 2 bath / 2,062 sqft

16. $9,850

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14207 Mansfield Street
Detroit, MI 48227

An interesting roofline on a west side home that's been "cleaned out both interior and exterior."
3 Beds / 1 bath / 1,530 sqft

17. $10,000

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2511 Kendall Street
Detroit, MI 48238

This little house sold for $57,000 during the bullish days of 2007. Today, all it gets is a $10,000 ask with "AS IS" for a description.
3 bed /2 bath/800 sqft

18. $5,000

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4048 Tuxedo Street
Detroit, MI 48204

This home may not have all of its windows, but those it does have are "newer."
3 Beds / 3 Baths / 2,304 sqft

19. $10,000

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8066 Grinnell Avenue
Detroit, MI 48213

This little bungalow looks cozy in the snow. Let's hope that stovepipe isn't indicative of a need for supplemental heat.
3 bed / 1 bath / 1,286 sqft

20. $6,900

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3683 Gilbert Street
Detroit, MI 48210

A large home just off Michigan Ave claims to have in inexplicable 7 bathrooms.
5 Beds / 7 baths / 1,658 sqft

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1. $480

5972 Pennsylvania Street, Detroit, MI 48213

Just a few hundred bucks buys this 1916 duplex containing a couple of two-bedroom apartments.
4 bed / 2 bath / 2,352 sq ft

5972 Pennsylvania Street
Detroit, MI 48213

2. $10,000

19014 West Chicago Street, Detroit, MI 48228

This 1950s duplex comes complete with tenants. We can't say if that's a good thing.
4 bed / 2 bath / 2,250 sqft

19014 West Chicago Street
Detroit, MI 48228

3. $7,900

3029 Fischer Street, Detroit, MI 48214

This charming Cape Cod comes with "Florida Room" and a brand-new furnace.
3 bed / 1 bath /898 sqft

3029 Fischer Street
Detroit, MI 48214

4. $8,644

4075 Pasadena Street, Detroit, MI 48238

This one boasts hardwood floors, an alarm system, and a partially finished basement.
3 bed / 3 bath / 1,611 sqft

4075 Pasadena Street
Detroit, MI 48238

5. $10,000

551 Englewood Street, Detroit, MI 48202

Just three blocks off Woodward, this 1912 fixer-upper might sound like a good deal at $10K, but the current owner only paid $800 for the place in 2008.
4 bed / 1 bath / 1,370 sqft

551 Englewood Street
Detroit, MI 48202

6. $550

2939 Sturtevant Street, Detroit, MI 48206

This Russell Woods duplex offers a lot of house for the money, asking just under $0.20 per square foot.
4 bed / 3 bath / 2,800 sqft

2939 Sturtevant Street
Detroit, MI 48206

7. $10,000

15434 Oakfield Avenue, Detroit, MI 48227

A cute Bungalow in Grandmont Rosedale comes with a fireplace and a garage.
4 bed / 1 bath / 1,324 sqft

15434 Oakfield Avenue
Detroit, MI 48227

8. $3,900

3417 Hurlbut Street, Detroit, MI 48214

Located on the unfortunately named Hurlbut Street, this house's interior has definitely lost a bit of copper.
3 bed / 2 bath / 1,338 sqft

3417 Hurlbut Street
Detroit, MI 48214

9. $4,900

3455 Cadillac Boulevard, Detroit, MI 48214

With ornate woodwork and hardwood floors, there's still a lot to like about this east side home.
4 bed / 1 bath / 1,647 sqft

3455 Cadillac Boulevard
Detroit, MI 48214

10. $4,000

1525 McClellan Street, Detroit, MI 48214

A house in the East Village is just a few blocks from the Joseph Barry Subdivision and several riverside parks.
3 bed / 1 bath / 1,592 sqft

1525 McClellan Street
Detroit, MI 48214

11. $10,000

15730 Braile Street, Detroit, MI 48223

Values in the Brightmoor neighborhood can only go up -- a recent trash clean-up yielded 70,000 pounds of rubbish.
3 bed / 1 bath / 922 sqft.

15730 Braile Street
Detroit, MI 48223

12. $5,000

5517 Coplin Street, Detroit, MI 48213

Walk a couple blocks for a round of golf at Chandler Park, or drive a few more blocks to the affluence of Grosse Pointe Park.
3 Beds / 2 Baths/ 1,477 sqft

5517 Coplin Street
Detroit, MI 48213

13. $6,000

7616 Stockton Street, Detroit, MI 48234

A green bungalow by City Airport looks to have a relatively intact interior.
3 Beds / 1 Bath / 702 sqft

7616 Stockton Street
Detroit, MI 48234

14. $6,900

643 Manistique Street, Detroit, MI 48215

Just two blocks from Grosse Pointe Park, this 97-year-old duplex last sold for $52,000 in 2010.
4 Beds / 2 Baths / 2,000 sqft

643 Manistique Street
Detroit, MI 48215

15. $9,500

16614 Westbrook Street, Detroit, MI 48219

This corner lot clearance home boasts its proximity to Redford High School, as it will eventually be torn down to make way for Detroit's second-ever Meijer superstore.
3 bed / 2 bath / 2,062 sqft

16614 Westbrook Street
Detroit, MI 48219

16. $9,850

14207 Mansfield Street, Detroit, MI 48227

An interesting roofline on a west side home that's been "cleaned out both interior and exterior."
3 Beds / 1 bath / 1,530 sqft

14207 Mansfield Street
Detroit, MI 48227

17. $10,000

2511 Kendall Street, Detroit, MI 48238

This little house sold for $57,000 during the bullish days of 2007. Today, all it gets is a $10,000 ask with "AS IS" for a description.
3 bed /2 bath/800 sqft

2511 Kendall Street
Detroit, MI 48238

18. $5,000

4048 Tuxedo Street, Detroit, MI 48204

This home may not have all of its windows, but those it does have are "newer."
3 Beds / 3 Baths / 2,304 sqft

4048 Tuxedo Street
Detroit, MI 48204

19. $10,000

8066 Grinnell Avenue, Detroit, MI 48213

This little bungalow looks cozy in the snow. Let's hope that stovepipe isn't indicative of a need for supplemental heat.
3 bed / 1 bath / 1,286 sqft

8066 Grinnell Avenue
Detroit, MI 48213

20. $6,900

3683 Gilbert Street, Detroit, MI 48210

A large home just off Michigan Ave claims to have in inexplicable 7 bathrooms.
5 Beds / 7 baths / 1,658 sqft

3683 Gilbert Street
Detroit, MI 48210