Detroit MI Homes for Rent

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Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Baths:
MLS#:
20240024964
Subdivision:
FORDS SUB (PLATS)

ADDITIONAL INFORMATION

This great investment opportunity is located in a growing and vibrant community, located a few minutes from Downtown Detroit, Corktown and major expressways, I-75 and I-96. Zoned for Residential and Multifamily projects. Lot size is 30x151.56. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Baths:
MLS#:
20240024963
Subdivision:
SUB OF LOT 1 LAFFERTY FARM N OF GD RIVER (PLATS)

ADDITIONAL INFORMATION

This great investment opportunity is located in a growing and vibrant community, located a few minutes from Downtown Detroit, Corktown and major expressways, I-75 and I-96. Zoned for Residential and Multifamily projects. Lot size is 30x130. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.13 Acres
Baths:
MLS#:
20240024332
Subdivision:
J W JOHNSTONS (ALSO PAGE 33) (PLATS)

ADDITIONAL INFORMATION

Zoned B4, Commercial build opportunity within walking distance from Corktown, Social District, and Ford Train Station! Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.15 Acres
Baths:
MLS#:
20240024440
Subdivision:
PLAT OF SUB OF PT GODFROY FARM (PLATS)

ADDITIONAL INFORMATION

Great build opportunity located within walking distance of Detroit's Corktown, social district, and the newly renovated Ford train station. This property is surrounded by some newer built homes where values are on the rise! The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Baths:
MLS#:
20240024462
Subdivision:
PLUMERS SUB (PLATS)

ADDITIONAL INFORMATION

New Development Opportunity close to Corktown, transportation, freeways and future major developing areas. Sale includes 3363 and 3369 Roosevelt. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.04 Acres
Baths:
MLS#:
20240024457
Subdivision:
AVERY & MURPHYS SUB (PLATS)

ADDITIONAL INFORMATION

Great building opportunity in the Woodbridge neighborhood! Enjoy the amenities of living nearby businesses/restaurants such as Willa Flora Farm, Ochre Bakery, Fisheye Vegetable Farm, Yoga Studio, Core City Park, Velvet Tower, Brazilian Jiu-Jitsu, and Argentinian restaurant Barda. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Type:
Single Family
Sq.Ft.:
2,100
Status:
Active
Beds:
3
Lot size:
0.09 Acres
Year built:
1913
Baths:
1.00
MLS#:
20240024489
Subdivision:
DAMMS HENRY SUB

ADDITIONAL INFORMATION

3 Income Properties for the Price of 1 & 3 lots totaling $24,900. Addresses include 5709, 5761, 5767, 5773, and 5781 Missouri. Close to historic Grand River, Downtown, Motown Museum, city parks, major freeways and more! Homes will not be sold separately, NO Exceptions! Each deed shall represent a sale price of $8,300 per property. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Baths:
MLS#:
20240024509
Subdivision:
GOODRICHS JAMES S SUB OF OL 19

ADDITIONAL INFORMATION

Great building opportunity in the Woodbridge neighborhood! The lot is zoned residential, R2. Enjoy the amenities of living nearby businesses/restaurants such as Willa Flora Farm, Ochre Bakery, Fisheye Vegetable Farm, Yoga Studio, Core City Park, Velvet Tower, Brazilian Jiu-Jitsu, and Argentinian restaurant Barda. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Type:
Single Family
Sq.Ft.:
576
Status:
Active
Beds:
2
Lot size:
0.11 Acres
Year built:
1900
Baths:
1.00
MLS#:
20240024636
Subdivision:
KELLY A W

ADDITIONAL INFORMATION

New Development Opportunity close to Corktown, transportation, freeways and future major developing areas. 7 lots are included in the sale, 4745, 4757, 4763, 4769, Tillman and 4770, 4762 and 4752 23rrd. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Baths:
MLS#:
20240024628
Subdivision:
MORE THAN ONE SUBDIVISION INVOLVED

ADDITIONAL INFORMATION

Great development opportunity in the New Center Area. 3 lots to be sold together, 5287 Stanton, 2525 Edsel Ford, 5278 Stanton. Lots cannot be separated. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Baths:
MLS#:
20240024641
Subdivision:
MORE THAN ONE SUBDIVISION INVOLVED

ADDITIONAL INFORMATION

Looking for a new build infill opportunity in Cork town? Sale includes 4 lots that cannot be sold separately, 5286 Stanton, 5278 Stanton, 5268 Stanton and 5260 Stanton. BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLEMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN),HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS & JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. THE DLBA IS ENTITLED TO A TAX CAPTURE FOR THE 5 TAX YEARS SUBSEQUENT TO TRANSFERRING OWNERSHIP OF THE PROPERTY. THE TAX CAPTURE MAY BE INCOMPATIBLE WITH TAX ABATEMENT THAT ARE OTHERWISE AVAILABLE TO THE SELECTED PURCHASER. DLBA WILL REVIEW REQUESTS TO WAIVE ITS TAX CAPTURE RIGHTS & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.SEE ADDITIONAL ATTACHED DOCS

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Baths:
MLS#:
20240024639
Subdivision:
MARY E ARMSTRONG (PLATS)

ADDITIONAL INFORMATION

Are you ready for an awesome build opportunity? 7 lots available for your vision include 2417 W. Edsel Ford Fwy, 5281 16th, 5275 16th, 5269 16th, 5263 16th, 5257 16th, 5251 16th. Lots cannot be sold separate. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.49 Acres
Baths:
MLS#:
20240024672
Subdivision:
NORTON & BEARDSLEYS SUB L12 P46 PLATS

ADDITIONAL INFORMATION

Want to Be in the Heart of it All, Now's Your Opportunity to build in a thriving community and includes 2221 W. Grand Blvd and 7322 Lawton. Close to Motown Museum, Henry Ford Hospital, New Center/Downtown Area. The DLBA is seeking proposals that are for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

Type:
Single Family
Sq.Ft.:
2,821
Status:
Active
Beds:
3
Lot size:
0.18 Acres
Year built:
1912
Baths:
1.00
MLS#:
20240024680
Subdivision:
MARY A DAMMS SUB (PLATS)

ADDITIONAL INFORMATION

3 Income Properties for the Price of 1 & 3 lots totaling $24,900. Addresses include 5618, 5761, 5767, 5773, and 5781 Missouri. Close to historic Grand River, Downtown, Motown Museum, city parks, major freeways and more! Homes will not be sold separately, NO Exceptions! Each deed shall represent a sale price of $8,300 per property. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Type:
Single Family
Sq.Ft.:
1,448
Status:
Active
Beds:
3
Lot size:
0.07 Acres
Year built:
1910
Baths:
1.00
MLS#:
20240024676
Subdivision:
MARY A DAMMS SUB (PLATS)

ADDITIONAL INFORMATION

3 Income Properties for the Price of 1 & 3 lots totaling $24,900. Addresses include 5618, 5709, 5767, 5773, and 5781 Missouri. Close to historic Grand River, Downtown, Motown Museum, city parks, major freeways and more! Homes will not be sold separately, NO Exceptions! Each deed shall represent a sale price of $8,300 per property. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.1 Acres
Baths:
MLS#:
60300765
Subdivision:
ALEXANDRINE STANTONS SUB L5 P10 (PLATS)

ADDITIONAL INFORMATION

Looking for a new build infill opportunity in Historic North Cork town? 4 lots located in an area of new construction properties where you can complete the block. Sale includes 3967, 3973, 3979 & 3985 17th. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit�s Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Type:
Industrial
Sq.Ft.:
6,934
Status:
Active
Beds:
n/a
Lot size:
0.29 Acres
Year built:
1919
Baths:
MLS#:
60298384
Subdivision:
J W JOHNSTONS SUB (PG 33 ) (PLATS)

ADDITIONAL INFORMATION

Here is a fantastic opportunity to have the only commercial building on the block in Chadsey Condon. This 7k square foot building could have many uses. Use your imagination to bring this property back to life. This could be ideal for a restaurant, party store, event space. It used to be home to the famous Jimmy's Soul Food. Zoning is B2 which provides many options. Property needs rehab but the bones are in great shape.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.38 Acres
Year built:
1920
Baths:
27.00
MLS#:
20240020791
Subdivision:
BELA HUBBARDS SUB L5 P46 PLATS

ADDITIONAL INFORMATION

AMAZING REDEVELOPMENT OPPORTUNITY ON THIS 27 UNIT BUILDING IN THE GRAND BLVD/ MCGRAW CORRIDOR. WEST OF WAYNE STATE, WOODBRIDGE, NW GOLDBERG AND SOUTH OF CORKTOWN. MANY DEVELOPMENTS PLANNED IN THE AREA. THE BUILDING NEEDS A FULL REHAB. GREAT UNIT MIX AND GENEROUS APARTMENTS SIZES. ADDITIONAL SPACE IN THE LOWER LEVEL TO ADD UNITS. SELLER HAS PLANS FOR AN ADDITIONAL NEW 38 UNIT BUILDING AND SEVERAL TRI PLEXES NEXT DOOR. Expenses estimated at 6% mgmt fee = $19,872. Taxes $20,000. Insurance $15,000. Rehab estimated at $1 Million. Total $1,675 Million (16.7 Cap)

Type:
Multi-Family
Sq.Ft.:
24,255
Status:
Active
Beds:
n/a
Lot size:
0.38 Acres
Year built:
1920
Baths:
27.00
MLS#:
60297598
Subdivision:
BELA HUBBARDS SUB L5 P46 PLATS

ADDITIONAL INFORMATION

AMAZING REDEVELOPMENT OPPORTUNITY ON THIS 27 UNIT BUILDING IN THE GRAND BLVD/ MCGRAW CORRIDOR. WEST OF WAYNE STATE, WOODBRIDGE, NW GOLDBERG AND SOUTH OF CORKTOWN. MANY DEVELOPMENTS PLANNED IN THE AREA. THE BUILDING NEEDS A FULL REHAB. GREAT UNIT MIX AND GENEROUS APARTMENTS SIZES. ADDITIONAL SPACE IN THE LOWER LEVEL TO ADD UNITS. SELLER HAS PLANS FOR AN ADDITIONAL NEW 38 UNIT BUILDING AND SEVERAL TRI PLEXES NEXT DOOR. Expenses estimated at 6% mgmt fee = $19,872. Taxes $20,000. Insurance $15,000. Rehab estimated at $1 Million. Total $1,675 Million (16.7 Cap)

Type:
Multi-Family
Sq.Ft.:
39,160
Status:
Active
Beds:
n/a
Lot size:
0.46 Acres
Year built:
1951
Baths:
65.00
MLS#:
60297597
Subdivision:
SCOVELS (PLATS)

ADDITIONAL INFORMATION

65 Unit apartment. Needs full rehab. Parking in rear. Income and expenses are estimated. 20 Studios @ $800= $16,000 45 1 bedrooms @ $900 = $40,500. Total monthly income $56,500. Mgmt Fee 6%= $40,680, Taxes $15,700, Ins $20,000, untilities $5,000.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.37 Acres
Year built:
1910
Baths:
MLS#:
20240020375
Subdivision:
AVERY & MURPHYS SUB (PLATS)

ADDITIONAL INFORMATION

Located in the heart of Detroit, this 9,000 square foot building was formerly a funeral home and is a great opportunity for investors. The building could remain a commercial operation, be utilized as professional office space or be rezoned for multi-family use. It has a private onsite parking lot and is easily accessible. The building has been maintained throughout its life and is in good condition. Across the street from Wayne State Field House and Athletic Club. Don't miss this prime location, close to downtown Detroit with all the amenities the city has to offer! Professional sports, world class casinos and decades or entertainment history just blocks away!

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.23 Acres
Baths:
MLS#:
60296919
Subdivision:
AVERY & MURPHYS SUB (PLATS)

ADDITIONAL INFORMATION

Woodbridge Turnkey Development Opportunity! Arise Woodbridge is a 10-townhome development project located at the corner of Trumbull & Lysander. Trumbull Avenue offers great amenities and the site proximity from Midtown and Wayne State university is very attractive to potential condo buyers. Located on a corner lot, the project site is also very visible from traffic up and down Trumbull avenue. Perfect for a new developer or a GC, the project is ready to go with construction drawings, condo docs, and NEZ certificates. This unique townhome concept by CH Architects blends nicely in the historic Woodbridge neighborhood while offering a modern design, attractive to condo buyers. The project has been engineered with the help of the expert development team at Berkshire Hathaway The Loft Warehouse and comes with a complete marketing package, including branding, logo, visual identity, website and marketing assets. Land includes 3 parcels: 4515 Trumbull (08005871), 4503 Trumbull (08005872) and 1520 Lysander (08001275).

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
3.72 Acres
Baths:
MLS#:
60296057
Subdivision:
MORE THAN ONE SUBDIVISION INVOLVED

ADDITIONAL INFORMATION

Situated in a prime location just minutes from Corktown, the Core Cities neighborhoods, and the newly established Ford Mobility Center at Michigan Central train station, this unique offering spans an entire 3.72-acre city block with direct access from Mack Ave and I-96. Perfect for residential or mixed-use projects, the site neighbors land bank parcels, opening the door to shape a fresh neighborhood in Detroit's dynamic landscape. Currently zoned as M3 (General Industrial) and steeped in history as the former Thorn Apple Valley meat smoking factory, it offers both nostalgic charm and vast developmental potential. To streamline the acquisition, the seller is providing favorable financing options, ready to hold at a competitive 6 interest. A stellar opportunity for developers to spearhead Detroit's urban revival.

Type:
Condo
Sq.Ft.:
1,564
Status:
Active
Beds:
2
Baths:
3.00
MLS#:
60289213

ADDITIONAL INFORMATION

ASK ABOUT OUR $10K UPGRADE CREDIT INCENTIVE AND SPECIAL FINANCING OPTIONS WITH OUR PREFERRED LENDER. Sycamore Park is a high-quality townhome community with proximity to many popular restaurants, shops, and entertainment. This stylish 2 story, 2 bedrooms, 2.5 baths features a private courtyard, rooftop terrace, and 1-car detached garage with 1 car tandem surface parking spot. The living, kitchen, dining, and powder room are on the ground level. 2 bedrooms and 2 full baths, plus laundry room on the second level. Entry to rooftop terrace on the third level. Principal Residents qualify for a 15 year NEW CONSTRUCTION NEZ PROPERTY TAX ABATEMENT. Construction started November 2023 and will be completed in Early 2025. You can easily reserve your townhouse now with a fully refundable $5,000 deposit.

Type:
Land
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.42 Acres
Baths:
MLS#:
60288008
Subdivision:
PLAT OF GODFROY FARM (PLATS)

ADDITIONAL INFORMATION

Vacant Land located in the Woodbridge neighborhood. Addresses included in subject listing are: 5173 Wabash, 5167 Wabash, 5159 Wabash. Lots are each approximately .14 acres each. Total purchase price is $39,900. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit�s Planning and Development Department for additional context about the neighborhood. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. This IDX information is from the IDX program of RealComp II Ltd. and is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX provided courtesy of Realcomp II Ltd., via Xome Inc. and Realcomp II Ltd., copyright 2024 Realcomp II Ltd. Shareholders.
Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.



Detroit Real Estate

The median home value in Detroit, MI is $71,600. This is lower than the county median home value of $150,200. The national median home value is $338,100. The average price of homes sold in Detroit, MI is $71,600. Approximately 36.89% of Detroit homes are owned, compared to 39.44% rented, while 23.66% are vacant. Detroit real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Detroit real estate agent to arrange a tour today!

Detroit, Michigan 48208 has a population of 645,658. Detroit 48208 is less family-centric than the surrounding county with 16.17% of the households containing married families with children. The county average for households married with children is 25.56%.

The median household income in Detroit, Michigan 48208 is $34,762. The median household income for the surrounding county is $52,830 compared to the national median of $69,021. The median age of people living in Detroit 48208 is 35 years.

Detroit Weather

The average high temperature in July is 83.5 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 33.5 inches per year, with 33 inches of snow per year.

Detroit Real Estate Market Conditions

  • Median sales price

    N/A
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Detroit Schools and Demographics

Education near Detroit, MI

Metric City County
High School Graduates 82.61 87.61
College Degree - 2 year 7.43 8.59
College Degree - 4 year 16.23 25.82
Graduate Degree 5.15 7.79
Expenditures per Student 13,771 13,771
Students per Teacher 17.7 17.7

Elementary Schools near Detroit, MI

School Grades Students P/T Ratio ZIP
Burton International School PK - 08 543 18.7 48208
Gee Edmonson Academy PK - 08 253 33.7 48201
George Crockett Academy PK - 08 312 20.3 48208
Munger Elementary-Middle School PK - 08 856 19.4 48216
Spain Elementary-Middle School PK - 08 531 21.5 48201

Middle Schools near Detroit, MI

School Grades Students P/T Ratio ZIP
Casa Richard Academy 09 - 12 84 21 48216

High Schools near Detroit, MI

School Grades Students P/T Ratio ZIP
Benjamin Carson School for Science and Medicine 09 - 12 457 19.9 48201
CASS Technical High School 09 - 12 2,320 24.9 48201
Detroit Collegiate Preparatory High School @ Northwestern 09 - 12 628 17.4 48208
Detroit Delta Preparatory Academy for Social Justice 09 - 12 46 10.2 48201
Detroit Public Safety Academy 07 - 12 141 15.2 48216
Detroit School of Arts 09 - 12 592 17.9 48201
Schools for the Future Detroit 09 - 12 36 10.3 48201

Ungraded Schools near Detroit, MI

School Grades Students P/T Ratio ZIP
* Covenant House Academy Detroit - Central Site 09 - 12 294 36.8 48208
* Covenant House Academy Detroit - Southwest Site 09 - 12 202 28.9 48216
* Detroit City West Side Academy for Leadership Development 09 - 12 489 18.8 48208
Capstone Academy Charter School (Sda) - South Campus 04 - 12 85 14.2 48201
Douglass Academy for Young Men 06 - 12 214 6.1 48208
Experiencia Preparatory Academy KG - 12 338 16.9 48201

Demographics near Detroit, MI 48208

Metric Zip Code City
Neighborhood Type Suburban
Population 645,658 1,789,781
Population Density 4,655 2,925
Median Age 35 37.8
People per Household 2.5 2.6
Median Household Income 34,762 52,830
Average Income per Capita 20,780 29,953