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Detroit MI Real Estate & Homes for Sale

2,800 Properties Found

The median home value in Detroit, MI is $80,750. This is lower than the county median home value of $150,000. The national median home value is $308,980. The average price of homes sold in Detroit, MI is $80,750. Approximately 39% of Detroit homes are owned, compared to 37% rented, while 24% are vacant. Detroit real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Detroit real estate agent to arrange a tour today!
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Beds:
3
Baths:
1.00
Sq.Ft.:
995
Status:
NEW LISTING
MLS#:
20240024988
Type:
Single Family
Subdivision:
COOPERS LEIGH G CADIEUX SEVEN MILE DRIVE
Lot size:
4,356 Acres
Year built:
1948
A broker reciprocity listing Courtesy: RE/MAX City Centre
View additional info

Welcome to 10700 Balfour, a promising property nestled in the heart of Detroit, Michigan. Boasting an enviable location, this home presents an excellent opportunity for both investors and potential homeowners alike. It's important to note that the sale of this property is contingent upon approval by the bankruptcy court, ensuring a transparent and regulated transaction process.Key Features:Prime Location: Located in the vibrant city of Detroit, this property offers easy access to urban amenities, cultural attractions, and major transportation routes.Potential Investment: With its strategic location and potential for value appreciation, this property is an enticing option for savvy investors seeking to diversify their portfolio.Personalization Opportunity: Whether you're looking to renovate and customize your dream home or capitalize on its rental potential, the possibilities are endless with this property.Bankruptcy Court Approval: Please be advised that the sale of this property must receive approval from the bankruptcy court, ensuring a fair and regulated transaction process.Closing Timeline: Due to the court approval requirement, the closing process may take between 30 to 60 days. Your patience and cooperation are appreciated as we navigate this necessary step.Don't miss out on the chance to make 10700 Balfour your own. Contact us today to schedule a viewing and explore the potential awaiting within this unique property.

Open House:

Tuesday, 4/23 3:00-5:00PM

More Open House Info >

Beds:
3
Baths:
2.50
Sq.Ft.:
3,005
Status:
NEW LISTING
MLS#:
20240024819
Type:
Condo, Townhouse
Subdivision:
PLAT OF SEC 7-GOVERNOR & JUDGES PLAN (DEEDS)
Year built:
1929
A broker reciprocity listing Courtesy: Good Company
View additional info

Downtown Luxury and Elegance abound in this newly constructed condo on Broadway Ave. This is your chance to own a whole floor of the historic HARTZ building with sweeping views afforded by the 4th floor. There are only three units in this development, all perfectly appointed for distinguished buyers, equipped with panoramic views of downtown, VIP parking in the Opera House garage, and no expenses spared on premium finishings and luxury accents. The only selections left are cabinetry, paint and flooring colors, fixtures, and other finishing touches. One block from the Detroit Athletic Club, Comerica Park, and the new Hudson building! This unit is ready for tours and will be sure to impress.

Beds:
9
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
81024018299
Type:
Multi-Family
Subdivision:
Frontenac
Lot size:
0.16 Acres
Year built:
1914
A broker reciprocity listing Courtesy: EXP Realty, LLC
View additional info

Looking for a income producing property this apartment has 4 units next to the Indian Village area. Potential for rent is approx $5600 per month vastly under rented. $67000 a year.Just needs min. upgrades nothing major, but is and can be rent as presented. ( occupied as we speak. one unit vacant and second is owner occupied making two. other two month to month /family members. )First floor has own main door closes to Vernor. ( see pictures)It has 3 bedrooms , hardwood floors , bay windows the works.All the units have bay windows. 2nd floor has 2 units. 3rd floor has 3 bedrooms and updated everythinglooking for a income producing property this apartment has 4 units next to the Indian Village area. Potential for rent is approx $5600.Just needs min. upgrades nothing major, but is and can be rent as presented. ( occupied)First floor has own main door closes to Vernor. ( see pictures)It has 3 bedrooms , hardwood floors , bay windows the works.All the units have bay windows. 2 floor has 2 units. 3rd floor has 3 bedrooms and updated everything

Beds:
3
Baths:
1.00
Sq.Ft.:
888
Status:
NEW LISTING
MLS#:
20240024088
Type:
Single Family, Ranch
Subdivision:
DRENNAN & SELDONS REGENT PARK (PLATS)
Lot size:
0.1 Acres
Year built:
1946
A broker reciprocity listing Courtesy: RE/MAX Dream Properties
View additional info

Amazing opportunity to own this north Detroit ranch. Bring in your imaginations and make this a nice home. BATVAI.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
NEW LISTING
MLS#:
24018299
Type:
Multi-Family
Subdivision:
Frontenac
Lot size:
0.16 Acres
Year built:
1914
A broker reciprocity listing Courtesy: Eric Waldon - EXP Realty, LLC Eric Waldon
View additional info

Looking for a income producing property this apartment has 4 units next to the Indian Village area. Potential for rent is approx $5600 per month vastly under rented. $67000 a year.Just needs min. upgrades nothing major, but is and can be rent as presented. ( occupied as we speak. one unit vacant and second is owner occupied making two. other two month to month /family members. )First floor has own main door closes to Vernor. ( see pictures)It has 3 bedrooms , hardwood floors , bay windows the works.All the units have bay windows. 2nd floor has 2 units. 3rd floor has 3 bedrooms and updated everything looking for a income producing property this apartment has 4 units next to the Indian Village area. Potential for rent is approx $5600.Just needs min. upgrades nothing major, but is and can be rent as presented. ( occupied)First floor has own main door closes to Vernor. ( see pictures)It has 3 bedrooms , hardwood floors , bay windows the works.All the units have bay windows. 2 floor has 2 units. 3rd floor has 3 bedrooms and updated everything

Beds:
2
Baths:
2.00
Sq.Ft.:
1,214
Status:
NEW LISTING
MLS#:
20240019735
Type:
Condo, Townhouse
Subdivision:
WAYNE COUNTY CONDO PLAN NO 807
Year built:
1988
A broker reciprocity listing Courtesy: @properties Christie's Int'l R.E. Detroit
View additional info

Nestled within Harbortown's Great Lakes Tower in Detroit, this exquisite fifth-floor condo offers a luxurious blend of comfort and style. Boasting two bedrooms, two bathrooms, and hardwood floors throughout, this home is a true gem of urban living. Step inside to discover a spacious and airy living area, perfect for both relaxation and entertaining. The open floor plan seamlessly connects the living, dining, and kitchen areas, creating a welcoming atmosphere bathed in natural light. The open kitchen features modern appliances, sleek countertops, and ample storage space. The primary bedroom is a tranquil retreat, complete with a walk-in closet and an en-suite bathroom. The second bedroom is equally inviting, offering comfort and privacy for a home office or a guest bedroom. Residents of Great Lakes Tower have access to a host of amenities outside, including a community outdoor pool, fitness center, and tennis courts. Take a leisurely stroll along the Detroit RiverWalk, a scenic pathway that winds along the riverfront, offering breathtaking views and access to parks, restaurants, and shops. Located just a short distance from downtown Detroit, this condo offers the best of city living. Explore the vibrant downtown area, home to world-class dining, entertainment, and cultural attractions. Whether you're in the mood for a night out on the town or a peaceful evening at home, this condo offers the perfect blend of convenience and luxury.

Beds:
2
Baths:
1.00
Sq.Ft.:
1,102
Status:
NEW LISTING
MLS#:
20240024474
Type:
Single Family, Ranch
Subdivision:
SEYBURNS STEPHEN Y SUB
Lot size:
0.07 Acres
Year built:
1911
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Property needs a full rehab top to bottom, but don't let that scare you away. The right investor will certainly turn a profit on this Islandview 2 bedroom ranch, just west of West Village. Islandview is named for its proximity to Detroit's island park, Belle Isle. The neighborhood is bound by Jefferson on the south, Mack to the north, Mt. Elliott to the west and Baldwin Street on the east. 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.

Beds:
3
Baths:
1.00
Sq.Ft.:
1,144
Status:
NEW LISTING
MLS#:
20230097673
Type:
Single Family
Subdivision:
RUSSELL WOODS (PLATS)
Lot size:
0.09 Acres
Year built:
1924
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Great investment opportunity in Russell Woods. Close to expressways and a short ride to Downtown Detroit. 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.

Beds:
3
Baths:
1.00
Sq.Ft.:
1,532
Status:
NEW LISTING
MLS#:
20240024266
Type:
Single Family
Subdivision:
JOSEPH TIREMANS SUB (PLATS)
Lot size:
0.09 Acres
Year built:
1916
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info
Beds:
3
Baths:
1.00
Sq.Ft.:
687
Status:
NEW LISTING
MLS#:
20240024346
Type:
Single Family
Subdivision:
MALLOYS WM J
Lot size:
0.13 Acres
Year built:
1942
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Great Investment Opportunity Waiting for You! 4 Homes for the Price of One! Sale Includes 8219 Rosemont, 8234 Penrod, 7846 Greenview and 8047 Greenview Totaling $20,000. Homes will not be sold separately, NO Exceptions! Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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.

Beds:
2
Baths:
1.00
Sq.Ft.:
760
Status:
NEW LISTING
MLS#:
20240024268
Type:
Single Family, Ranch
Subdivision:
BONAPARTE PARK (PLATS)
Lot size:
0.11 Acres
Year built:
1943
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Great Investment Opportunity Waiting for You! 4 Homes for the Price of One! Sale Includes 8219 Rosemont, 8234 Penrod, 7846 Greenview and 8047 Greenview Totaling $20,000. Homes will not be sold separately, NO Exceptions! Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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.

Beds:
2
Baths:
1.00
Sq.Ft.:
944
Status:
NEW LISTING
MLS#:
20240024271
Type:
Single Family
Subdivision:
RICHLAND PARK (PLATS)
Lot size:
0.11 Acres
Year built:
1942
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Great Investment Opportunity Waiting for You! 4 Homes for the Price of One! Sale Includes 8219 Rosemont, 8234 Penrod, 7846 Greenview and 8047 Greenview Totaling $20,000. Homes will not be sold separately, NO Exceptions! Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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.

Beds:
3
Baths:
1.00
Sq.Ft.:
687
Status:
NEW LISTING
MLS#:
20240024335
Type:
Single Family
Subdivision:
MALLOYS WM J
Lot size:
0.13 Acres
Year built:
1942
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Great Investment Opportunity Waiting for You! 4 Homes for the Price of One! Sale Includes 8219 Rosemont, 8234 Penrod, 7846 Greenview and 8047 Greenview Totaling $20,000. Homes will not be sold separately, NO Exceptions! Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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.

Beds:
3
Baths:
1.00
Sq.Ft.:
1,239
Status:
NEW LISTING
MLS#:
20240024353
Type:
Single Family
Year built:
1910
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

3 Income Properties for the Price of 1 & 4 lots totaling $18,675. Addresses include 6777, 6788 and 6792, 6802, 6808, 6812 Scotten. Close to shopping, schools, 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.

Beds:
3
Baths:
1.00
Sq.Ft.:
1,452
Status:
NEW LISTING
MLS#:
20240024357
Type:
Single Family
Lot size:
0.11 Acres
Year built:
1909
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

3 Income Properties for the Price of 1 & 4 lots totaling $18,675. Addresses include 6769, 6788 and 6792, 6802, 6808, 6812 Scotten. Close to shopping, schools, 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.

Beds:
3
Baths:
1.00
Sq.Ft.:
1,114
Status:
NEW LISTING
MLS#:
20240024943
Type:
Single Family
Subdivision:
WARRENDALE WARSAW (PLATS)
Lot size:
0.1 Acres
Year built:
1930
A broker reciprocity listing Courtesy: Home Source Realty LLC
View additional info

Discover the charm of this recently updated brick Tudor, perfectly located in Franklin Park park neighborhood. Situated on a double wide lot and just a short drive from Warrendale and Dearborn Heights, this home offers both space and accessibility. The property boasts a fantastic layout adorned with modern updates seamlessly blended with classic charm. Don't miss the chance to make it yours"schedule a viewing today!

Beds:
2
Baths:
1.00
Sq.Ft.:
1,030
Status:
NEW LISTING
MLS#:
20240024413
Type:
Single Family
Subdivision:
PETERS SUB OF PART OF SEC 48 (PLATS)
Lot size:
0.02 Acres
Year built:
1923
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Great investment opportunity, 3 properties for the price of 1! Subject address is included as part of a 3 property bundle sale totaling $15,000. Addresses include 9021, 9033 Lawton. Close to major freeways and more! Homes will not be sold separately, No Exceptions! Each deed shall represent a sale price of $5,000 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.

Beds:
8
Baths:
3.50
Sq.Ft.:
3,204
Status:
NEW LISTING
MLS#:
20240024367
Type:
Multi-Family
Subdivision:
FISHERS SUB ON OL 5 & 6
Lot size:
0.16 Acres
Year built:
1912
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

This is your opportunity to invest in one of Detroit's hottest areas! Located between New Center Area and Boston Edison, this 3 unit has 2 bedrooms in the attic and 2, 3 bedrooms. Great investment opportunity or primary residence within walking distance to transit, and minutes away from Wayne State, entertainment, awesome retail and downtown! Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. 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.

Beds:
3
Baths:
1.00
Sq.Ft.:
1,247
Status:
NEW LISTING
MLS#:
20240024362
Type:
Single Family
Subdivision:
SCOVELS (PLATS)
Year built:
1912
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

3 Income Properties for the Price of 1 & 4 lots totaling $18,675. Addresses include 6769, 6777 and 6792, 6802, 6808, 6812 Scotten. Close to shopping, schools, 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.

Beds:
2
Baths:
1.00
Sq.Ft.:
1,000
Status:
NEW LISTING
MLS#:
20240024380
Type:
Single Family
Subdivision:
PETERS SUB OF PART OF SEC 48 (PLATS)
Lot size:
0.02 Acres
Year built:
1923
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Great investment opportunity, 3 properties for the price of 1! Subject address is included as part of a 3 property bundle sale totaling $15,000. Addresses include 9021, 9031 Lawton. Close to major freeways and more! Homes will not be sold separately, No Exceptions! Each deed shall represent a sale price of $5,000 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.

Beds:
2
Baths:
1.00
Sq.Ft.:
1,092
Status:
NEW LISTING
MLS#:
20240024415
Type:
Single Family
Subdivision:
PETERS SUB OF PART OF SEC 48 (PLATS)
Lot size:
0.02 Acres
Year built:
1923
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Great investment opportunity, 3 properties for the price of 1! Subject address is included as part of a 3 property bundle sale totaling$15,000. Addresses include 9031, 9033 Lawton. Close to major freeways and more! Homes will not be sold separately, No Exceptions!Each deed shall represent a sale price of $5,000 per property. Sale contingent on buyer/seller executed development agreement. Pleasenote that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of theproperty. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selectedpurchaser. 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 anddevelopment financing.

Beds:
3
Baths:
1.00
Sq.Ft.:
1,322
Status:
NEW LISTING
MLS#:
20240024424
Type:
Condo, Townhouse
Subdivision:
MILLS SUB NO 3 (PLATS)
Lot size:
0.02 Acres
Year built:
1911
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Great investment opportunity right off E. Grand Blvd. and close to Belle Isle, downtown Detroit, entertainment and so much more! DLBA owns one unit in a series of 4 connected row houses. Home is fire damaged. Bring you best offer! 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. 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.

Beds:
3
Baths:
1.00
Sq.Ft.:
1,176
Status:
NEW LISTING
MLS#:
20240024935
Type:
Single Family, Ranch
Subdivision:
MANHATTAN CITY PARK
Lot size:
0.13 Acres
Year built:
1953
A broker reciprocity listing Courtesy: Preferred Realty Pros
View additional info

GREAT OPPORTUNITY ON THIS 3 BEDROOM BRICK RANCH. HOME FEATURES A DEEP FENCED LOT, OPEN FLOORPLAN AND MUCH MORE. CASH ONLY.

Beds:
4
Baths:
2.00
Sq.Ft.:
2,146
Status:
NEW LISTING
MLS#:
20240024454
Type:
Multi-Family
Subdivision:
SUB OF PART OF RC OF PC NO 182 (PLATS)
Lot size:
0.23 Acres
Year built:
1890
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

Investment opportunity in this multi-family located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Estimated rehab 223$k. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the five tax years subsequent to transferring ownership of the property. The tax capture might 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.

Beds:
3
Baths:
1.00
Sq.Ft.:
2,100
Status:
NEW LISTING
MLS#:
20240024489
Type:
Single Family
Subdivision:
DAMMS HENRY SUB
Lot size:
0.09 Acres
Year built:
1913
A broker reciprocity listing Courtesy: Bellabay Realty Tri Counties
View additional info

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.

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The data relating to real estate for sale on this web site comes in part from the IDX Program of the RealComp MLS. IDX information 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 and , ©2022 Realcomp II Ltd. Shareholders

The properties on this web site come in part from the Broker Reciprocity Program of Member MLS's of the Michigan Regional Information Center LLC. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Michigan Regional Information Center, LLC. All rights reserved.

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