The median home value in Detroit, MI is $82,000.
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 $82,000.
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!
Learn more about Detroit.
An awesome opportunity to develop land right in the Historic Island View/Greater Villages neighborhoods. This lot is sold in a bundle of 3 vacant lots with 2483 and 2495 Van Dyke. Totaling 9,817 sqft. Not sold separately. Zoned R2. Within walking distance to West Village shops, restaurants, Biergarten, and Belle Isle. 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. Please see attached documents for DLBA requirements and offer submission information.
An awesome opportunity to develop land right in the Historic Island View/Greater Villages neighborhoods. Within walking distance to West Village shops, restaurants, Biergarten, and Belle Isle. Zoned R2. 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. Please see attached documents for DLBA requirements and offer submission information.
Two property deal. Sold with 2373 Elmhurst. Both lots total 16,401 sqft. Property zoned as R3. 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 DLBA 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. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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. See attached documents for DLBA requirements and offer submission info. BATVAI Please see attached documents for DLBA requirements and offer submission information.
Great opportunity for infill housing development. This lot sold in bundle with 5671,5677, 5683, 5689 Casmere. These 5 lots total 14,696 sqft. Not sold separately. Zoned R2. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. 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 financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.
This property is zoned R3.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 DLBA 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. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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. See attached documents for DLBA requirements and offer submission info. BATVAI Please see attached documents for DLBA requirements and offer submission information.
Development Opportunity to build your home just outside of Indian Village! Double lot in East Village ready for your designs. Zoned residential with two 30x100 lots, there's lots of room for customizing. Lots back up to a small street which could provide direct access to your garage. Seller has architectural plans for the renovation they intended to complete. Willing to include them in the sale. Call for more info today! 1444 Fischer is included in the sale. Current use is Residential.
Development Opportunity to build your home just outside of Indian Village! Double lot in East Village ready for your designs. Zoned residential with two 30x100 lots, there's lots of room for customizing. Lots back up to a small street which could provide direct access to your garage. Seller has architectural plans for the renovation they intended to complete. Willing to include them in the sale. Call for more info today! 1444 Fischer is included in the sale.
Vacant lot located in the North End Neighborhood. In recent years, this area has experienced transitions and development initiatives. Build your new home in this up and coming area! Current use is Residential.
Welcome to the East Village! Close to the Marina District, Jefferson Assembly Plant and the home of Pewabic Pottery. Land contract terms are available.
Vacant lot located in the North End Neighborhood. In recent years, this area has experienced transitions and development initiatives. Build your new home in this up and coming area!
Welcome to the East Village! Close to the Marina District, Jefferson Assembly Plant and the home of Pewabic Pottery. Land contract terms are available.
Great build opportunity located in the heart of Mexicantown, Corktown, the newly renovated Ford train station just down the street. From Sainte Anne's Basilica. Property has existing building that would likely need to razed. Lot can be included with package with addresses including 1515 Sainte Anne (PRD 1000806970), 1519 (PRD 100080678) and 1503 VL (PRD 10008071).
This fenced side lot is located in Hubbard Farms, right next to the Yorba Hotel. It can be purchased alone or alongside 1031 Hubbard St, the next door residential home for sale under MLS #
Vacant land in the upcoming neighborhood of Pingree Park, at the corner of Warren Ave and Baldwin Ave. Two blocks away from both Gratiot Ave and Van Dyke, right in front of the 8 Warren bus stop. Seller prefers to sell this lot with the convenience store next door at 7631 E Warren. (Please see MLS#20230079462)
REDUCED...JUST IN TIME FOR THE TRAIN STATION OPENING...PRIME INVESTMENT OPPORTUNITY IN CORKTOWN, one of Detroit's fasted developing communities. Lot consists of 2 adjacent parcels, 2101 and 2105 Michigan Ave, totaling 3,275 Sq Ft (0.075 Acres) with 62 Feet of direct Michigan Ave Frontage. Corner lot, south side of Michigan Ave and Wabash St. Parcels are a few feet away from Ford Motor Company's 1 Billion Dollar Michigan Central Station Project Development, recently completed 6 Million Dollar Roosevelt Park transformation and many retailers. This growing and vibrant community is located a few minutes from Downtown Detroit and major expressways, I-75 and I-96. Flexible zoning allowing for office, retail, medical, multi-family or mixed use. Located in the designated Detroit Opportunity Zone with potential to build up to 4 stories in the heart of Corktown. This is an opportunity of a lifetime to own property with unlimited potential.
Vacant lot in the city of Detroit located Within the amazing community. (Land Contract Available)
Attention investors! This is an exceptional opportunity to acquire two adjacent parcels of land totaling over 7,500 square feet, situated in a prime location near I-94 and within easy reach of Downtown Detroit. These parcels present an excellent redevelopment opportunity, with the neighborhood poised for significant growth and new housing developments in the near future. Don't miss your chance to be a part of the revitalization of Detroit and establish your presence on the renowned Gratiot Road.
Great lot close to Mexican Town and Corktown and is just minutes away from Downtown Detroit, the new Gordie Howe Bridge, Ford's Michigan Central Station and walking distance to the newly renovated Clark Park. The lot does not have Utilites. The lot is from the alley way to the new wood fence. The wood fence area is NOT this lot. Buyer/Buyers agent to verify all information.
Great lot close to Mexican Town and Corktown and is just minutes away from Downtown Detroit, the new Gordie Howe Bridge, Ford's Michigan Central Station and walking distance to the newly renovated Clark Park. The lot does not have Utilites. The lot is from the alley way to the new wood fence. The wood fence area is NOT this lot. Buyer/Buyers agent to verify all information.
Welcome to your next investment opportunity in an excellent area in Detroit. Just minutes away from Eastern Market and Downtown Detroit. This land is zoned R3 and is ready for development in one of the hottest zip codes 48207.
Vacant lot with amazing potential. Build your own home. The possibilities are endless. Progressive Area.
Motivated Seller!! Great opportunity on this Commercially Zoned parcel, totaling 40 feet of frontage with adjacent lot which is also for sale at $7,500. Package deal available for both 10746 and 10750 Whittier. Located in Zoning B4-General Business District. Ask your agent for a list of permitted uses or contact the City Zoning/Building for details!
Motivated Seller!! Great opportunity on this Commercially Zoned parcel, totaling 40 feet of frontage with adjacent lot which is also for sale at $7500. Package deal available for both 10746 and 10750 Whittier. Located in Zoning B4-General Business District. Ask your agent for a list of permitted uses or contact the City Zoning/Building for details!
Expansive land opportunity featuring almost two full acres. A blank canvas | prime location | multiple business possibilities. Maximum exposure on well-traveled Outer Drive makes this a great investment opportunity. Three minutes from the new Amazon facility, I75, and around the corner from neighboring Chrysler/Stellantis. Nine-minute drive to Detroit City Airport (currently undergoing a multimillion-dollar transformation), amid residential family neighborhoods and Recreational facilities and Parks, ... the business opportunities are vast.