The median home value in Detroit, MI is
$68,000
.
This is
lower than
the county median home value of $129,000.
The national median home value is $266,648.
The average price of homes sold in Detroit, MI is $68,000.
Approximately 39% of Detroit homes are owned,
compared to 37% rented, while
25% 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 Real Estate.
Courtesy: Natasha Richards - Bellabay Realty Tri CountiesNatasha Richards
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Great investment opportunity in this multi-family located in Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground and Faygo Beverages! Sale includes 7 adjacent lots 3643, 3631, 3625, 3619, 3613, 3607, 3603 E. Ferry. 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. Contact listing broker with any questions.
Courtesy: Natasha Richards - Bellabay Realty Tri CountiesNatasha Richards
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Investment opportunity in this multi-family located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Sale includes 5 adjacent lots 5543, 5551, 5561, 5571, 5537 Moran. 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. Contact listing broker with any questions.
Courtesy: Charvez Miles - C Miles Realty LLCCharvez Miles
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With a county wide shortage in property, consider your options in the Delmar Lichtenberg sub! Centrally located blocks from the Chrysler Frwy and minutes from Downtown Detroit, Mexican Village, Cork Town, and the Eastern Market. This newer built colonial resides on a street of similar newer built well maintained homes and offers 3br 2.5 baths and 1800+ sq ft. The substantial master bedroom can fit any size furniture. 2 other sizeable bedrooms and a full bath finish off the 2nd floor. The open concept main level is perfect for entertaining with large living room and equally as large eat-in kitchen. Huge basement with high ceilings is an clean canvas waiting to be finished and or decorated. Around the back of the house you'll find a rare attached 2 car garage and private yard. Endless possibilities await if you have vision, passion, and a little love!
Courtesy: Natasha Richards - Bellabay Realty Tri CountiesNatasha Richards
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Opportunity!! 2 story multi-family home located in Detroit's Pole-town neighborhood near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Also included are adjacent lots 3386, 3392 & 3400 Palmer. The DLBA would like to see a thoughtful Land Based Project that incorporates the use of the home either as a residence or ancillary benefit to the land based project. 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.
Courtesy: Simon Cox - Empire Realty GroupSimon Cox
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Calling all investors! Here's a chance to pick up **3 properties** in an area that many people believe has a bright future! There are signs of new life on every block with various lots being used for community revival projects, houses undergoing rehabs and plenty of municipal improvements being done nearby. 3657 E Kirby is situated on a block that has a few proud homeowners who take good care of what's theirs. This house will require a full rehab; top to bottom! There are no back taxes or water bills due. Buyer to receive Quit Claims Deed at closing. Schedule through ShowingTime. Agent is owner. BATVAI. Sale to include the following two nearby properties: 3602 Medbury, parcel ID 13003644 (vacant corner lot) and 3326 E Palmer, parcel ID 13003450 (house with significant fire damage).
Courtesy: Leonard Pickett - RCH Brokerage Legacy IncLeonard Pickett
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Calling all investors! A completed restoration is needed. The Seller requires Proof of Funds to meet the estimated costs included with offer in order to purchase. Estimated rehab cost around $127,100. 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. BATVAI
Courtesy: Natasha Richards - Bellabay Realty Tri CountiesNatasha Richards
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Great development opportunity with adjacent vacant lots, includes the following: 1971, 1975, 1979 and 1983 E. Grand Blvd. The DLBA is looking for a thoughtful Land Based Project for this site. rehab the home and use the lots for a garden/farm or for someone to use the lots for a garden/farm & use the home as an accessory structure to the garden/farm such as a storage shed. All offers need to include a plot plan showing how the buyer intends to activate the site. Please refer to the attached Plot Plan Instructions & DLBA proposal guidelines attached to listing. 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 & lot combinations that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma & effect of any tax abatements on the purchase & development financing.
Courtesy: Leonard Pickett - RCH Brokerage Legacy IncLeonard Pickett
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This multi-family home is located close to the historic Packard Plant and just minutes away from Belle Isle.Looking for a buyer to rehab this multi-family home. The seller is the Detroit Land Bank Authority. 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 abatement and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture 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 .BATVAI
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