Zip codes 48202 homes for sale starting at Fifty Thousand Dollars

$139,000 - Detroit, MI

408 Horton Street Detroit, MI - Offering a unique investment opportunity in prime North End Detroit with this 3-story Victorian home. Bring your contractor and vision! The layouts can be reconfigured accordingly as a single-family or multi family home, as it is mostly down to the studs. The property had a new roof and some new windows added in 2019. Work completed in 2022 includes partially rebuilding the right side basement wall, adding a new full basement 22’x52’ concrete slab and new concrete sidewalk on 3 sides at a cost of $30K. Listing room measurements are estimates only. Property is being sold as-is. Fantastic location around the corner from the Michigan Urban Farming Initiative, within walking distance of great shops, restaurants and the Q Line, close to New Center Commons, the Fisher building and downtown Detroit!

$130,000 - Detroit, MI

571 E Edsel Ford Freeway Detroit, MI - New Build Opportunity! 9 lots included in the sale include 571 E. Edsel Ford Fwy, 587 Edsel. Ford Fwy, 581 E. Ford Fwy, 5923 St. Antoine, 590 Harper, 580 Harper, 574 Harper, 566 Harper, 556 Harper. 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

$125,000 - Detroit, MI

439 Horton Street Detroit, MI - Located in a rapidly growing area, this 0.09-acre property presents an excellent opportunity for buyers looking to bring their vision to life. With the neighborhood undergoing revitalization, property values are on the rise, and the community continues to expand. Conveniently situated near schools, parks, and transportation hubs, this lot is ideal for creating a dynamic living space. Investing in this vacant land offers the chance to be part of Detroit’s transformation while securing a promising asset with significant long-term potential! ** Please note the lot next door, 443 Horton Parcel# 01002045, to be included with the sale.**

$105,000 - Detroit, MI

556 Leicester Court Detroit, MI - Finished remodeling in 2023 - Extensive renovation down to the studs for this four- bedroom home!

$100,000 - Detroit, MI

714 Blaine Street Detroit, MI - Gorgeous masonry multi-family building in desirable Piety Hill neighborhood. New kitchen, bathroom, electrical, plumbing installed in one unit already. Three additional units are gutted and ready for your floor plans. Approved permit drawings are available, to achieve four 2-bedroom units.

$99,999 - Detroit, MI

503 E Edsel Ford Freeway Detroit, MI - Unmatched value in the heart of Detroit’s redevelopment zone! This vacant lot at 503 E Edsel Ford offers an incredible chance to invest in Milwaukee Junction, one of the city’s most strategically located and fastest-growing neighborhoods—at a price that’s hard to beat. The iconic Fisher Body Plant, promising to bring retail, residential, and entertainment to the area. Just minutes from Midtown, Downtown, and New Center, the property is surrounded by some of the city’s best amenities—Wayne State University, the Detroit Institute of Arts, the QLINE rail, Henry Ford Hospital, and the Motown Museum are all nearby. The area is buzzing with popular dining spots like The Congregation, Supino Pizzeria, and Oak & Reel, plus creative hubs, art studios, and tech companies fueling the city's renaissance. Easy access to I-94, I-75, and Woodward Avenue makes this a commuter-friendly location with high visibility and traffic. Perfect for investors, builders, or developers looking for residential, commercial, or mixed-use potential in a prime urban corridor. Take part in shaping the future of Detroit—opportunities like this are rare and rapidly disappearing!

$85,000 - Detroit, MI

35 Edison Street Detroit, MI - Welcome to the latest offering from the Detroit Land Bank Authority. Calling all developers! Over 28,000 square feet of vacant land in the heart of historic "Boston Edison" District. Huge 144 x 200 sqft. space zoned residential, just a stone's throw from New center and mere minutes from downtown. 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 and/or 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. Please refer to DLBA proposal guidelines

$82,000 - Detroit, MI

130 Gladstone Street Detroit, MI - 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.

$67,500 - Detroit, MI

402 E Euclid Street Detroit, MI - Great property for infill building located in Detroit's North End neighborhood. This property is bundled with 410, 416, 420, 426 E Euclid. A total of 5 lots. Totaling 18,390 sqft. Not sold separately. Buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF OR Pre- App letter on a new construction loan. BATVIA. 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.

$58,000 - Detroit, MI

650 Gladstone Street Detroit, MI - Great property for infill building located in Detroit’s Piety Hill neighborhood.This property is within walking distance to the Q-Line and New Center Area. Buyer must submit a proposal to purchase, including construction plans or precedent agriculture images of proposed development & financing plan w/ POF OR Pre- App letter on a new construction loan. BATVIA. 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.

Zip codes 48202 listings for sale

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