Zip codes 48206 homes for sale starting at Fifty Thousand Dollars

$89,800 - Detroit, MI

3240 Lawrence Street Detroit, MI - SELLER FINANCING / LAND CONTRACT TERMS AVAILABLE AT 100,000.00 purchase price, 18,000.00 down payment, 8% interest, 120 Month Term. 995.00/month. Seller financing / Land contract terms are negotiable. Offering an impressive 2,434 sqft this unique colonial located on beautiful Lawrence street is the perfect canvas to bring your vision to life! Purchaser to pay 395 processing fee. As-is sale.

$85,000 - Detroit, MI

3299 Montgomery Street Detroit, MI - MUST SEE DON'T MISS OUT... You will love the spacious layout of this brick colonial with the size to fit a large family or a future homeowner looking for space. The three bedrooms are well-sized, and the flow from room to room is seamless. This home also features a great kitchen with a kitchen nook area and dining room. The home has nice hardwood floors and a backyard to kill for, including a step-out balcony, and a fourth room on a third level with skylights. Home Warranty is being offered. Motivated Seller will consider all offers. BATVAI

$69,995 - Detroit, MI

3357 Columbus Street Detroit, MI - Calling all Fix and Flippers, House Hackers, Air BnB Host and Rehabbers. We have a great Investor special with loads of opportunity... 3 bedroom Duplex in a up and coming area. Roughly a mile from Henry Ford Hospital, Motown Museum and the New Center area. There's a ton of Commerical, as well as, residential construction buzzing all around this area. One half of the duplex has been gutted down to the studs and the other half has been cleaned out. Although this project needs a full gut renovation, the bones of the structure is solid and the property values are climbing. The Sellers torn down the old un-safe porches on each side and had new porches built. Now you can take it from there. Don't miss out on this one!

$60,000 - Detroit, MI

3726 Edison Street Detroit, MI - Get in on the action with a new infill build opportunity. 6 lots included in the sale, 3742, 3726, 3734, 3750, 3756, 3764 Edison. 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.

$60,000 - Detroit, MI

3743 Edison Street Detroit, MI - Get in on the action with a new infill build opportunity. 6 lots included in the sale, 3743, 3751, 3761, 3767, 3775, 3785 Edison. 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.

$59,900 - Detroit, MI

2050 Atkinson Street Detroit, MI - Bring your hard hat and bring this 4 bedroom historic gem back to life! The property is located in the local Atkinson Avenue Historic District, and the purchaser will need to obtain approval from the Detroit Historic District Commission for changes affecting the exterior appearance of the property. Purchasers will need to obtain Detroit Historic District Commission approval for all major exterior improvements. 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.

$57,706 - Detroit, MI

2736 Rochester Street Detroit, MI - Welcome to the latest offering from the Detroit Land Bank Authority. 4 buildable lots just waiting for your development ideas. Approximately 28,852 total square feet to design and create. Sale includes 2700, 2704 and 2716 Rochester. There are 5 additional lots listed for sale on the opposite side of the street as well. See mls for details. 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

$55,666 - Detroit, MI

2691 Rochester Street Detroit, MI - Welcome to the latest offering from the Detroit land Bank Authority. 5 buildable lots waiting for your development ideas. Dexter/linwood area, right on the edge of Boston Edison will make a very vibrant and useful project for the up and coming developer. Area boasts over 27,782 sqft. of buildable land. Sale includes 2735, 2715, 2703,2697 Rochester as well. In addition there are additional lots for sale on the opposite side of the street also listed with the Detroit land bank authority. 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.

$54,900 - Detroit, MI

3758 Virginia Park Street Detroit, MI - Two unit 5/5 dwelling near Dexter Avenue. Partially updated and occupied by family members. 24 hour notice is required. SUBJECT TO PROBATE COURT APPROVAL.

$51,950 - Detroit, MI

3265 W Boston Boulevard Detroit, MI - This is a land-based site. Bundled with 3289 and 3295 W Boston totaling=25,975 sqft. Not sold separately. Property zoned R6. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult DLBA proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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. BATVI

Zip codes 48206 listings for sale

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