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$49,900
4 Beds 1 Baths 61050220072 MLS ACTIVE Status
Opportunity awaits with this 4-bedroom, 1-bath Detroit home offering plenty of potential for investors, renovators, or buyers ready to make it their own! Built in 1928, the home offers approximately 854 sq. ft. plus a 660 sq. ft. basement. The upper-level/attic area features two additional bedrooms, providing a surprisingly flexible layout. Nearly all windows were replaced approximately 4 months ago, with only two remaining. Outside, enjoy a nice covered front porch plus an accessibility ramp leading to the home. Situated on a 0.09-acre lot just one street from Optimist-Stout Playground and less than 5 minutes from I-96. The property needs TLC, cleanout and repairs, offering an opportunity to renovate and build equity. Bring your ideas and unlock the potential! Sold strictly as-is.

14007 Heyden St, Detroit

Courtesy of Five Star Real Estate 6165271500

$329,900
20261068796 MLS ACTIVE Status
Prime Commercial Opportunity on busy 8 Mile, West of Telegraph, approx. 0.27 Acres. Excellent opportunity to own a versatile commercial property located on the Detroit/Southfield border, it includes two separate buildings offering a combination of warehouse, office, and utility space. The approximately 2,300 sq. ft. warehouse features an overhead garage door and heating, making it well suited for a variety of business, storage, workshop, or light industrial uses. The separate approximately 700 sq. ft. brick office building is heated and air conditioned and includes a bathroom and media/utility room. The front entrance is equipped with a roll-up security door, providing an additional level of security for the office. The entire property is fenced, with an additional privacy fence and two separate gates providing access from two different sides of the street. This dual-access configuration provides added convenience for vehicles, deliveries, employees, customers, and business operations. The property is also comprised of two parcel addresses, offering additional flexibility and potential for future use. This is a unique opportunity for an owner-user, investor, contractor, service business, warehouse operation, or other commercial use requiring both warehouse and office space with excellent site security and multiple points of access.

24605 W 8 Mile Rd, Detroit

Courtesy of RE/MAX Team 2000 3135610900

$900,000
16 Baths 20261050178 MLS ACTIVE Status
Strong multifamily investment opportunity! This 16-unit apartment building offers immediate income with 12 units currently occupied, providing solid cash flow from day one. The remaining vacant units present clear upside for increased revenue through lease-up, rent optimization, and value-add improvements over time. Well-positioned on Lahser Road, the property offers convenient access to major freeways, public transportation, shopping, schools, and everyday amenities—helping support consistent tenant demand. This location makes it attractive for both long-term renters and investors focused on stable occupancy. Ideal for both seasoned and first-time multifamily investors, this asset provides multiple strategies to increase value, whether through improving operations, raising occupancy, or repositioning the property within the market. With strong in-place income and additional upside potential, this is a great opportunity to expand or strengthen your investment portfolio.

19131 Lahser Rd, Detroit

Courtesy of Match Realty 3134827432

$71,164
20261009675 MLS ACTIVE Status
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). 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 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. Please see attached documents for DLBA guidelines.

8647 Schaefer, Detroit

Courtesy of RCH Brokerage Legacy Inc 2484402268

$18,000
20250022815 MLS ACTIVE Status
This newest listing is offered by the Detroit Land Bank. This vacant residential lot offers the perfect blank canvas for you to bring your vision to life. Whether you're dreaming of building your custom home or making an investment in the future, this lot is your gateway to possibility. Ideally located just minutes from the vibrant energy of Downtown Detroit, you'll enjoy easy access to the city's entertainment, dining, and cultural scenes while still savoring the charm of the Islandview neighborhood. Don’t miss out on this opportunity to create something truly special! This lot is on 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 our 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. 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.

14630 Southfield Fwy, Detroit

Courtesy of Keller Williams Realty-Great Lakes 5865414000

$624,999
20240086652 MLS ACTIVE Status
In the Oak Grove District adjacent The Greater Sandhill area of Melvern Hills in Detroit on Historic Grand River Avenue on almost a half acre of land! Very unique investment opportunity includes an operating Inn, a PALACE house and partitioned 2bd room studio style Apartment for use...the new owner will be Triple Crowned with multiple income producing opportunities within a gated location. The River Rouge Inn and PALACE House has newer 3Dimensional style roof, some newer model windows a sizable backyard area and CCTV security camera/video monitoring. 12 fully operational Inn rooms a few recently redesigned. PALACE House has ceramic tiled flooring in Kitchen and Bathroom. Stainless steel appliances, stainless steel Apron Kitchen sink within granite countertops and matching center island in enough space for comfortable dining. PALACE House has partitioned rear 2 bedroom studio style apartment as staff living quarters can be used as additional rental unit. PALACE House has onsite laundry facility and more room units in lower area. Walking distance to US Post Office, The Redford Theatre, Citizens Bank, Miejer Supermarket and a NEW Community Financial Credit Union being built on Grand River Ave between Cooley and Northrop....this area is going through tons of development and growth. Close to public transportation, major highway and other points of interest. A straight drive Downtown, the River Rouge Inn and PALACE new owner will have more business opportunity and expansion for investment; AirBNB, assisted living home, veteran care facility, ect. Contact your agent today to schedule your tour. Shown with advance notice by appointment only to qualified buyers. Property sold "as is" with Warranty Deed transfer. $495 Office transaction fee buyer payable at closing.

22755 Grand River Ave, Detroit

Courtesy of Reach Realty Group 3137664000