Welcome to the latest offering from the Detroit Land Bank Authority. Brick Duplex, 2 bedrooms each unit. Perfect for investment. Needs TLC. The gem of this deal is the huge adjacent lot that accompanies the property perfect for development or whatever your creative juices will allow. 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. Please refer to DLBA proposal guidelines. A licensed agent needs to accompany all showings
Property Details
Property Features
Property Information:
Architectural Style: Dutch Colonial
Year Built: 1915
Stories: 2
Living Area: 751 SqFt
Listing Office:
Office Name: Real Estate One-Southfield
Office Phone: (248) 723-0055
Listing Agent: Gene Kelley II
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 2
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.37 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Other
Directions Information:
Directions: jefferson east to fairview go north
Price Information
Listing Price Info
Price Summary:
List Price: $5,700
Price Per SqFt: $8/SqFt
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Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $76.9K less than the Median Sold Price and $64/SqFt less than other homes in Detroit, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #2210071847
Listing Office:
Office Name: Real Estate One-Southfield
Office Phone: (248) 723-0055
Listing Agent: Gene Kelley II
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
6
/10
George Defer Elementary School
15425 Kercheval Ave
Distance between this listing and this school2.23 miles
Public District Grades KG-5
7
/10
The James and Grace Lee Boggs School
4141 Mitchell St
Distance between this listing and this school2.90 miles
Public Charter Grades KG-4
1
/10
Detroit Academy of Arts and Sciences
2985 E Jefferson Ave
Distance between this listing and this school2.99 miles
Public Charter Grades KG-5
Nearby Schools
5
/10
Detroit Enterprise Academy
11224 Kercheval St
Distance between this listing and this school0.36 miles
Public Charter Grades KG-8
3
/10
Timbuktu Academy of Science and Technology
10800 E Canfield St
Distance between this listing and this school0.72 miles
Public Charter Grades KG-8
3
/10
Detroit Merit Charter Academy
1091 Alter Rd
Distance between this listing and this school1.92 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Southeastern High School
3030 Fairview St
Distance between this listing and this school0.21 miles
Public Magnet Grades 9-12
1
/10
Covenant House Academy Detroit - East Site
7600 Goethe St
Distance between this listing and this school1.61 miles
Public Charter Grades 9-12
3
/10
University Preparatory Science and Math (PSAD) High School
2664 Franklin St
Distance between this listing and this school3.23 miles
The neighbors living near this home have an average income of $15,929. Most Detroit, MI residents have annual incomes less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
This home is located at 2623 Fairview St in Detroit, MI and zip code 48214 in the Foch neighborhood. This 751 square foot home, which was built in 1915, sits on a 0.37 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since August 30, 2021 and is currently priced at $5,700.
Over 116 listings were sold over their listed price in May 2024 in Detroit, MI. In the same period over 246 listings were sold below the listed price and 71 listings were sold for the listed price. The inventory of homes for sale in Detroit, MI between April 2024 and May 2024 increased by 9.9%. The median list price of listings available in May 2024 was $82,639, while the average time on the real estate market was 49 days.
From Rocket Homes Real Estate and based on county public records data.