5964 WABASH Street, Detroit City, MI 48208
CANDLERS SUB (PLATS) · Wayne County
Key Facts
Description
Great residential infill opportunity that includes two parcels; 5964 & 5976 Wabash, located close to Downtown, Motown Museum, Henry Ford Hospital, Corktown, Midtown, Wayne State University, and future major developing areas. The total price for all lots are $28,000. 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.
Property Information
Property Type
Land
Sub-Type
Unimproved Land
Lot Size
0.18 acres
Lot Dimensions
60 x 133
Days on Market
351
MLS® Listing#
20250023902
Property Features
Cooling
Heating
Sewer
Water Source
Financial Details
HOA
None
Parcel Number
08008930.
Directions
W. of Rosa Parks, N. of I-94
Affordability Calculator
$5,600
Estimated monthly payment
$149/mo
Principal $22,400 · Est. interest $31,250 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Detroit City, MI
- $230,105
- Median Listing Price
- 61
- Median Days on Market
- 1,484
- Median Sq Ft
- $133
- Median Price / Sq Ft
- 13,620
- Active Listings
- This home’s price is 88% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Detroit City, MI.
Location
Points of Interest in Detroit City, MI
Showing the Detroit City area map.
Nearby Schools
McMichael Middle School
School · 0.3 mi away
George Crockett Academy
School · 0.7 mi away
Frederick Douglass Academy for Young Men
School · 0.7 mi away
Murray Wright High School
Secondary · 0.7 mi away
Northwestern High School
Secondary · 0.7 mi away
Thirkell Elementary-Middle School
Elementary · 0.7 mi away
University Preparatory Academy Psad High School
School · 0.9 mi away
Upa High School
Secondary · 0.9 mi away
University Preparatory Academy Elementary-Mark Murray Campus
School · 1.0 mi away
Henry Ford Academy: School for Creative Studies
Elementary · 1.0 mi away
University Prep Schools
School · 1.0 mi away
Detroit School for the Deaf
Secondary · 1.0 mi away
Edmonson Elementary School
Elementary · 1.0 mi away
Gee Edmonson Academy
School · 1.0 mi away
Childtime Learning Center
School · 1.1 mi away
Detroit Public Schools Community District
School · 1.1 mi away
Jamieson Elementary School
Elementary · 1.1 mi away
Hutchins Middle School
School · 1.2 mi away
Catherine Ferguson Academy
School · 1.2 mi away
Jefferson Intermediate School
School · 1.3 mi away
Commute Calculator
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| 2521 Sanford Street, Muskegon Heights City, MI | $19,900 | — | — | 480 |
Moving Cost Estimate
EXIT Agents in Detroit City
Listing Courtesy: Bellabay Realty Tri Counties - 2482746614
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