For Sale720d on market
1157 Edison St
Detroit, MI, 48202 • Boston Edison • Wayne County
$40,000
2Baths
0.12 acLot
Property DNA
BOSTON BLVD (PLATS)
Boston Edison
Market activity
Demand and pricing signals for this listing
33 views
People checking out this listing
2 saves
Buyers have saved this home
720 days on market
Established listing
About this home
Lot
Great investment opportunity located in the Boston/Edison district and close to Henry Ford Hospital, Wayne State Univ., Midtown, & Minutes from Downtown. Lot is 40x133.50 and ready for your dream home! 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 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.
Estimated monthly payment
Based on current rates
$261/month
Principal & Interest$208
Property Tax$40
Insurance$13
Down payment20% ($8,000)
3%50%
Est. 6.75% rate · 30yr fixed · $32,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeLand
Systems
Water / SewerPublic / Public Sewer
Parking & Outdoor
Lot5,227 sqft
Location & Tax
NeighborhoodBoston Edison
Annual tax$2,429
Parcel06002387
Listing insights
Market data and value estimates
StatusFor Sale
Days on market720
Est. rent$1,229/mo
Tax rate1.83%
On marketApr 17, 2024
PostedApr 17, 2024
Last sold$10,000
MLS updatedSep 22, 2025
Tour days6
Views33
Favorites2
How are the schools in Detroit?
2 schools rated nearby
Location
Detroit, MI, 48202
Price history
4 events
DateEventPrice$/sqftSource
Dec 23, 2024Listed For Sale$40,000—Realcomp II
Jul 23, 2024Listing Removed——MichRIC
Mar 25, 2024Listed For Sale$40,000—MichRIC
Nov 17, 1994Sold$10,000—Public Record
Listed For Sale$40,000
Dec 23, 2024•Realcomp II
Listing Removed—
Jul 23, 2024•MichRIC
Listed For Sale$40,000
Mar 25, 2024•MichRIC
Sold$10,000
Nov 17, 1994•Public Record
Tax history
19 years of records
YearTax paidAssessed value
Apr 7, 2025——
Apr 7, 2024——
Apr 7, 2023——
Apr 7, 2022——
Apr 7, 2021——
Apr 7, 2020——
Apr 7, 2019——
Apr 7, 2018——
Apr 7, 2017——
Apr 7, 2016$2,429—
Apr 7, 2015$2,429—
Apr 7, 2010$2,429$33,548
Apr 7, 2009—$40,912
Apr 7, 2008—$47,572
Apr 7, 2007—$47,572
Apr 7, 2005$176$45,092
Apr 7, 2004—$43,779
Apr 7, 2001$1,094$13,141
Apr 7, 2000$994$12,734
Nearby homes
Neighborhood details
Local context around this listing
Detroit, MI • Wayne County
Nearby neighborhoods
BagleyBarton-McFarlandBrightmoorClaytownFranklin ParkHerman GardensMorningsideSouthwest DetroitSpringwellsWarrendale
Nearby cities
CantonDearbornDearborn HeightsDetroitLincoln ParkLivoniaNorthvilleRedford
Nearby zip codes
48205482124821948221482244822748228482344823548239
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