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Detroit, MI, 48204 • Russell Woods • Wayne County
$24/sqft
Down payment assistance available
4Beds
1Baths
2,324Sqft
0.09 acLot
1924Built
Duplex Style
Built 1924 · 102 years of history
RUSSELL WOODS
Russell Woods
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Listed 193 days ago · 276 views · 11 saves
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276 views
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193 days on market
Established listing
$24/sqft
Price per square foot
Multi Family · Built 1924 · Historic
This brick duplex offers over 2,300 square feet of living space with two spacious 2-bedroom, 1-bath units. The property is vacant and ready for renovation. Located near Broadstreet Ave and Cortland St, with easy access to Davison, Livernois, and Grand River, this property sits in the sought-after Russell Woods neighborhood known for its classic architecture and strong community presence. Zoned for residential use, this property offers strong potential for redevelopment or a new residential project. The parcels are government-owned and included in the Detroit Land Bank Authority (DLBA) program. The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.
Based on current rates
Est. 6.75% rate · 30yr fixed · $44,000 loan
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3 categories of property features
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2 schools rated nearby
Detroit, MI, 48204
12 events
18 years of records
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Detroit, MI • Wayne County
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