Great investment. DLBA-owned 3-bedroom, 1.5-bath residential property located in the Fitzgerald/Marygrove neighborhood. Sale is subject to approval by the Detroit Land Bank Authority (DLBA) and execution of a DLBA Renovation/Development Agreement. Purchaser must submit a complete proposal to DLBA, including intended use and renovation timeline, proof of funds, scope of work with cost breakdown, and documentation of prior renovation projects (addresses and photos).
The DLBA recommends reviewing all applicable Neighborhood Framework Plans through the City of Detroit Planning and Development Department for additional neighborhood context.
DLBA retains the right to tax recapture for five (5) years following transfer of ownership. This may be incompatible with certain tax abatements or lot combinations. Waiver requests will be reviewed on a case-by-case basis and may require payment in lieu of taxes, subject to review of development pro forma and financing.
The DLBA recommends reviewing all applicable Neighborhood Framework Plans through the City of Detroit Planning and Development Department for additional neighborhood context.
DLBA retains the right to tax recapture for five (5) years following transfer of ownership. This may be incompatible with certain tax abatements or lot combinations. Waiver requests will be reviewed on a case-by-case basis and may require payment in lieu of taxes, subject to review of development pro forma and financing.
Property Details
Price:
$10,000
MLS #:
20251060706
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
ADDISON HEIGHTS
Neighborhood:
05043detlivernoisi756gdriver
Listed Date:
Dec 24, 2025
Finished Sq Ft:
1,596
Year Built:
1927
See this Listing
Schools
School District:
Detroit
Interior
Bathrooms
2 Full Bathrooms
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Bungalow
Construction Materials
Vinyl Siding
Parking Features
NoGarage
Financial
Map
Community
- Address16566 Stoepel Street Detroit MI
- SubdivisionADDISON HEIGHTS
- CityDetroit
- CountyWayne
- Zip Code48221
Market Summary
Current real estate data for Single Family in Detroit as of Dec 27, 2025
3,318
Single Family Listed
120
Avg DOM
81
Avg $ / SqFt
$146,387
Avg List Price
Property Summary
- Located in the ADDISON HEIGHTS subdivision, 16566 Stoepel Street Detroit MI is a Single Family for sale in Detroit, MI, 48221. It is listed for $10,000 and features 3 beds, 2 baths, and has approximately 1,596 square feet of living space, and was originally constructed in 1927. The current price per square foot is $6. The average price per square foot for Single Family listings in Detroit is $81. The average listing price for Single Family in Detroit is $146,387. To schedule a showing of MLS#20251060706 at 16566 Stoepel Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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