Welcome to the latest offering from the Detroit Land Bank authority. Single buildable residential lot located in the Medbury subdivision. Bring your tools and your development ideas. 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
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 Details
Price:
$3,299
MLS #:
20230084441
Status:
Active
Beds:
0
Baths:
0
Address:
416 HARPER AVE
Type:
Land
Subtype:
Unimproved Land
Subdivision:
BRUSH SUB BETW FARNSWORTH & HARPER PLATS
Neighborhood:
05043 – Det: Livernois-I75 6-Gd River
City:
Detroit
Listed Date:
Oct 5, 2023
State:
MI
ZIP:
48202
Lot Size:
871 sqft / 0.02 acres (approx)
See this Listing
I’m a first-generation American with Italian roots. My journey combines family, real estate, and the American dream. Raised in a loving home, I embraced my Italian heritage and studied in Italy before returning to the US. As a mother of four, married for 30 years, my joy is family time. Real estate runs in my blood, inspired by my parents’ success in the industry. I earned my real estate license at 18, learned from a mentor at Century 21, and continued to grow at Remax. In 2022, I became the…
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Schools
School District:
Detroit
Interior
Exterior
Financial
Map
Community
- Address416 HARPER AVE Detroit MI
- SubdivisionBRUSH SUB BETW FARNSWORTH & HARPER (PLATS)
- CityDetroit
- CountyWayne
- Zip Code48202
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416 HARPER AVE
Detroit, MI
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