4-Unit Investment Opportunity in Dexter-Linwood Neighborhood – Detroit Land Bank Owned
Fantastic opportunity to restore this four-unit property in the Dexter-Linwood neighborhood of Detroit. Each unit features two bedrooms and one bath, making it ideal for a redevelopment project with strong rental potential. The parcels are government-owned and included in the Detroit Land Bank Authority (DLBA) program. 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. 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. BATVAI. IDRBNG.
Fantastic opportunity to restore this four-unit property in the Dexter-Linwood neighborhood of Detroit. Each unit features two bedrooms and one bath, making it ideal for a redevelopment project with strong rental potential. The parcels are government-owned and included in the Detroit Land Bank Authority (DLBA) program. 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. 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. BATVAI. IDRBNG.
Property Details
Price:
$19,900
MLS #:
20251038948
Status:
Active
Beds:
0
Baths:
4
Type:
Single Family
Subtype:
Multi Family
Subdivision:
BUNGALO GROVE SUB
Neighborhood:
05043detlivernoisi756gdriver
Listed Date:
Sep 26, 2025
Finished Sq Ft:
3,696
Year Built:
1924
See this Listing
Schools
School District:
Detroit
Interior
Bathrooms
4 Full Bathrooms
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Quadruplex
Construction Materials
Brick
Financial
Map
Community
- Address2626 Tyler Street Detroit MI
- SubdivisionBUNGALO GROVE SUB
- CityDetroit
- CountyWayne
- Zip Code48238
Market Summary
Current real estate data for Single Family in Detroit as of Oct 19, 2025
3,449
Single Family Listed
110
Avg DOM
83
Avg $ / SqFt
$150,581
Avg List Price
Property Summary
- Located in the BUNGALO GROVE SUB subdivision, 2626 Tyler Street Detroit MI is a Single Family for sale in Detroit, MI, 48238. It is listed for $19,900 and features 0 beds, 4 baths, and has approximately 3,696 square feet of living space, and was originally constructed in 1924. The current price per square foot is $5. The average price per square foot for Single Family listings in Detroit is $83. The average listing price for Single Family in Detroit is $150,581. To schedule a showing of MLS#20251038948 at 2626 Tyler Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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