12451 Racine ST Detroit MI 48205 | MLS #20261084022

12451 Racine ST
Detroit, MI, 48205
$10,000
3 Beds
2 Baths
1,750 SqFt
0.09 Acres
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MLS #20261084022 image #0
Calling all investors. This property is zoned R1 and is located in Detroit’s LaSalle College Park neighborhood. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. 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. BATVAI. See attached documents for DLBA requirements and offer submission information.

Property Details

Price:
$10,000
MLS #:
20261084022
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
SingleFamilyResidence
Subdivision:
GRATIOT HIGHLANDS SUB
Neighborhood:
area05054det8togratiothoustonto7
Listed Date:
Oct 15, 2026
Finished Sq Ft:
1,750
Year Built:
1925
Short SaleBungalowArea05054det8togratiothoustonto7Area05054det8togratiothoustonto7Gratiot Highlands SubDetroit

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
1750
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Heating
Forced Air, Natural Gas
Levels
One And One Half

Exterior

Architectural Style
Bungalow
Construction Materials
Wood Siding
Parking Features
NoGarage

Financial

Taxes
$1,787

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Single Family in Detroit as of Oct 17, 2026
3,920
Single Family Listed
126
Avg DOM
94
Avg $ / SqFt
$153,536
Avg List Price

Property Summary

    Located in the GRATIOT HIGHLANDS SUB subdivision, 12451 Racine ST Detroit MI is a Single Family for sale in Detroit, MI, 48205. It is listed for $10,000 and features 3 beds, 2 baths, and has approximately 1,750 square feet of living space, and was originally constructed in 1925. The current price per square foot is $6. The average price per square foot for Single Family listings in Detroit is $94. The average listing price for Single Family in Detroit is $153,536. To schedule a showing of MLS#20261084022 at 12451 Racine ST in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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12451 Racine ST
Detroit, MI