Welcome to the latest offering from the Detroit Land Bank Authority. This 2 bedroom ranch sits on an irregular lot. Located in the up and coming Cornerstone Village subdivision. This home requires a full rehab so bring your plans and your design ideas.
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:
$8,500
MLS #:
20261002361
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
HARRIS MARY L 1
Neighborhood:
05055detconmorsgrathstn7mack
Listed Date:
Jan 16, 2026
Finished Sq Ft:
729
Year Built:
1925
See this Listing
Schools
School District:
Detroit
Interior
Bathrooms
1 Full Bathroom
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Ranch
Construction Materials
Asbestos
Parking Features
NoGarage
Financial
Map
Community
- Address4880 Lodewyck Street Detroit MI
- SubdivisionHARRIS MARY L 1
- CityDetroit
- CountyWayne
- Zip Code48224
Market Summary
Current real estate data for Single Family in Detroit as of Jan 20, 2026
3,068
Single Family Listed
122
Avg DOM
82
Avg $ / SqFt
$148,168
Avg List Price
Property Summary
- Located in the HARRIS MARY L 1 subdivision, 4880 Lodewyck Street Detroit MI is a Single Family for sale in Detroit, MI, 48224. It is listed for $8,500 and features 2 beds, 1 baths, and has approximately 729 square feet of living space, and was originally constructed in 1925. The current price per square foot is $12. The average price per square foot for Single Family listings in Detroit is $82. The average listing price for Single Family in Detroit is $148,168. To schedule a showing of MLS#20261002361 at 4880 Lodewyck Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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