4 Bed Brick Bungalow in the Opportunity in Fitzgerald/Marygrove Neighborhood – Detroit Land Bank Owned
Fantastic opportunity to restore this 4 Bed Brick Bungalow property in the Fitzgerald/Marygrove neighborhood of Detroit.
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.
Fantastic opportunity to restore this 4 Bed Brick Bungalow property in the Fitzgerald/Marygrove neighborhood of Detroit.
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.
Property Details
Price:
$59,000
MLS #:
20251038952
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
PURITAN HEIGHTS SUB
Neighborhood:
05042det6tiregrnfldlivernois
Listed Date:
Sep 26, 2025
Finished Sq Ft:
2,154
Year Built:
1928
See this Listing
Schools
School District:
Detroit
Interior
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Bungalow
Construction Materials
Brick
Parking Features
TwoCarGarage, Detached
Financial
Taxes
$440
Map
Community
- Address16503 Ohio Street Detroit MI
- SubdivisionPURITAN HEIGHTS SUB
- CityDetroit
- CountyWayne
- Zip Code48221
Market Summary
Current real estate data for Single Family in Detroit as of Oct 19, 2025
3,448
Single Family Listed
110
Avg DOM
83
Avg $ / SqFt
$150,631
Avg List Price
Property Summary
- Located in the PURITAN HEIGHTS SUB subdivision, 16503 Ohio Street Detroit MI is a Single Family for sale in Detroit, MI, 48221. It is listed for $59,000 and features 4 beds, 2 baths, and has approximately 2,154 square feet of living space, and was originally constructed in 1928. The current price per square foot is $27. The average price per square foot for Single Family listings in Detroit is $83. The average listing price for Single Family in Detroit is $150,631. To schedule a showing of MLS#20251038952 at 16503 Ohio Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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