Great opportunity for experienced investors. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan with Proof Of Funds or Pre- Approval letter, or a new construction loan. 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 & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.
Property Details
Price:
$12,500
MLS #:
20251003386
Status:
Active
Beds:
4
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
SCHMIDTS TRAUGOTT SUB OF LTS 71 & 72
Neighborhood:
05052det6macki75conner
Listed Date:
May 29, 2025
Finished Sq Ft:
2,204
Year Built:
1918
See this Listing
Schools
School District:
Detroit
Interior
Bathrooms
2 Full Bathrooms
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Colonial, HalfDuplexwithLand
Construction Materials
Aluminum Siding, Brick
Parking Features
NoGarage
Financial
Map
Community
- Address5120 McDougall Street Detroit MI
- SubdivisionSCHMIDTS TRAUGOTT SUB OF LTS 71 & 72
- CityDetroit
- CountyWayne
- Zip Code48211
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 SCHMIDTS TRAUGOTT SUB OF LTS 71 & 72 subdivision, 5120 McDougall Street Detroit MI is a Single Family for sale in Detroit, MI, 48211. It is listed for $12,500 and features 4 beds, 2 baths, and has approximately 2,204 square feet of living space, and was originally constructed in 1918. The current price per square foot is $6. 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#20251003386 at 5120 McDougall Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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