Brick Condo Opportunity in the Islandview Neighborhood – Detroit Land Bank Owned
Fantastic opportunity to restore this Brick Condo in the Islandview 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 Brick Condo in the Islandview 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:
$80,000
MLS #:
20251039226
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
WAYNE COUNTY CONDO PLAN 905 ST PAUL PLACE
Neighborhood:
05053detwoodwardmcclellansomack
Listed Date:
Sep 26, 2025
Finished Sq Ft:
1,302
Year Built:
1910
See this Listing
Schools
School District:
Detroit
Interior
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Townhouse
Construction Materials
Brick
Parking Features
NoGarage
Financial
Taxes
$9,083
Map
Community
- Address7246 Saint Paul Street Detroit MI
- SubdivisionWAYNE COUNTY CONDO PLAN 905 ST PAUL PLACE
- CityDetroit
- CountyWayne
- Zip Code48214
Market Summary
Property Summary
- Located in the WAYNE COUNTY CONDO PLAN 905 ST PAUL PLACE subdivision, 7246 Saint Paul Street Detroit MI is a Condo for sale in Detroit, MI, 48214. It is listed for $80,000 and features 2 beds, 2 baths, and has approximately 1,302 square feet of living space, and was originally constructed in 1910. The current price per square foot is $61. The average price per square foot for Condo listings in Detroit is $254. The average listing price for Condo in Detroit is $353,294. To schedule a showing of MLS#20251039226 at 7246 Saint Paul Street in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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