Invest in the future of Detroit with this promising 3-bedroom, 1-bathroom bungalow located in the Fitzgerald/Marygrove neighborhood, one of the city’s most active revitalization zones. Whether you’re a seasoned investor, a first-time homebuyer with vision, or a nonprofit developer, this property offers a unique opportunity to participate in Detroit’s ongoing comeback and secure a home with strong potential for appreciation.
Property Features
3 bedrooms – spacious rooms ideal for family living, rental income, or creative conversion
1 full bathroom – functional layout ready for renovation
Classic bungalow layout – flexible floor plan with plenty of space to customize, modernize, or restore
Located near local parks, schools, and the University of Detroit Mercy, providing community amenities and convenience
Close proximity to ongoing Fitzgerald Revitalization Project efforts, offering access to one of Detroit’s most dynamic and improving neighborhoods
Why This Property is a Smart Investment
High potential for value growth as neighborhood redevelopment continues
Part of a tight-knit, active community with support from city and local partners
Perfect for rental portfolio expansion, resale after renovation, or a first-time homeownership project
Opportunity to be part of Detroit’s revitalization story, contributing to the neighborhood while building equity
Detroit Land Bank Authority (DLBA) Sale Terms
Sold As-Is: The property is being offered in its current condition, so buyers should plan for renovation or repair costs
Tax Capture Notice: The DLBA retains the right to a tax capture for five tax years following ownership transfer, which may affect potential tax abatements
In certain cases, the DLBA may consider waiving the tax capture, possibly through a payment in lieu of taxes (PILOT), making it more flexible for buyers
Your Next Steps
This property is ready for visionary buyers, creative contractors, and dedicated investors who want to make an impact in Detroit. Bring your renovation plans, your commitment, and your contractor to take advantage of this affordable entry into a growing neighborhood.
With careful planning and improvements, this bungalow has the potential to become a modern, updated home or profitable rental property, all while being part of a revitalizing Detroit community.
If you’re ready to explore this Detroit Land Bank opportunity or submit your offer, contact the listing agent today through the Zillow link provided below the photos. Don’t miss the chance to be part of Detroit’s exciting transformation!
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