$19,900

3345 E Ferry Street, Detroit, MI 48211

3 beds |
1 bath |
1,363 sqft

Single-Family Home
Built in 1913
5,227sqft lot
—— car garage
$15/sqft
Listed 1 month ago

Property Description

Redevelopment opportunity in Poletown East/Farnsworth neighborhood. The existing structure will require rehabilitation, making this site well-suited for investors, builders, or end users looking to create a project aligned with neighborhood revitalization efforts. The property is positioned with convenient access to Midtown, the Detroit Medical Center, Eastern Market, GM, and surrounding east-side neighborhoods. The surrounding micro-neighborhood reflects continued reinvestment, including new development, renovations, and urban agriculture initiatives, offering strong potential for future growth in accordance with Detroit Land Bank Authority program requirements. Room measurements are estimated and should be verified. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and proof of previous development experience. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a settlement in lieu of taxes, determined after DLBA review of the development pro forma and financing.

Listing Status:: Active
Data Last Updated:: February 15, 2026 at 5:43AM
Listing Office:: Next Level Realty & Investments : 7345060076
Listing Agent:: Catina Willis : 7345060076
MLS ID:: 20251060612

Basement: Unfinished
Heating: Forced airNatural gas

General: Lighting
Style: Victorian
Pool: None
Parking: No garage

General: Wood sidingOneandOneHalfBasementBlock

Road/Access: Paved
Originating MLS: Realcomp II Ltd
School District: Detroit
County: Wayne

Zoning: N FERRY 82 CHARLES F LOHRMANS L16 P31 PLATSW C R 13/151 30 X 171.53W13I003334S

Water: Public
Sewer: Public sewer

Source: Realcomp II Ltd

This listing courtesy of Catina Willis , Next Level Realty & Investments

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Golightly Education Center

5536 Saint Antoine St, Detroit, MI, 48202

Grades PK-8

1.32 miles away

Golightly Education Center

5536 Saint Antoine St, Detroit, MI, 48202

Grades PK-8

1.32 miles away

Benjamin Carson High School of Science and Medicine

571 Mack Ave, Detroit, MI, 48201

Grades 9-12

1.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.