$39,000

3814 Montgomery Street, Detroit, MI 48206

  • 4 beds |
  • 2 baths |
  • 1,495 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $26/sqft
  • Property List Date Icon Listed 8 days ago

Property Description

Attention investors, check out this latest offering from the Detroit Land Bank Authority. Welcome to an incredible investment opportunity in the Petoskey-Otsego neighborhood with 3 bedrooms, 1 bathroom, and over 1,400 sq. ft. of living space. Property requires a full renovation, offering investors a chance to restore a classic Detroit home. Spacious layout with original character still intact. Please note that the DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. Located minutes from Downtown Detroit, this home sits on a spacious lot with strong neighborhood potential. Recent sales of renovated homes in the area suggest an ARV in the $215k+ range, depending on finishes and scope of work.

Listing Status:
Active
Data Last Updated:
May 30, 2026 at 4:41PM
Listing Office:
RE/MAX Leading Edge : 3132777777
Listing Agent:
Nazareth Sanchez : 3137286853
MLS ID:
20261037253
  • Basement: Unfinished
  • Heating: Forced airNatural gas
  • Style: Cape cod
  • Pool: None
  • Parking: No garage
  • Roofing: Asphalt
  • General: Aluminum sidingTwoBasementBrick mortar
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: Detroit
  • County: Wayne
  • Zoning: PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2029. N MONTGOMERY 262 W 17.5FT 263 HOLDEN & MURRAYS 2ND SUB L27 P77 PLATSW C R 14/161 52.5 X 107 2004 SPLIT SALE ACQUIRED 1/2 OF L OT 14002648W14I002647S
  • Utilities: Above ground utilitiesCable availableUnderground utilities
  • Water: Public
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Nazareth Sanchez , RE/MAX Leading Edge

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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