$50,000

3978 16th Street, Detroit, MI 48208

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

This vacant lot is bundled with 3984,3990,3996,and 4002 16th. A total of 5 lots. Not sold separately. Totaling= 16,663 sqft. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land Bank Authority 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 abatement 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

Listing Status:
Active
Date Added:
March 4, 2026
Data Last Updated:
April 3, 2026 at 11:45PM
Listing Office:
RCH Brokerage Legacy Inc : 248-440-2268
Listing Agent:
Leonard Pickett : 313-510-7887
MLS ID:
60973730
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Detroit City School District
  • County: Wayne
  • Zoning: E 16TH 446 SUB OF P C 44 L68 P2-3 DEEDSW C R 10/31 30 X 106.85
  • Water: Public
  • Source: MiRealSource

This listing courtesy of Leonard Pickett , RCH Brokerage Legacy Inc

Monthly Payment

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

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Location

Schools Nearby

B

Burton International Academy

2001 Martin Luther King Jr Blvd, Detroit, MI, 48208

Grades KG-8

0.41 miles away

L

Legacy Academy

2750 Selden St, Detroit, MI, 48208

Grades 6-12

0.28 miles away

L

Legacy Academy

2750 Selden St, Detroit, MI, 48208

Grades 6-12

0.28 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.

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