$25,000

5161 Vermont Street, Detroit, MI 48208

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Three contiguous residential lots in Detroit's highly desirable Woodbridge neighborhood are being offered as a bundled package: 5175 Vermont, 5169 Vermont, and 5161 Vermont. These parcels must be purchased together and cannot be split, making them an excellent opportunity for a new-build infill development in one of the city's fastest-growing areas. Zoned residential, the lots provide strong potential for creative redevelopment and long-term value. Interested buyers are required to submit a complete proposal package that includes a project proposal outlining intended use and timeline, proof of funds such as a bank statement or lender letter, a detailed scope of work with projected development costs, and proof of previous projects including addresses and photos. The sale is contingent on execution of a DLBA Renovation/Development Agreement. Please note, the Detroit Land Bank Authority is entitled to a five-year tax recapture following transfer of ownership, which may limit eligibility for certain abatements or lot combinations. Waiver requests will be reviewed 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. BATVAI. IDRBNG.

Listing Status:
Active
Date Added:
April 14, 2026
Data Last Updated:
July 6, 2026 at 12:45PM
Listing Office:
Keller Williams Realty-Great Lakes : 586-541-4000
Listing Agent:
Erick Monzo : 586-808-6436
MLS ID:
60983852
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Detroit City School District
  • County: Wayne
  • Zoning: W VERMONT S 12 FT OF E 70 FT 42 N 18 FT OF E 70 FT 41 BLK 10 SUB OF BLKS 7891011 & 12 O L 2 LAFFERTY FARM L1 P281 PLATSW C R 8/104 30 X 70
  • Water: Public Water at Street
  • Sewer: Public At Street
  • Source: MiRealSource

This listing courtesy of Erick Monzo , Keller Williams Realty-Great Lakes

Monthly Payment

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

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Location

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