$60,000

567 Smith Street, Detroit, MI 48202

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Opportunity to own 11 VL parcels in Detroit's North End! This property is listed in a bundle with the following 11 contiguous parcels: 525 Smith, 531 Smith, 537 Smith, 543 Smith, 549 Smith, 555 Smith, 561 Smith, 567 Smith, 573 Smith, 579 Smith, 585 Smith, and must be sold together. These must be purchased together and cannot be split. Zoned residential, the property offers excellent potential for a new-build/infill development opportunity. How to Apply: Interestedbuyers must submit aproposal that includes: 1. Project Proposal (intended use of structure + timeline) 2.Proof of Funds (bankstatement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects (include addresses and photos). The DLBA is seeking proposals for small- to medium-scale infill development to increase housing supply, restore the urban fabric, and improve density and walkability. Interested buyers should consult the 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 DLBA is entitled to 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. The payment will be determined upon reviewing the development pro forma and the effect of any tax abatement on the purchase and development financing.

Listing Status:
Active
Date Added:
January 7, 2026
Data Last Updated:
February 15, 2026 at 3:45AM
Listing Office:
Keller Williams Realty-Great Lakes : 586-541-4000
Listing Agent:
Erick Monzo : 586-808-6436
MLS ID:
60962253
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • School District: Detroit City School District
  • County: Wayne
  • Zoning: N SMITH 68 & VAC CLAY AVE WM Y HAMLIN & S J BROWNS L8 P72 PLATSW C R 3/91 30 X 140.25A
  • 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

Schools Nearby

D

Detroit International Academy for Young Women

9026 Woodward Ave, Detroit, MI, 48202

Grades PK-12

0.78 miles away

D

Detroit International Academy for Young Women

9026 Woodward Ave, Detroit, MI, 48202

Grades PK-12

0.78 miles away

D

Detroit International Academy for Young Women

9026 Woodward Ave, Detroit, MI, 48202

Grades PK-12

0.78 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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