Invest in Detroit’s ongoing revitalization with this promising bungalow-style home located in the Fitzgerald/Marygrove neighborhood, one of the city’s most active and vibrant redevelopment areas. Whether you’re an investor looking to expand your portfolio, a first-time buyer with vision, or a developer interested in Detroit’s comeback, this property offers significant potential for growth, rental income, or resale.
Property Features
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3 bedrooms offering flexibility for family living or rental use
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1 full bathroom with opportunity for modernization
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Classic bungalow layout providing ample space to renovate, update, and customize
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1,100+ sq. ft. of living area with traditional charm and potential
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Close to local parks, schools, and the University of Detroit Mercy
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Within walking distance to community amenities and the Fitzgerald Revitalization Project, which is actively improving neighborhood infrastructure, parks, and public spaces
Why This Property is a Smart Investment
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High upside potential: As neighborhood revitalization continues, property values are expected to increase
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Active community investment: Local and city partners are improving streets, parks, and community resources
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Rental and resale opportunities: Ideal for building a rental portfolio, renovating for resale, or creating a home in a desirable location
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Close-knit neighborhood: Fitzgerald/Marygrove is known for its engaged community and strong local connections
Detroit Land Bank Authority (DLBA) Sale Terms
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Sold As-Is: The property is offered in its current condition; buyers must inspect and assess repair needs
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Tax Capture Notice: The DLBA retains the right to a tax capture for five years following transfer of ownership, which may affect certain tax abatements
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PILOT Options: Buyers may request a waiver of the tax capture, potentially through a Payment in Lieu of Taxes (PILOT) agreement
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Offers require proof of financing or funds for renovation
Opportunity for Visionary Buyers
This home is perfect for buyers ready to bring vision, creativity, and commitment to a Detroit neighborhood on the rise. With renovations and updates, it can be transformed into a modern, comfortable home or a high-performing rental property. The Fitzgerald/Marygrove area continues to benefit from city investment, community engagement, and strategic redevelopment, making now the ideal time to get involved.
Key Highlights
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3 bedrooms, 1 bathroom
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Classic bungalow with strong renovation potential
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1,100+ sq. ft. of flexible living space
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Located near parks, schools, and University of Detroit Mercy
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Minutes from the Fitzgerald Revitalization Project
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Sold As-Is by the Detroit Land Bank Authority
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Investment or first-time buyer opportunity in a growing neighborhood
Be part of Detroit’s resurgence—whether you’re seeking a personal residence, a rental investment, or a renovation project with potential for long-term growth, this property offers a unique opportunity.
For more information, to submit your offer, or to schedule a viewing, contact the listing agent through the Zillow link below the photos.
From Zillow
