LKV Realty
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48 Woodland St photo 1
$10,500
$0Reward *
48 Woodland St, Detroit, MI 48202Listing ID 61001899

48 Woodland St, Detroit, MI 48202

Active
Detroit (82001)
Time on site: 65 days • Last updated: Jul 7, 2026
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
Unimproved Land
Acres
Acres
0.11
Days on Site
Days on Site
65

DLBA-owned vacant land offered through the Detroit Land Bank Authority (DLBA) Marketed Property Program. Offering includes four (4) residential parcels located at **48, 56, 64 & 72 Woodland St** in Detroit's **Gateway Community**. **Total Asking Price: $52,000 ($13,000 per parcel).** Properties must be sold together. Each parcel measures approximately **40' x 125'**, providing a combined frontage of approximately **160 feet**. Excellent opportunity for **new construction residential development** (subject to zoning and City approval) in an area experiencing ongoing investment and revitalization. Conveniently located near **Woodward Ave, Midtown, New Center, Downtown Detroit, Wayne State University, Henry Ford Health, and Detroit Medical Center**. Buyer must submit a complete DLBA proposal package including project description, development timeline, proof of funds, site plan/concept drawings, and documentation of prior similar projects. Sale is contingent upon execution of a DLBA Development Agreement and compliance with City of Detroit permitting and approval requirements. Property sold **as-is**. DLBA retains the right to tax recapture for five (5) years following transfer. A rare opportunity to acquire four contiguous residential parcels in Detroit's growing Gateway neighborhood.

Property Information

Property Details

Location

Address
48 Woodland St
County
Wayne
City
Detroit
Zip Code
48202
Subdivision
Detroit (82001)
School District
Airport Community School District
MLS Area
Detroit (82001)
Atlas Properties Inc, (313) 598-2566

Financial

Special Conditions
HUD Owned

Market Report for 48202

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MiRealSource
MiRealSource logo
Originating MLS: MiRealSource

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource,Inc.

For corrections to this data please contact Brytecore MLS Support.

RC297897