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    1032 Marston St Detroit, MI 48211

    For Sale
    $30,000

    Vacant Land - Detroit, MI

    Lot size:
    0.07 Acres
    Days on Market:
    194
    Last Refresh:
    Dec 14 at 9:06 pm

    Property Features for 1032 Marston St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    05002621
    Lot size
    0.07 Acres

    Building Details

    Architectural style
    Other

    SCS Great Lakes INC (586) 541-4000 [email protected]

    Listing agent Erick Monzo (586) 541-4000

    Listing date Jun 4, 2025

    MLS# 20251004747 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Detroit Vacant Land Investment Opportunity

    This investment opportunity, presented by the Detroit Land Bank Authority, features a vacant lot bundled with a spacious colonial home located at 1038 Marston Street. The residential property offers 4 bedrooms and 1.5 bathrooms, presenting an investor special with strong potential. The property includes classic architectural details and generous room sizes, ready for renovation. Situated in a growing neighborhood, this home is a great addition to any portfolio. The lot size is 0.07 acres. This is a bundled listing and must be purchased together with the vacant lot. Please note that the DLBA 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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0655388
    Latitude
    42.3785985

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    FAQs

    What type of property is this?
    Residential land & home lot - Vacant lot bundled with a spacious colonial home for renovation.
    Where is this residential land & home lot located?
    The property is located at 1032 Marston St Detroit, MI.
    What is the asking price?
    The asking price for this property is $30,000.
    What are key features of this property?
    This property features: - Bundled Listing: Includes both a vacant lot and a 4-bedroom colonial home at 1038 Marston.; - Investor Special: Property offers strong potential for renovation and value increase.; - Spacious Colonial Home: Features 4 bedrooms and 1.5 bathrooms.
    (586) 541-4000
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    Detroit, MI 48211
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1032 Marston St Detroit, MI 48211
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