12828 Dwyer Street Hamtramck, MI 48212

Listing agency Bellabay Realty Tri Counties n***@comcast.net Show Phone

Listed by Natasha C Richards · License #6502385914 Show Phone

Added: Sep 24, 2025 Updated: May 13 at 3:30AM Checked: Jul 22 at 4:06PM

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MLS# 20251037192

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Investment Insights

Based on property information with market context.

This property presents a development opportunity in a growing area. The sale includes two parcels, 12828 and 12834 Dwyer, offered together. Zoned R2, the land is suitable for development projects. The Detroit Land Bank is seeking proposals for townhomes, duplexes, fourplexes, or multifamily buildings, leveraging the flexible R2 zoning. Interested buyers should consult proposal guidelines for new build opportunities. Reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department is recommended for additional neighborhood context. The Detroit Land Bank is entitled to a tax capture for the 5 tax years after transferring ownership. This tax capture may not be compatible with tax abatements. The Detroit Land Bank 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 proforma and effect of any tax abatement on the purchase and development financing. The lot size is 0.1 acres.

Key Highlights

• Prime development opportunity in a rapidly growing area.
• R2 zoning allows for townhomes, duplexes, fourplexes, or multifamily buildings.
• Detroit Land Bank actively seeking proposals for new builds.

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FAQs

What type of property is this?

Residential land & home lot - Prime R2 zoned land parcel ideal for development project.

Where is this residential land & home lot located?

The property is located at 12828 Dwyer Street Hamtramck, MI.

What is the asking price?

The asking price for this property is $34,900.

What are key features of this property?

This property features: Prime development opportunity in a rapidly growing area.; R2 zoning allows for townhomes, duplexes, fourplexes, or multifamily buildings.; Detroit Land Bank actively seeking proposals for new builds.