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Residential Land Bundle in Detroit
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1522 GRAY Street, Detroit, MI 48215

LAND - Detroit, MI

Property SizeContact for details
Lot Size0.08 Acres
Days on Market459

Property Features for 1522 GRAY Street

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision STERLING PARK (PLATS)
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions Take Jefferson Ave headed East pass Conner. Make left onto Gray.
Standard status Active
APN 21048455.
Lot size 0.08 Acres

Taxes and HOA fees

Tax Description E GRAY 156 STERLING PARK SUB L27 P61 PLATS, W C R 21/310 30 X 122.24
Legal Description E GRAY 156 STERLING PARK SUB L27 P61 PLATS, W C R 21/310 30 X 122.24

Utilities

Water source Public
Listing Agency: RCH Brokerage Legacy Inc
Listed By: Leonard A Pickett III · License #6501306589
Added: May 20, 2025 Changed: May 8 Last Checked: Aug 21 at 6:06PM
MLS# 20250036698

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This property is offered as a bundle with four vacant lots located at 1528, 1514, and 1508 Gray Street, and 12905 Brooks Street, Detroit, MI 48215. The combined area of the lots is 20,128 square feet, which includes the lot at 1522 Gray Street. The properties are not available for individual purchase and are sold together for a total price of $6,000. The property at 1522 Gray Street requires complete rehabilitation. Buyers are required to submit a purchase proposal that includes detailed rehabilitation plans, a financing plan with proof of funds or a pre-approval letter, or a new construction loan. Plans for the vacant lots, including sketches and financing details, must also be included. The Detroit Land Bank Authority is entitled to a tax capture for the five tax years following the transfer of ownership. This tax capture may not be compatible with other tax abatements available to the purchaser. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes. The payment amount will be determined after reviewing the development proforma and the effect of any tax abatement on the purchase and development financing. Additional guidelines and submission instructions are available in the attached documents. The lot size is 0.08 acres.

Key Highlights

  • Bundle includes a house and 4 vacant lots, totaling 20,128 sqft.
  • All properties are sold together for $30,000.
  • Public water source available.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

306
Businesses Nearby

Demographics for 48215, MI

10,520
Population
6,044
Households
1.7
Avg Household Size
41
Median Age
19%
College-Educated
85%
High-School Grad
3.9 sq mi
ZIP Area
2,697
Density / Sq Mi
$33,741
Median Household Income
$36,728
Median Earnings
$897
Median Rent
$105,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Bundle of lots for rehab or new construction.
Where is this residential land & home lot located?
The property is located at 1522 GRAY Street Detroit, MI.
What are key features of this property?
This property features: Bundle includes a house and 4 vacant lots, totaling 20,128 sqft.; All properties are sold together for $30,000.; Public water source available.
More about this property
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