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Vacant Lot in Islandview
For Sale
$35,000

471 JEFFERSON, Detroit, MI 48207

LAND - Detroit, MI

Property SizeContact for details
Lot Size0.05 Acres
Days on Market668

Property Features for 471 JEFFERSON

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision SCULLENS SUB
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions North of Jefferson Avenue, East of Mount Elliott
Standard status Active
APN W15I013448S
Lot size 0.05 Acres

Taxes and HOA fees

Tax Description W JEFFERSON CT S 37 FT 12 N 8 FT 13 SCULLENS SUB L25 P28 PLATS, W C R 15/11 45 X 47.25
Legal Description W JEFFERSON CT S 37 FT 12 N 8 FT 13 SCULLENS SUB L25 P28 PLATS, W C R 15/11 45 X 47.25
Listing Agency: Keller Williams Realty-Great Lakes
Listed By: Erick Monzo
Added: Oct 8, 2024 Changed: Jul 30 Last Checked: Aug 6 at 12:06AM
MLS# 20240073928

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 0.10-acre vacant lot is located in the Islandview neighborhood. Its location provides convenient access to Belle Isle, the Detroit Riverwalk, and downtown Detroit. The Detroit Land Bank Authority (DLBA) is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult the proposal guidelines for land-based sites and the Guide to Plot Plan, Site Design, and Maintenance. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

Key Highlights

  • Prime vacant lot in the desirable Islandview neighborhood.
  • Excellent location: Minutes from Belle Isle, the Detroit Riverwalk, and downtown.
  • Opportunity to build a dream home or investment property.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Hair Salon HVAC Service Kitchen & Bath Showroom Daycare Center Dental Office Locksmith

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

626
Businesses Nearby

Demographics for 48207, MI

21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 0.10-acre lot near Belle Isle and Detroit Riverwalk.
Where is this residential land & home lot located?
The property is located at 471 JEFFERSON Detroit, MI.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Prime vacant lot in the desirable Islandview neighborhood.; Excellent location: Minutes from Belle Isle, the Detroit Riverwalk, and downtown.; Opportunity to build a dream home or investment property.
More about this property
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