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Residential Land in Boston/Edison District
For Sale
$40,000

1157 EDISON Street, Detroit, MI 48202

Vacant Land, Detroit, MI

Property SizeContact for details
Lot Size0.12 Acres
Days on Market860

Property Features for 1157 EDISON Street

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision BOSTON BLVD (PLATS)
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions S. Chicago, W. Lodge Fwy.
Standard status Active
APN W06I002387S
Lot size 0.12 Acres

Taxes and HOA fees

Tax Description S EDISON 77 BOSTON BLVD SUB L29 P23 PLATS, W C R 6/149 40 X 133.50
Legal Description S EDISON 77 BOSTON BLVD SUB L29 P23 PLATS, W C R 6/149 40 X 133.50

Utilities

Water source Public
Listing Agency: Bellabay Realty Tri Counties
Listed By: Natasha C Richards · License #6502385914
Added: Apr 17, 2024 Changed: Aug 19 Last Checked: Aug 24 at 9:06PM
MLS# 20240024970

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 residential land, situated in Detroit's Boston/Edison district, presents an investment opportunity. The lot measures 40x133.50 and is suitable for building a new home. The location offers proximity to Henry Ford Hospital, Wayne State University, and Midtown, with downtown Detroit just minutes away. Interested buyers should consult the proposal guidelines for new build opportunities. It is recommended to review 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, which may be incompatible with other tax abatements. The 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. The lot size is 0.12 acres.

Key Highlights

  • Prime location in the Boston/Edison district, near Henry Ford Hospital, Wayne State University, and Midtown.
  • Ideal investment opportunity for building a dream home.
  • Lot size: 40x133.50.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Dental Office Hair Salon Real Estate Agency HVAC Service Spa & Massage Center

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

336
Businesses Nearby

Demographics for 48202, MI

17,260
Population
10,078
Households
1.7
Avg Household Size
32
Median Age
38%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
5,076
Density / Sq Mi
$36,536
Median Household Income
$31,725
Median Earnings
$894
Median Rent
$193,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - Land in Detroit's Boston/Edison district, ready for new construction.
Where is this land located?
The property is located at 1157 EDISON Street Detroit, MI.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Prime location in the Boston/Edison district, near Henry Ford Hospital, Wayne State University, and Midtown.; Ideal investment opportunity for building a dream home.; Lot size: 40x133.50.
More about this property
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