Detroit Land Bank
For Sale
$50,000
3978 16TH Street, Detroit, MI 48208
LAND - Detroit, MI
Property SizeContact for details
Lot Size0.07 Acres
Days on Market171
Property Features for 3978 16TH Street
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
SUB OF PC 44 (ALSO PG 3) (DEEDS)
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
TAKE WARREN HEADED WEST PASS ROSA PARKS, MAKE LEFT ONTO 16TH STREET
Standard status
Active
APN
W10I006060S
Lot size
0.07 Acres
Taxes and HOA fees
Tax Description
E 16TH 446 SUB OF P C 44 L68 P2-3 DEEDS, W C R 10/31 30 X 106.85
Legal Description
E 16TH 446 SUB OF P C 44 L68 P2-3 DEEDS, W C R 10/31 30 X 106.85
Utilities
Water source
Public
Listing Agency:
RCH Brokerage Legacy Inc
(248) 440-2268
Listed By:
Leonard A Pickett III · License #6501306589
(248) 440-2268
Added: Mar 4
Changed: May 13
Last Checked: Aug 22 at 7:06AM
MLS# 20261013914
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 offering comprises five bundled vacant lots, specifically including 3984, 3990, 3996, and 4002 16th Street, in Detroit, MI. The combined area of the lots totals 16,663 square feet. These lots are not available for individual purchase. The Detroit Land Bank Authority (DLBA) seeks proposals for small- to medium-scale infill development aimed at increasing housing supply, restoring the urban fabric, and enhancing density and walkability. Interested buyers are encouraged to consult the DLBA's proposal guidelines for new build opportunities and review relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional neighborhood context. Prospective purchasers should note that the DLBA is entitled to a tax capture for the five tax years following the property ownership transfer. This tax capture may not be compatible with other available tax abatements. The DLBA will consider requests to waive its tax capture rights, potentially requiring a payment in lieu of taxes, the amount of which will be determined after reviewing the development proforma and the impact of any tax abatement on the purchase and development financing.
Key Highlights
- Bundle of 5 contiguous lots totaling 16,663 sqft.
- Ideal for small- to medium‑scale infill development.
- Opportunity to increase housing supply and restore urban fabric.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
428
Businesses Nearby
Explore this area
Business Placement
Demographics for 48208, MI
8,090
Population
5,226
Households
1.5
Avg Household Size
37
Median Age
27%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
2,528
Density / Sq Mi
$29,742
Median Household Income
$39,526
Median Earnings
$842
Median Rent
$186,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Five bundled lots ideal for infill development in Detroit.
Where is this residential land & home lot located?
The property is located at 3978 16TH Street Detroit, MI.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Bundle of 5 contiguous lots totaling 16,663 sqft.; Ideal for small- to medium‑scale infill development.; Opportunity to increase housing supply and restore urban fabric.
