Triple Parcel Development
For Sale
$60,000
4454 15th Street, Detroit, MI 48208
Three residential land parcels are offered together and must be sold as a single package.
Property SizeContact for details
Days on Market494
Property Features for 4454 15th Street
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Bellabay Realty Tri Counties
(313) 204-0310
Listed By:
Natasha C Richards · License #6502385914
(313) 204-0310
Source:
Compass
Added: Apr 7, 2025
Changed: Aug 8
Last Checked: Jul 21 at 12:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bellabay Realty Tri Counties
Investment Insights
Based on property information with market context.
This offering includes three residential land parcels being sold together and cannot be separated: 4454 15th St, 4450 15th St, and 4466 15th St. The property is presented as a prime development opportunity, with guidance encouraging new home construction or a small-to-medium multi-family structure to maximize the parcels and increase density.
The parcels are located in Detroit near Midtown, Wayne State University, Motor City Casino, and Michigan Central Station, with access to downtown Detroit, Corktown, and major expressways I-75 and I-96.
The DLBA notes that interested buyers should review the proposal guidelines for new build opportunities and consult relevant neighborhood framework plans through the City of Detroit’s Planning and Development Department for additional context. The DLBA is also entitled to a tax capture for five tax years following transfer of ownership, and that tax capture may be incompatible with other tax abatements that could be available to the purchaser.
The parcels are located in Detroit near Midtown, Wayne State University, Motor City Casino, and Michigan Central Station, with access to downtown Detroit, Corktown, and major expressways I-75 and I-96.
The DLBA notes that interested buyers should review the proposal guidelines for new build opportunities and consult relevant neighborhood framework plans through the City of Detroit’s Planning and Development Department for additional context. The DLBA is also entitled to a tax capture for five tax years following transfer of ownership, and that tax capture may be incompatible with other tax abatements that could be available to the purchaser.
Key Highlights
- 3 residential land parcels offered together and must be sold as a single package: 4454, 4450 & 4466 15th St
- DLBA encourages development of multiple homes or a small‑to‑medium multi‑family structure to maximize parcel size and increase neighborhood density
- Entitled to a tax capture for 5 tax years after transferring ownership (may be incompatible with certain tax abatements)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,350
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Three residential land parcels are offered together and must be sold as a single package.
Where is this residential land & home lot located?
The property is located at 4454 15th Street Detroit, MI.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: 3 residential land parcels offered together and must be sold as a single package: 4454, 4450 & 4466 15th St; DLBA encourages development of multiple homes or a small‑to‑medium multi‑family structure to maximize parcel size and increase neighborhood density; Entitled to a tax capture for 5 tax years after transferring ownership (may be incompatible with certain tax abatements)
