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Detroit Land Investment Opportunity
For Sale
$60,000

4454 15TH Street, Detroit, MI 48208

Vacant Land, Detroit, MI

Property SizeContact for details
Lot Size0.12 Acres
Days on Market505

Property Features for 4454 15TH Street

General Information

Property type Land
Property subtype Other
Zoning Multi-Family,Residential
Subdivision SUB OF PC 44 (ALSO PG 3) (DEEDS)
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions S. of Warren, W. of I-96
Standard status Active
APN W10I005520S
Lot size 0.12 Acres

Taxes and HOA fees

Tax Description E 15TH N 10 FT 531 532 SUB OF P C 44 L68 P2-3 DEEDS, W C R 10/31 50 X 106.85
Legal Description E 15TH N 10 FT 531 532 SUB OF P C 44 L68 P2-3 DEEDS, W C R 10/31 50 X 106.85

Utilities

Water source Public
Listing Agency: Bellabay Realty Tri Counties
Listed By: Natasha C Richards · License #6502385914
Added: Apr 7, 2025 Changed: Aug 19 Last Checked: Aug 24 at 2:06AM
MLS# 20250010047

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 investment opportunity includes three parcels located in a rapidly developing Detroit community. The parcels, located at 4454, 4450 & 4466 15th St., must be sold together. The properties are near Midtown, Wayne State University, Motor City Casino, and the Michigan Central Station Project Development, with many restaurants and entertainment options nearby. The location provides convenient access to Downtown Detroit, Corktown, and major expressways I-75 and I-96. The Detroit Land Bank Authority (DLBA) seeks development of multiple homes or a small to medium multi-family structure to maximize the size of the parcels and increase density in the neighborhood. Interested buyers should consult proposal guidelines for new build opportunities and review relevant neighborhood framework plans from the City of Detroit's Planning and Development Dept. 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 payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. The lot size is approximately 0.12 acres.

Key Highlights

  • Prime investment opportunity in a rapidly developing Detroit community.
  • Three parcels (4454, 4450 & 4466 15th St.) included in the sale.
  • Ideal for multiple homes or a small to medium multi‑family structure development.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Nail Salon Skin Care Clinic

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

451
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Three parcels for sale in a developing Detroit community.
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: Prime investment opportunity in a rapidly developing Detroit community.; Three parcels (4454, 4450 & 4466 15th St.) included in the sale.; Ideal for multiple homes or a small to medium multi‑family structure development.
More about this property
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