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$115,000
-- Bed
-- Bath
13,068sqft lot
7320 E Lafayette St, Detroit, MI 48214 2367
$115,000
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Unimproved Land
Built in -
$-- HOA
13,068 sqft lot
$9/sq.ft
Description
Nice sized buildable land in Islandview in the vibrant and growing Villages neighborhood. Low Income Housing Income Tax Potential – According to the U.S. Housing and Urban Development website, this property is located in a Qualified Tract Zone, which allows for an additional 30% of low income housing credits, in addition to the 9% credit on qualified development costs. Buyer to Verify Zoning - The property is zoned R5, which allows for apartments/affordable housing to be constructed. Also, R5 zoning may allow for certain specified non-residential uses, as long as those uses can be blended into the district. So, for example, the first floor of a building could be rented ...
Continue Reading- Houzeo last checked: 42 Minutes ago
- Listing updated: January 7, 2026 at 5:44 pm
- Listing Provided by: Bill Swanson (313) 506-5471 DRE #6501381221 | O'Connor Realty Detroit, LLC (313) 963-9891
- Source: MiRealSource MLS-MI | MLS#: 60325701
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
13,068 sqft lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
60325701
MLS Status
Active
Days on Market
549
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