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Street View
$115,000
Monthly Est:$572
-- Bed
-- Bath
0.3acre lot
7320 E Lafayette St, Detroit, MI 48214
$115,000
$572/moEst:
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Land
Built in -
$-- HOA
0.3 acre lot
$383,333/acre
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 out to businesses such as convenience stores, gyms, hair/nail salon, and other businesses which directly support residents.
- Houzeo last checked: 2 hours ago
- Listing updated: October 6, 2026 at 3:34 pm
- Listing Provided by: Bill Swanson (313) 963-9891 | O'Connor Realty Detroit, LLC (313) 963-9891
- Source: Realcomp MLS-MI | MLS#: 20240050145
- Originating MLS: Realcomp II Ltd
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
0.3 acre lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
20240050145
MLS Status
Active
Days on Market
819
Cumulative Days on Market
805
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Sewer At Street
Utilities & Energy
Water Source
Waterat Street
Utilities
Electricity Available, Natural Gas Available
Other Features
Subdivision Name
M. W. Fields Sub (plats)
Lot Features
Corner Lot, Sidewalk
Price History
| Date | Event | Price |
|---|---|---|
07/23/2024 Source: | Price Increased | $125,000 +8.70% $0/sqft |
07/23/2024 Source: | Listed for Sale | $115,000 $0/sqft |
West Village Ranks #16 in Detroit, MI
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Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 09, 2026, 02:30PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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