Great build opportunity located within walking distance of Detroit's Corktown, social district, and the newly renovated Ford train station. This property is surrounded by some newer built homes where values are on the rise! The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroits Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
Property Details
Property Features
Listing Office:
Office Name: Bellabay Realty Tri Counties
Office Phone: (248) 274-6614
Listing Agent: Natasha C Richards
Lot Features
Lot Information:
Lot Size: 0.10 Acres
Other
Directions Information:
Directions: Martin Luther King & 16th
Price Information
Listing Price Info
Price Summary:
List Price: $8,500
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Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $76.5K less than the Median Sold Price in Detroit, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240024998
Listing Office:
Office Name: Bellabay Realty Tri Counties
Office Phone: (248) 274-6614
Listing Agent: Natasha C Richards
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
University Preparatory Academy (PSAD) Elementary School
957 Holden St
Distance between this listing and this school1.59 miles
Public Charter Grades KG-5
2
/10
Maybury Elementary School
4410 Porter St
Distance between this listing and this school1.66 miles
Public District Grades PK-5
2
/10
University Preparatory Academy Psad Elementary School
435 Amsterdam St
Distance between this listing and this school1.88 miles
Public Charter Grades KG-5
Nearby Schools
2
/10
Burton International Academy
2001 Martin Luther King Jr Blvd
Distance between this listing and this school0.24 miles
Public District Grades KG-8
2
/10
George Crockett Academy
4851 14th St
Distance between this listing and this school0.70 miles
Public Charter Grades PK-8
7
/10
Edmonson Montessori
1300 W Canfield St
Distance between this listing and this school0.81 miles
Public District Grades PK-8
Nearby Schools
2
/10
Legacy Academy
2750 Selden St
Distance between this listing and this school0.34 miles
Public District Grades 6-12
2
/10
Covenant House Academy Detroit Central Site
2959 Martin Luther King Jr Blvd
Distance between this listing and this school0.39 miles
Public Charter Grades 9-12
3
/10
Frederick Douglass Academy for Young Men
2001 W Warren Ave
Distance between this listing and this school0.69 miles
The neighbors living near this home have an average income of $22,655. The most common annual income of people living in Detroit, MI is less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3560 16th St
What is the listing price of this property?
The listing price of 3560 16th St property is $8,500.
What type of property is this?
The property 3560 16th St is land located in Detroit, Michigan, 48208.
Is this property for sale now?
Active Listing: 3560 16th St is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 3560 16th St in Detroit, MI and zip code 48208 in the Core City neighborhood. This home sits on a 0.10 acre lot. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $8,500.
Detroit, MI housing market in October 2024 saw over 125 listings sold above listed price, more than 93 sold at listed price and over 257 sold below. The number of listings in Detroit, MI increased by 11.2% between September 2024 and October 2024. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $85,000.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 
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