For Sale
48 Woodland St, Detroit, MI 48202
$10,500
MLS # 20261044032 (Realcomp)
0.11 acres
1 / 1
Listing Description
DLBA-owned vacant land offered through the Detroit Land Bank Authority (DLBA) Marketed Property Program. Offering includes four (4) residential parcels located at **48, 56, 64 & 72 Woodland St** in Detroit's **Gateway Community**. **Total Asking Price: $52,000 ($13,000 per parcel).** Properties must be sold together.Each parcel measures approximately **40' x 125'**, providing a combined frontage of approximately **160 feet**. Excellent opportunity for **new construction residential development** (subject to zoning and City approval) in an area experiencing ongoing investment and revitalization.Conveniently located near **Woodward Ave, Midtown, New Center, Downtown Detroit, Wayne State University, Henry Ford Health, and Detroit Medical Center**.Buyer must submit a complete DLBA proposal package including project description, development timeline, proof of funds, site plan/concept drawings, and documentation of prior similar projects.Sale is contingent upon execution of a DLBA Development Agreement and compliance with City of Detroit permitting and approval requirements. Property sold **as-is**. DLBA retains the right to tax recapture for five (5) years following transfer. A rare opportunity to acquire four contiguous residential parcels in Detroit's growing Gateway neighborhood.
Source: SparkMLS
About this home
Currently offered at $10,500.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeLand
Bathrooms0
Lot Size0.11 acres
Location
CityDetroit
Zip Code48202
CountyWayne
School DistrictAirport Community
Sale & Financing
Listed6/11/2026
Original Price$13,000
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$0
Parcel #WO1I003631S
Source: SparkMLS
Legal Description
S WOODLAND 124 WOODLAND L13 P85 PLATS, W C R 1/130 39.5 X 124.75
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Adam Hage
Atlas Properties Inc
Frequently Asked Questions about 48 Woodland St, Detroit, MI 48202
Which school district serves 48 Woodland St, Detroit, MI 48202?
Per MLS# 20261044032, 48 Woodland St, Detroit, MI 48202 is in the Airport Community boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Airport Community directly to confirm enrollment eligibility.
Can I use FHA or VA financing for this property?
Per MLS# 20261044032, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 48 Woodland St, Detroit, MI 48202 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 48 Woodland St, Detroit, MI 48202 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 48 Woodland St, Detroit, MI 48202?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
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Monthly payment$68
Principal & interest$68
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
48 Woodland St, Detroit, MI 48202
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Neighborhood
Middle Woodward
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Community
Detroit
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County
Wayne County
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