MLS # 20240079043 (Realcomp)

Welcome to this exciting new offering presented by the Detroit Land Bank! This multifamily home features two spacious units, providing an excellent investment opportunity. Ideal for investors ready to restore and revitalize, this property holds great potential for generating future income. Don't miss the chance to bring this home back to life and make it a valuable asset. This property is being sold as is. Please note that the DLBA 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 abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests.
Source: SparkMLS
This 2-bath home built in 1926 sits in Winterhalter in Detroit.
Currently offered at $15,000.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company. Broadband is available with download speeds up to 1,200 Mbps from 7 providers.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
N CORTLAND 515 RUSSELL WOODS SUB L34 P3 PLATS, W C R 14/195 35 X 110
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLHistoric District: Russell Woods-Sullivan Historic District
Exterior changes may require Historic District Commission (HDC) approval
Source: Detroit Historic District CommissionUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Erick Monzo
Keller Williams Realty-Great Lakes
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Download
1.2 Gbps
Upload
35 Mbps
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4824 CORTLAND Street, Detroit, MI 48204
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Neighborhood
Winterhalter
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Community
Detroit
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County
Wayne County
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