For Sale
4880 Lodewyck Street, Detroit, MI 48224
$8,500
MLS # 20261002361 (Realcomp)
2 beds1 bath729 sqftBuilt 19250.11 acres
1 / 49
Listing Description
Welcome to the latest offering from the Detroit Land Bank Authority. This 2 bedroom ranch sits on an irregular lot. Located in the up and coming Cornerstone Village subdivision. This home requires a full rehab so bring your plans and your design ideas. 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 and/or lot combinations 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to DLBA proposal guidelines
Source: SparkMLS
About this home
Located in Finney in Detroit, this property offers 2-bedroom, 1-bath, 729 sq ft, with original construction dating to 1925.
Currently offered at $8,500 (about $12/sq ft).
Fiber internet is available at this address with download speeds up to 5,000 Mbps across 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms2
Bathrooms1
Living Area729 sqft
Lot Size0.11 acres
Year Built1925
Stories1
Location
CityDetroit
Zip Code48224
CountyWayne
School DistrictDetroit
Construction & Systems
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed1/15/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$0
Tax Year2025
Assessed Value$0
Parcel #21077785.
Source: Public Records
Legal Description
E LODEWYCK 100 MARY L HARRIS SUB NO 1 L51 P80 PLATS, W C R 21/851 47 X 103.44
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Gene Kelley
Real Estate One-Southfield
Frequently Asked Questions about 4880 Lodewyck Street, Detroit, MI 48224
What school district is 4880 Lodewyck Street, Detroit, MI 48224 in?
Per MLS# 20261002361, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261002361, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
Is 4880 Lodewyck Street, Detroit, MI 48224 eligible for USDA financing?
Per USDA Rural Development boundary data, 4880 Lodewyck Street, Detroit, MI 48224 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 4880 Lodewyck Street, Detroit, MI 48224 is in flood zone X (minimal risk). 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.
Is fiber internet available at 4880 Lodewyck Street, Detroit, MI 48224?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 5.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
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
Mortgage Calculator
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%
$
$
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Monthly payment$55
Principal & interest$55
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableGSO SatelliteLicensed Fixed WirelessDSLSatellite
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4880 Lodewyck Street, Detroit, MI 48224
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Neighborhood
Finney
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Community
Detroit
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County
Wayne County
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