For Sale
715 Field Street, Detroit, MI 48214
$13,000
MLS # 20261031128 (Realcomp)
0.1 acres
1 / 1
Listing Description
DLBA-owned vacant land offered through the Detroit Land Bank Authority (DLBA) Marketed Property Program. This offering includes two (2) residential parcels located at 715 & 721 Field St in Detroit’s Islandview neighborhood. Properties must be sold together for a total purchase price of $26,000 ($13,000 each), presenting an excellent opportunity for new construction infill development in a highly desirable and growing area.The site includes:715 Field St: approximately 39’ x 109’721 Field St: approximately 64’ x 90’Combined, the parcels offer a flexible footprint with strong frontage and depth, allowing for single-family or potential multi-unit development (subject to zoning and City approval), consistent with neighborhood revitalization goals.The surrounding area features a mix of occupied homes, renovations, and new construction activity, supporting strong long-term residential demand. Located in the Islandview neighborhood, the property benefits from close proximity to the Detroit River, Belle Isle, West Village, and Downtown Detroit, along with nearby parks, schools, restaurants, and neighborhood amenities.Buyer must submit a complete DLBA proposal package including: project description with intended use and construction timeline, proof of funds (bank statement or lender letter), site plan or concept drawings, and documentation of prior similar projects (addresses and photos).Sale is contingent upon execution of a DLBA Development Agreement and compliance with all City of Detroit permitting and approval requirements. Property sold as-is.DLBA retains the right to tax recapture for five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests are reviewed on a case-by-case basis and may require payment in lieu of taxes subject to DLBA review of project financing and development pro forma.Buyers are encouraged to review applicable Neighborhood Framework Plans published by the City of Detroit Pla
Source: SparkMLS
About this home
Listed at $13,000.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeLand
Bathrooms0
Lot Size0.1 acres
Location
CityDetroit
Zip Code48214
CountyWayne
School DistrictDetroit
Sale & Financing
Listed5/4/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$0
Tax Year2025
Assessed Value$0
Parcel #15007491-2
Source: Public Records
Legal Description
W FIELD N 15.35 FT OF S 29.35 FT OF E 90 FT 52 S 14 FT OF E 120 FT 52 E 120 FT OF N 10 FT 49 MOSES W FIELD SUB L1 P315 PLATS, W C R 15/21 39.35 IRREG
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 715 Field Street, Detroit, MI 48214
What school district is 715 Field Street, Detroit, MI 48214 in?
Per MLS# 20261031128, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 715 Field Street, Detroit, MI 48214?
Per MLS# 20261031128, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
Is 715 Field Street, Detroit, MI 48214 eligible for USDA financing?
Per USDA Rural Development boundary data, 715 Field Street, Detroit, MI 48214 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, 715 Field Street, Detroit, MI 48214 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. 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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Monthly payment$84
Principal & interest$84
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
715 Field Street, Detroit, MI 48214
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Neighborhood
Butzel
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Community
Detroit
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County
Wayne County
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