MLS # 20251038896 (Realcomp)

This 3-bed, 1-bath property, located in Claytown, is government-owned and included in the Detroit Land Bank Authority (DLBA) program. The DLBA recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.
Source: SparkMLS
3-bedroom, 1-bath, 1,026 sq ft home in Chadsey in Detroit built in 1923.
Asking $45,000 (about $44/sq ft).
Broadband is available with download speeds up to 2,000 Mbps from 7 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
S HOLMES 202 WM L HOLMES & FRANK A VERNORS SUB L16 P73 PLATS, W C R 18/366 30 X 103
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA 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
2 Gbps
Upload
250 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
7169 Holmes Street, Detroit, MI 48210
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Neighborhood
Chadsey
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Community
Detroit
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County
Wayne County
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