USAMIDetroitCandlers Sub (Plats)5740 Wabash St
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$22,000

For Sale

A year ago

5740 Wabash St, Detroit, MI

House

MLS® 20250023911

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Unimproved Land
Levels Land
Size -
Garage 
Taxes 
Days Active 382
Lot Size 
Approx. Age 
MLS® Number 20250023911

Property Address: 5740 Wabash St, Detroit, MI, 48208-1680

Average square foot calculated using Size range provided by listing agent.

Description

Great residential infill opportunity that includes two parcels; 5740 & 5734 Wabash, located close to Downtown, Motown Museum, Henry Ford Hospital, Corktown, Midtown, Wayne State University, and future major developing areas. The total price for all lots are $22.000. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. 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.
MLS® Number20250023911
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 8, 2025List Date
$22,000List Price
  • Commute

Commute

Starting Address
Destination Address
5740 Wabash St, Detroit, MI

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