$25,000 for Sale

5161 vermont street, detroit, MI 48208

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Property Description
Three contiguous residential lots in Detroit’s highly desirable Woodbridge neighborhood are being offered as a bundled package: 5175 Vermont, 5169 Vermont, and 5161 Vermont. These parcels must be purchased together and cannot be split, making them an excellent opportunity for a new-build infill development in one of the city’s fastest-growing areas. Zoned residential, the lots provide strong potential for creative redevelopment and long-term value. Interested buyers are required to submit a complete proposal package that includes a project proposal outlining intended use and timeline, proof of funds such as a bank statement or lender letter, a detailed scope of work with projected development costs, and proof of previous projects including addresses and photos. The sale is contingent on execution of a DLBA Renovation/Development Agreement. Please note, the Detroit Land Bank Authority is entitled to a five-year tax recapture following transfer of ownership, which may limit eligibility for certain abatements or lot combinations. Waiver requests will be reviewed 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. BATVAI. IDRBNG.
General Information
Sale Price: $25,000
Price/SqFt:
Status: Active
MLS#: 20261021990
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: lafferty farm sub of blks 7 thru 12 ol2
Acres: 0.05
Lot Dimensions: 30X70
Size:
Acreage: 0.05 est.
Year Built:
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $0
Est. Winter Taxes:  $0
Legal Description:  W VERMONT S 12 FT OF E 70 FT 42 N 18 FT OF E 70 FT 41 BLK 10 SUB OF BLKS 7, 8, 9, 10, 11 & 12 O L 2 LAFFERTY FARM L1 P281 PLATS, W C R 8/104 30 X 70


IDX provided courtesy of Realcomp II Ltd. via Tremaine Real Estate and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders Listing By: Erick Monzo of Keller Williams Realty-Great Lakes, Phone: (586) 541-4000
(810) 516-7124 Call Emily Albright for more information about this property.

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