Please check your email for your login details.2 Baths
$25,000
2340 Sq FT
$10.68 Price per Sq Ft
Highlights
About This Home
Development Opportunity in Detroit’s Historic Virginia Park Neighborhood. Welcome to 1729 Lee Place, a multi-family property located in the heart of Detroit’s desirable Virginia Park Neighborhood. This property presents a solid opportunity for investors, developers, or owner-occupants seeking to establish a presence in a neighborhood experiencing continued revitalization. The property features two residential units, each offering 3 bedrooms and 1 full bathroom, providing a functional layout suitable for rental use, redevelopment, or long-term investment strategies. Conveniently located just minutes from Henry Ford Hospital, Wayne State University, the Motown Museum, and downtown Detroit, this property benefits from proximity to major employers, cultural landmarks, and ongoing development activity throughout the area. With its location and multi-unit configuration, 1729 Lee Place offers strong potential in one of Detroit’s historic and steadily growing neighborhoods. Interested buyers must submit a complete proposal package for DLBA approval, including a project proposal, proof of funds, site plan or concept drawing, and proof of previous development experience. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after DLBA review of the development pro forma and financing.
Listing Agent
Catina Willis
Next Level Realty & Investments
Listed on : May 27, 2026
Activity
Days on Market:2
Home Details
Home Type
- ResidentialIncome
Est. Annual Taxes
- $2
Year Built
- Built in 1923
Lot Details
- 0.07 Acre Lot
- Lot Dimensions are 30X100
Parking
Home Design
Interior Spaces
- 2,340 Sq Ft Home
Kitchen
Flooring
Bedrooms and Bathrooms
- 2 Bathrooms
Laundry
Finished Basement
Home Security
Pool
Outdoor Features
Location
- DetroitCity_Wayne, Michigan
- Wayne County
- Postal Code: 48206
Utilities
- ForcedAir, NaturalGas
- Water Source: WateratStreet
- Sewer: PublicSewer, SewerAtStreet
About the Showing Agent
Alaysia Means
eXp Realty
Contact Alaysia
Michigan Real Estate Professional Alaysia Means is devoted to servicing future home buyers and sellers in the Metro Detroit Area. Alaysia has a great reputation for going above and beyond for her clients. When working with her, you can count on nothing less than exceptional service and knowledge of the Metro Detroit area. Alaysia's main priority is making sure her clients receive the best service. She is committed to giving professional high quality real estate services. Her outgoing personality and relatable character has her going full speed ahead in her career. Alaysia possesses dynamic qualities that set her apart and enable her to successfully achieve the goals of the buyers and sellers she represents.
Map
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