3345 E Ferry Street, Detroit, MI 48211
Local realty services provided by:CENTURY 21 Dynamic Realty
3345 E Ferry Street,Detroit, MI 48211
$19,900
- 3 Beds
- 1 Baths
- 1,363 sq. ft.
- Single family
- Active
Listed by: catina willis
Office: next level realty & investments
MLS#:20251060612
Source:MI_REALCOMP
Price summary
- Price:$19,900
- Price per sq. ft.:$14.6
About this home
Redevelopment opportunity in Poletown East/Farnsworth neighborhood. The existing structure will require rehabilitation, making this site well-suited for investors, builders, or end users looking to create a project aligned with neighborhood revitalization efforts. The property is positioned with convenient access to Midtown, the Detroit Medical Center, Eastern Market, GM, and surrounding east-side neighborhoods. The surrounding micro-neighborhood reflects continued reinvestment, including new development, renovations, and urban agriculture initiatives, offering strong potential for future growth in accordance with Detroit Land Bank Authority program requirements. Room measurements are estimated and should be verified. 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 settlement in lieu of taxes, determined after DLBA review of the development pro forma and financing.
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Home facts
- Year built:1913
- Listing ID #:20251060612
- Added:55 day(s) ago
- Updated:March 03, 2026 at 11:00 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:6
- Basement Description:Unfinished
- Living area:1,363 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1913
- Building area:1,363 sq. ft.
- Lot area:0.12 Acres
- Architectural Style:Victorian
- Construction Materials:Wood Siding
- Exterior Features:Lighting
- Foundation Description:Basement, Block
- Levels:One and One Half
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$19,900
- Price per sq. ft.:$14.6
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