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8647 Schaefer, Detroit, MI 48228

Local realty services provided by:CENTURY 21 Signature Realty
8647 Schaefer,Detroit, MI 48228
$71,164
  • 0.82 Acres
  • Lots / Land
  • Active
Listed by: leonard a pickett iii
Office: rch brokerage legacy inc
MLS#:20261009675
Source:MI_REALCOMP

Price summary

  • Price:$71,164

About this home

This property is zoned R3.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 DLBA 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. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). 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 abatement 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

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Home facts

  • Listing ID #:20261009675
  • Added:1 day(s) ago
  • Updated:February 17, 2026 at 10:56 AM

Structure and exterior

  • Lot area:0.82 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$71,164
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