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8647 Schaefer, Detroit, MI 48228

Detroit
Local realty services provided by:CENTURY 21 Northland
8647 Schaefer,Detroit, MI 48228
$71,164
  • 0.82 Acres
  • Lots / Land
  • Active
Listed by: leonard pickett
Office: rch brokerage legacy inc
MLS#:60969998
Source:MI_REALSOURCE

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

  • Subdivision & Development:MORE THAN ONE LEGAL INVOLVED
  • Listing ID #:60969998
  • Added:165 day(s) ago
  • Updated:August 01, 2026 at 10:29 AM

Structure and exterior

  • Lot area:0.82 Acres

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$71,164
MLS LogoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. MI_REALSOURCE Member Broker: Brad Platt

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