1931 Lamothe Street Detroit, MI ^$ 50,000

1931 Lamothe Street

^$ 50,000

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1931 Lamothe Street

Detroit, MI, 48206

^$ 50,000

Studio Baths2.0 Sq 2,288

Monthly Estimate*

^$ 312

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Studio

Multi-Family Home for sale in Detroit, MI

for $50,000 with 2 full baths. This 2,288 square foot home was built in 1915 on a lot size of 0.1.

This parcel is government-owned and included in the Detroit Land Bank Authority (DLBA) program. 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. Please note that the DLBA 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 determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI. IDRBNG.

Multi-Family Active

Price

^$ 50,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,160

Style

Lot Size

0.1

Year Built

1915

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60940315

Features

General

Heating Other-See Remarks

Cooling Other

Possession At Close

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1915

Subdivision Whitneys MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 0

Ownership Government Owned

Municipality Detroit

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions From W Grand Blvd and Rosa L Parks Blvd go SW on Grand Blvd then NW on Dunedin St then NE on Lamothe

City Detroit

School District Detroit City School District

Financial Terms Cash

Legal Description S LAMOTHE 29 WHITNEYS SUB L27 P78 PLATS WCR 8/82 34.5 X 125

DOM 68

Postal Code 48206

Price Per Sq Ft Total AG 21.85

Public Remarks This parcel is government-owned and included in the Detroit Land Bank Authority (DLBA) program. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit's Plan

Exterior

Exterior Brick

Lot Size Area 0.1

Lot Dimensions 34.5X125

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 2

* Excluded Features

List By

Erick Monzo

Listing Agent

Keller Williams Realty-Great Lakes

Broker

erick@monzogroup.com

Affordability Calculator

$409

Per Month

Monthly Principal & Interest: $312
Monthly Property Taxes: $97
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$237,914

Percent of Sale Price 376%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/26/2025	$50,000		Listed Price

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1931 Lamothe Street, Detroit, MI, 48206 is a Multi-Family Home for sale at $50,000 with 2,288 sqft and a lot size of 0.1. 1931 Lamothe Street is a studio with 2.0 baths and was built in 1915. The property's zip code is 48206 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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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.

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1931 Lamothe Street

Multi-Family Home for sale in Detroit, MI

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