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12451 Racine Street Detroit, MI $ 10,000
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12451 Racine Street
$ 10,000
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12451 Racine Street

Detroit, MI, 48205
$ 10,000
Bedrooms3 Baths1.1 Sq 1,750

Monthly Estimate*

$ 69

12451 Racine Street, Detroit, MI 48205 - Image 1
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12451 Racine Street, Detroit, MI 48205 - Image 14
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Single Family Home for sale in Detroit, MI

for $10,000 with 3 bedrooms and 1 full bath, 1 half bath. This 1,750 square foot home was built in 1925 on a lot size of 0.09.

Calling all investors. This property is zoned R1 and is located in Detroit's LaSalle College Park neighborhood. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. 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. See attached documents for DLBA requirements and offer submission information.

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Single Family Active

Price

$ 10,000

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 1,787

Style

Bungalow

Lot Size

0.09

Year Built

1925

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61039784
Features
General
Heating Forced Air
Kitchen Level Entry
Possession At Close
Water Public Water
Status Active Active
Full Baths 1
Half Baths 1
Bathrooms 2
Year Built 1925
Subdivision Gratiot Highlands Sub MI
Style Bungalow
County Wayne
Class RESIDENTIAL
Type Single Family
Ownership Government Owned
Municipality Detroit
Sale/Rent For Sale
Status Detail 0
Structure Style 1 1/2 Story
Area Detroit (82001)
Primary City Detroit
Directions TAKE MCNICHOLS HEADED EAST PASS CONNER. MAKE RIGHT ONTO RACINE.
City Detroit
School District Detroit City School District
Financial Terms Cash
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2027. W RACINE 106 BLK F GRATIOT HIGHLANDS SUB L29 P64 PLATS
DOM 2
Postal Code 48205
Price Per Sq Ft Total AG 5.71
Public Remarks Calling all investors. This property is zoned R1 and is located in Detroit's LaSalle College Park neighborhood. Property needs full rehab. Buyer must submit a proposal to purchase. This should include
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Interior
Basement Unfinished
Bedroom 3 Level Entry
Bedroom 1 Level Entry
Bedroom 2 Level Entry
Beds 3
Fireplace? No
Total Rooms 7
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Exterior
Exterior Wood
Frontage 40
Lot Size Area 0.09
Pool (Y/N) No
Lot Dimensions 40X100.9
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Leonard Pickett

Listing Agent

Rch Brokerage Legacy Inc

Broker

lpickettiii@rchlegacy.com

Email

Affordability Calculator

$218
Per Month
32%
68%
0%
Monthly Principal & Interest
$69
Monthly Property Taxes
$149
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
759604 Elementary School
760475 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/17/2026$10,000 Listed Price

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12451 Racine Street, Detroit, MI, 48205 is a Single Family Home for sale at $10,000 with 1,750 sqft and a lot size of 0.09. 12451 Racine Street has 3 bedrooms, 1.1 baths, and was built in 1925. The property's zip code is 48205 which is in Detroit, MI

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