$115,000
$10K PRICE DROP

7320 E Lafayette St Detroit, MI 48214

Islandview Neighborhood

Estimated payment $646/month

Total Views 392,943
0.3 Acre
$383,333 Price per Acre
13,068 Sq Ft Lot

Highlights

  • 0.3 Acre Lot
  • Cass Technical High School Rated 10
  • Corner Lot

About This Lot

Nice sized buildable land in Islandview in the vibrant and growing Villages neighborhood.

Low Income Housing Income Tax Potential – According to the U.S. Housing and Urban Development website, this property is located in a Qualified Tract Zone, which allows for an additional 30% of low income housing credits, in addition to the 9% credit on qualified development costs. Buyer to Verify

Zoning - The property is zoned R5, which allows for apartments/affordable housing to be constructed. Also, R5 zoning may allow for certain specified non-residential uses, as long as those uses can be blended into the district. So, for example, the first floor of a building could be rented out to businesses such as convenience stores, gyms, hair/nail salon, and other businesses which directly support residents.

Listing Agent

Bill Swanson

O'Connor Realty Detroit, LLC License #6501381221

Property Details

Property Type

  • Land

Est. Annual Taxes

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 125 x 103
  • Corner Lot
  • Property is zoned Multi-Family

Utilities

  • Sewer in Street

Community Details

  • M. W. Fields Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17013509..11

Property Details

Property Type

Land

Est. Annual Taxes

$103

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 1200.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 103
  • Road Frontage Type: Paved

Utilities

  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Area: 0.30
  • Lot Dimensions: 125 X 103
  • Parcel Number: 17013509..11
  • Zoning: Multi-Family, Residential
  • Improvements: Electric, Gas

Tax Info

  • Tax Amount Summer: 92.0000
  • Tax Amount Winter: 11.0000
  • Total Tax: 103.0000
  • Taxable Value: 1200.0000

MLS Schools

  • School District: Detroit

Map

Range of Values:

Collateral Analytics

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 Price Changed $115,000 -8.0% --
07/23/2024 07/23/24 For Sale $125,000 -- --
Source: Realcomp

About the Listing Agent

Bill Swanson
Bill Swanson

O'Connor Realty Detroit, LLC

(855) 490-7132

Section Image

Bill Swanson is one of the top real estate agent based in Detroit with extensive knowledge of Detroit and its neighborhoods. Bill lives., works, plays and raising his family in Detroit.

View Bill's Profile

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  • 600 Smith St, Detroit, MI 48202

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  • 584 Smith St, Detroit, MI 48202

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    One of three contiguous vacant lots available in Detroit's Popular North End. New development opportunity. One more adjacent lots is owned by the Detroit Land Bank Authority, providing the opportunity for a larger build site . Three contiguous lots, all three lots must be purchased together. Price $30,000 each for 574, 584 ands 600 Smith.

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Source: Realcomp

MLS Number: 20240050145

Realcomp

APN: 17-013511.002L

Michigan Wayne County Detroit 48214 Islandview

7320 E Lafayette St, Detroit, MI

Homes for Sale in Detroit, MI

This home is located at 7320 E Lafayette St, Detroit, MI 48214 and is currently priced at $115,000. 7320 E Lafayette St is a home located in Wayne County with nearby schools including Ralph J.Bunche Preparatory Academy, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Bill Swanson
Bill Swanson
Listing Agent Section Image
O'Connor Realty Detroit, LLC
(855) 490-7132