7320 E LAFAYETTE ST, Detroit, MI 48214

Detroit
Local realty services provided by:ERA Prime Real Estate Group
7320 E LAFAYETTE ST,Detroit, MI 48214
$115,000
  • 0.3 Acres
  • Lots / Land
  • Active
Listed by: bill swanson
Office: o'connor realty detroit, llc.
MLS#:20240050145
Source:MI_REALCOMP

Price summary

  • Price:$115,000

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:20240050145
  • Added:727 day(s) ago
  • Updated:July 21, 2026 at 09:54 AM

Structure and exterior

  • Lot area:0.3 Acres
  • Lot Features:Corner Lot, Sidewalk

Utilities

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

Finances and disclosures

  • Price:$115,000
  • Tax amount:$103
MLS Logo

New listings near 7320 E LAFAYETTE ST