Listed By:
RE/MAX Leading Edge - 3132777777
Address
3814 Montgomery Street, Detroit, MI
Price
$ 19,999
Property Attributes
  • ID#20261067423
  • TypeSingle Family
  • Listing Status Active
  • CountyWAYNE
  • CityDetroit
  • AreaDet Livernois I756 Gd River
  • NeighborhoodHOLDEN & MURRAYS 2ND SUB
  • Zip48206
  • StyleColonial
  • Year Built1915
  • Taxes$ 2584
  • Price$ 19,999
  • Bedrooms4
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1495
  • Lot Size0.13 Acres
Data Source:
RealComp
Property Description

Attention investors, check out this latest offering from the Detroit Land Bank Authority. Welcome to an incredible investment opportunity in the Petoskey-Otsego neighborhood with 3 bedrooms, 1 bathroom, and over 1,400 sq. ft. of living space. Property requires a full renovation, offering investors a chance to restore a classic Detroit home. Spacious layout with original character still intact. 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 abatements 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. Located minutes from Downtown Detroit, this home sits on a spacious lot with strong neighborhood potential. Recent sales of renovated homes in the area suggest an ARV in the $215k+ range, depending on finishes and scope of work.

Price History
8/24/2026 Listed $19,999

General Features

Sewer PublicSewer
Heating ForcedAir, NaturalGas
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Architectural Style Colonial, Other
Pool Features None
Construction Materials Brick
Year Built 1915
Levels Two
Property Subtype SingleFamilyResidence
County Wayne
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name HOLDEN & MURRAYS 2ND SUB
Garage Y/N No
Total Rooms 4
Full Baths 1
Status Active
Directions W DEXTER E W GRAND BLVD
City DetroitCity_Wayne
Disclosures Restrictions, TaxesNotHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N No
High School District Detroit
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 2584.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 12800
Expected Active Date 2026-08-23
MobileHomeRemainsYN No
PostalCity Detroit_Wayne
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2029. N MONTGOMERY 262 W 17.5FT 263 HOLDEN & MURRAYS 2ND SUB L27 P77 PLATS, W C R

Interior Features

Basement Unfinished
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 1495.0
Total Bedrooms 4
LivingAreaSource Owner
Above Grade Finished Area Unit Type SquareFeet
Total Baths 1

Exterior Features

Parking Features NoGarage
Water Source Public
Foundation Details Basement, BrickMortar
Spa No
Lot Dimensions 52.5X107
Lot Size Acres 0.13
Waterfront Y/N No
Road Frontage Type PrivateRoad
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via REMAX Leading Edge and The Originating MLS(found above), © 2026 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of September 21, 2026 3:47 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Single Family Average in 48206

Price
AVG $260K
$20K
Taxes
AVG $3,062
$2,584
Year Built
AVG 1920
1915
Visits
AVG 165
45
Data Provided by Inside Real Estate®