Description
Great investment opportunity! DLBA-owned **two-family duplex** located at **7360 Georgia St** in Detroit's **Airport Sub** community. This spacious property features **two separate units, each offering 3 bedrooms and 1 bathroom (3-bedroom upper unit and 3-bedroom lower unit)**, presenting an excellent opportunity for renovation, rental income, or owner-occupancy with additional income potential. Conveniently located near major freeways, shopping, dining, schools, parks, and other neighborhood amenities, with easy access to Downtown Detroit, the I-94 corridor, and Detroit Metropolitan Wayne County Airport. The area continues to benefit from public and private investment, neighborhood stabilization efforts, and ongoing redevelopment. Sale is subject to approval by the Detroit Land Bank Authority (DLBA) and execution of a DLBA Renovation/Development Agreement. Purchaser must submit a complete proposal package including intended use, renovation timeline, proof of funds, detailed scope of work with cost breakdown, and documentation of prior renovation projects (addresses and photos). The DLBA recommends reviewing applicable Neighborhood Framework Plans through the City of Detroit Planning and Development Department. Property is sold as-is. DLBA retains the right to tax recapture for five (5) years following transfer of ownership. Certain tax abatements, lot combinations, or assemblages may require DLBA review and approval. Buyer to verify all information.
Details
| MLS # | 20261055739 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 100 |
| Listing Provided By | Atlas Properties Inc | Adam Hage |
Features
| Bath(s) | 2 Total |
|---|---|
| SQ Feet | 1,920 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | Residential |
| Acreage | 0.06 |
| Water Front | Yes |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Central Air |
| Heating Yes / No | Yes |
| Heating | Forced Air, Natural Gas |
Exterior
| Construction Materials | Wood Siding |
|---|---|
| Foundation Details | Basement, Poured |
Parking
| Garage Yes / No | No |
|---|---|
| Attached Garage Yes / No | No |
Taxes
| Tax Annual Amount | 940 |
|---|
Area Information
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48213 |
| Area | Det |
| Community Name | EPSTEANS GEO G VAN DYKE PARK 2 |
| School District | Detroit |
| High School | Detroit |
| Listing VS Median (in EPSTEANS GEO G VAN DYKE PARK 2) | |
Price: $15,000 low | high Med: $15,000 sqft: 1,920 low | high Med: 1,920 $ / sqft: $8 low | high Med: $8 On site: 100 low | high Med: 100 | |
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Learn More About This Property
| State | MI |
|---|---|
| County | Wayne |
| City | Detroit |
| Zip Code | 48213 |
| Area | Det |
| Community Name | EPSTEANS GEO G VAN DYKE PARK 2 |
| School District | Detroit |
| High School | Detroit |
| Listing VS Median (in EPSTEANS GEO G VAN DYKE PARK 2) | |
Price: $15,000 low | high Med: $15,000 sqft: 1,920 low | high Med: 1,920 $ / sqft: $8 low | high Med: $8 On site: 100 low | high Med: 100 | |
