Great investment opportunity! Welcome to 15394 Freeland St, a solid brick 3-bedroom, 1-bath bungalow located in Detroit’s Bethune Community. This property offers excellent potential for both homeowners and investors seeking value and long-term upside in a stable residential neighborhood. The home features a traditional layout with spacious living areas, ample natural light, and well-sized bedrooms. The brick exterior provides durability and classic curb appeal, while the interior offers a strong foundation ready for renovation and customization. Situated on a residential block with a mix of occupied homes and ongoing improvements, the area continues to show steady demand and revitalization. Conveniently located near schools, parks, shopping, and major roadways, with easy access to Downtown Detroit and surrounding areas. 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 to DLBA, including intended use and renovation timeline, proof of funds, detailed scope of work with cost breakdown, and documentation of prior renovation projects (addresses and photos). Buyers are encouraged to review applicable Neighborhood Framework Plans published by the City of Detroit Planning and Development Department (PDD) for additional neighborhood context. DLBA retains the right to tax recapture for five (5) years following transfer of ownership. This provision may be incompatible with certain tax abatements or lot combinations. Waiver requests are reviewed on a case-by-case basis and may require payment in lieu of taxes, subject to DLBA review of project financing and development pro forma. Property sold as-is. Buyer to verify all information. Ideal opportunity for investors, rehabbers, or owner-occupants looking to renovate and add value in Detroit’s Bethune Community.
Listed By
Agency Name: Atlas Properties Inc
Agency Phone: (313) 598-2566
Shown By
Agent Name: James Dewling
Agent Phone: (810) 227-1016 ext. 213
Agency Title: Griffith Realty
Estimated Payment
$ 100.44 per month $88.80 Principal & Interest $0.00 Property Tax (data not provided by mls) $11.64 Homeowner's Insurance
15394 Freeland Street | MLS# 20261022150
This single family home located at 15394 Freeland Street, Detroit, MI 48227 is currently listed for sale with an asking price of $39,900. This property was built in 1937 and has 3 bedrooms and 1 full baths with 1203 sq. ft. Freeland Street is located in the University Park subdivision within the Detroit school district. Search University Park real estate on james.griffithrealty.com today.