#20250035556, Leonard A Pickett III, Clarence R Wilson, Listing Office: RCH Brokerage Legacy Inc
Property details
About 5001 Wabash St
Sold in a bundle with 5069 Wabash, 2119 Putnam, and 2125 Putnam totaling 12,223 sqft. All 4 lots sold together for 20k. Not sold separately. Great opportunity for infill housing development. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF or Pre-approval letter or a new construction loan. 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 abatement 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission.
Highlights
Home typeUnimproved Land
StatusActive
Lot size0.11 Acres
MLS #20250035543
Summary
- Basement: No
- Attached Garage: No
- List Price: $4,000
- Directions: TAKE WARREN HEADED EAAST PAST GRAND RIVER. MAKE LEFT ONTO WABASH. PROPERTY ON LEFT SIDE AT THE CORNER OF PUTNAM
- Lot Size: 0.11 Acres
- MLS Number: 20250035543
- MLS Name: Realcomp II Ltd
- Office Name: RCH Brokerage Legacy Inc
- Office Phone: (248) 440-2268
- Listing Agent: Leonard A Pickett III, Clarence R Wilson
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/29/2025, 9:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Price information
Property sales
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Tax history
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Nearby schools
1
University Preparatory Academy (PSAD) Elementary School
Public Charter KG-5
0.9 mi
•957 Holden St
2
University Preparatory Academy Psad Elementary School
Public Charter KG-5
1.2 mi
•435 Amsterdam St
2
Maybury Elementary School
Public District PK-5
2.4 mi
•4410 Porter St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,530. The most common annual income of people living in Detroit, MI is less than $<35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
47%
<35k
43%
35k-100k
10%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
73%
Single, No Kids
13%
Single, with Kids
9%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
4%
12-17 yrs old
35%
18-34 yrs old
42%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Popeyes
What do the neighbors drive?
Kia
Honda
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5001 Wabash St
The listing price of 5001 Wabash St property is $4,000.
The property 5001 Wabash St is land located in Detroit, Michigan, 48208.
Active Listing: 5001 Wabash St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5001 Wabash St are: University Preparatory Academy (PSAD) Elementary School (GreatSchools Rating 1/10), University Preparatory Academy Psad Elementary School (GreatSchools Rating 2/10), Maybury Elementary School (GreatSchools Rating 2/10), George Crockett Academy (GreatSchools Rating 2/10), Edmonson Montessori (GreatSchools Rating 7/10), Burton International Academy (GreatSchools Rating 2/10), Frederick Douglass Academy for Young Men (GreatSchools Rating 3/10), Legacy Academy (GreatSchools Rating 2/10), University Preparatory Academy Psad High School (GreatSchools Rating 4/10).
The property 5001 Wabash St is 0.11 acres.
This home is located at 5001 Wabash St in Detroit, MI and zip code 48208 in the Jeffries neighborhood. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $4,000.
In April 2025 more than 93 listings in Detroit, MI were sold above the asking price. During the same period more than 85 listings were sold at asking price, while more than 216 were sold below. Between March and April 2025, Detroit, MI real estate market has seen increase in the number of listings by 13.4%. The median list price of listings available in April 2025 was $90,000, while the average time on the real estate market was 47 days.
From Rocket Homes Real Estate and based on county public records data.