#20240071588, Erick Monzo, Listing Office: Keller Williams Realty-Great Lakes
Property details
About 537 Jefferson
Welcome to the latest offering from the Detroit Land Bank Authority. Over 12,000 sqft. of vacant land perfect for your new development ideas. Located in the Islandview subdivison. Total property consists of 7 total lots and is designated SD4. Sale includes: 499, 527, 535,521,505, and 515 Jefferson ct. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. Please note that the Detroit Land bank Authority 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 and/or lot combinations 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 abatements on the purchase and development financing. Please refer to DLBA proposal guidelines
Highlights
Summary
- Basement: No
- Attached Garage: No
- List Price: $73,214
- Directions: Jefferson ave east past meldrum to Jefferson ct. go north.
- Lot Size: 0.02 Acres
- MLS Number: 20240044863
- MLS Name: Realcomp II Ltd
- Office Name: Real Estate One-Southfield
- Office Phone: (248) 723-0055
- Listing Agent: Gene Kelley II
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Last updated on: 6/2/2025, 8:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$73,214
537 Jefferson
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Price information
Property sales
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Tax history
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Nearby schools
1
Detroit Academy of Arts and Sciences
Public Charter KG-5
0.6 mi
•2985 E Jefferson Ave
3
University Preparatory Science and Math Elementary School
Public Charter KG-5
1.1 mi
•2251 Antietam Ave
8
Chrysler Elementary School
Public District KG-5
1.4 mi
•1445 E Lafayette 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 $31,420. The most common annual income of people living in Detroit, MI is less than $<35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 537 Jefferson
The listing price of 537 Jefferson property is $73,214.
The property 537 Jefferson is land located in Detroit, Michigan, 48207.
Active Listing: 537 Jefferson is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 537 Jefferson are: Detroit Academy of Arts and Sciences (GreatSchools Rating 1/10), University Preparatory Science and Math Elementary School (GreatSchools Rating 3/10), Chrysler Elementary School (GreatSchools Rating 8/10), Detroit Academy of Arts and Sciences Middle School (GreatSchools Rating 1/10), Bunche Preparatory Academy (GreatSchools Rating 1/10), Garvey Academy (GreatSchools Rating 2/10), Martin Luther King Jr. Senior High School (GreatSchools Rating 3/10), University Preparatory Science and Math (PSAD) High School (GreatSchools Rating 3/10), Detroit Edison Public School Academy High School (GreatSchools Rating 6/10).
The property 537 Jefferson is 0.02 acres.
This home is located at 537 Jefferson in Detroit, MI and zip code 48207 in the Lower East neighborhood. Features: 0 bedroom, 0 bathroom. It has been listed on Rocket Homes since July 8, 2024 and is currently priced at $73,214.
Over 85 listings were sold over their listed price in May 2025 in Detroit, MI. In the same period over 169 listings were sold below the listed price and 74 listings were sold for the listed price. The inventory of homes for sale in Detroit, MI between April and May 2025 increased by 12.1%. While the average time on the market in May 2025 was 48 days, the median list price was $90,022.