2 Locations

Solid investment opportunity in Detroit’s Airport Sub neighborhood with this two-family flat located at 8315 Marcus. Situated on a 3,510 sq ft lot, this commercial structure sits within a designated Jobs and Amenity Development Area along the Mt. Elliott Corridor, bringing long-term growth potential to the area. Zoned R1, the property provides flexibility for residential or redevelopment use, making it ideal for investors looking to reposition, renovate, or add to a rental portfolio in an area experiencing renewed activity and accessibility.

Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after DLBA review of the development pro forma and financing.