2 Locations

Excellent multifamily redevelopment opportunity in Detroit’s Dexter–Linwood neighborhood with this pair of R5-zoned apartment structures located at 1605 and 1627 Collingwood. Together, the properties offer a substantial footprint for investment, with 1605 Collingwood featuring a 8,385 sq ft building on an (0.19-acre) lot, and 1627 Collingwood featuring 12,870 sq ft on a (0.30-acre) parcel. Situated within the Dexter–Linwood focus area, these sites benefit from increased attention and planned corridor improvements, making them strong candidates for full renovation, repositioning, or redevelopment into modern multifamily housing. With large lot sizes, flexible high-density zoning, and proximity to major routes, these buildings present a compelling opportunity for developers seeking scale and long-term value in an emerging residential corridor.

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.