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7320 E Lafayette Street

Detroit, Michigan 48214
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Acres0.30

Acre(Lot)

Nice sized buildable land in Islandview in the vibrant and growing Villages neighborhood. Low Income Housing Income Tax Potential – According to the U.S. Housing and Urban Development website, this property is located in a Qualified Tract Zone, which allows for an additional 30% of low income housing credits, in addition to the 9% credit on qualified development costs. Buyer to Verify Zoning - The property is zoned R5, which allows for apartments/affordable housing to be constructed. Also, R5 zoning may allow for certain specified non-residential uses, as long as those uses can be blended into the district. So, for example, the first floor of a building could be rented out to businesses such as convenience stores, gyms, hair/nail salon, and other businesses which directly support res idents.

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Detail Ic Property Details

Property Type : Vacant Land

Price : $115,000

AD Id : 57865782

MLS Id : 20240050145

Lot Size : 0.30 Acre(Lot)

County : Wayne

Subdivision: M. W. Fields Sub (plats)

  • Map Map

Map

Feature Features

  • Utility Features

    Sewer: Sewer at Street
  • Water

    Water at Street

  • Lot Information

    Lot Size: 0.30 Lot Dimensions: 125 X 103 Lot Features: Corner Lot Frontage Feet: 103
  • Property Information

    Subdivision: M. W. FIELDS SUB (PLATS) Financing: Cash

  • Listing Price Information

    Original List Price: $125,000
  • Listing Information

    Possession: At Close Legal Description: Lots 59, 60 & 61 "Plot of Moses Field Subdivision of Private Claim 16" .T.2S., R.12E., Hamtramck, Wayne County MI as recorded in Liber 4 Page 10 of Plots.

  • Tax Information

    Annual Tax: $103 Parcel Number: 17013509..11
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: Lots 59, 60 & 61 "Plot of Moses Field Subdivision of Private Claim 16" .T.2S., R.12E., Hamtramck, Wayne County MI as recorded in Liber 4 Page 10 of Plots.

  • Multi-Unit Information

    Road Frontage: Paved

  • School Information

    School District: Detroit
  • Utility Information

    Water: Water at Street Sewer: Sewer at Street
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 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., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 06/15/2026 @ 08:00

MLS: 20240050145 LISTED BY: Bill Swanson , O'Connor Realty Detroit, LLC 313-963-9891 SOURCE: Realcomp II Ltd

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