0.13 Acre Residential Lot – Detroit, MI

This 0.13-acre residential lot offers an affordable opportunity to own land in Detroit, Michigan, one of the Midwest’s largest and most historic cities. Located at 13028 Foley St, Detroit, MI 48227, the property sits within an established residential area and provides a great option for investors, builders, or buyers looking for an inexpensive homesite.

With road access and nearby utilities in the surrounding neighborhood, this lot could serve as a future build site, rental development opportunity, or long-term investment in Detroit’s real estate market.

Affordable residential lots in Wayne County at this price point are becoming increasingly limited, making this property an attractive opportunity for land buyers and investors.

💰 Price & Terms

Market Value: $10,000

Cash Price: $4,950

Owner Financing Price: $7,900

Down Payment (20%): $1,580

Monthly Payment Options

36 months: $212.64 / month
60 months: $143.48 / month
120 months: $93.99 / month

This makes it one of the more affordable residential land opportunities in Detroit.

🌟 Why Detroit (Wayne County)

Major U.S. City – Detroit is Michigan’s largest city and continues to see redevelopment and investment across many neighborhoods.

Economic Revitalization – The city has experienced steady growth in housing development, business investment, and infrastructure improvements.

Cultural & Historic Hub – Detroit offers world-class music, sports, museums, and entertainment.

Transportation Access – Easy access to major highways including I-96, I-75, and I-94, connecting Detroit to surrounding suburbs and regional markets.

🏙 Closest Cities

Dearborn: ~8 miles
Southfield: ~11 miles
Royal Oak: ~16 miles
Ann Arbor: ~40 miles

📍 Property Details

Address: 13028 Foley St, Detroit, MI 48227

County: Wayne County

Parcel Number: 22006565

Lot Size: 0.13 Acres

🚗 Property Access

The property is accessible via Foley St, with local road access through the surrounding residential neighborhood. Buyers should verify road frontage, parcel boundaries, and access using Wayne County records or mapping tools such as LandGlide or county GIS.

🏡 Area & Build Notes

Utilities may be available in the surrounding residential area (buyer to verify connection requirements).

The lot is located within a developed Detroit neighborhood, making it suitable for a future residential build or long-term land investment.

Potential uses include residential construction, investment holding, or redevelopment depending on local zoning regulations.

📈 Investment Opportunity

Residential lots in Detroit and Wayne County often sell for higher prices depending on location and improvements.

This property is offered at a discounted price of just:

👉 $4,950 cash
or
👉 $7,900 with owner financing

Making it a strong opportunity for investors, builders, or buyers looking to secure affordable land in Detroit.