For sale

$10,000

12451 Racine St, Detroit, MI 48205

3beds

1,750sqft

N/A

Get pre-qualified

Single Family Residence

Built in 1925

3,920 Square Feet Lot

$-- Zestimate^®

$6/sqft

$-- HOA

What's special

Calling all investors. This property is zoned R1 and is located in Detroit's LaSalle College Park neighborhood. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. Please note that the DLBA 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 abatement 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 abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission information.

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Bedroom

Level: Entry
Area: 100
Dimensions: 10 X 10

Bedroom

Level: Entry
Area: 216
Dimensions: 18 X 12

Bedroom

Level: Entry
Area: 100
Dimensions: 10 X 10

Other

Level: Entry

Other

Level: Entry

Kitchen

Level: Entry
Area: 72
Dimensions: 8 X 9

Living room

Level: Entry
Area: 168
Dimensions: 14 X 12

Heating

Forced Air, Natural Gas

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 1,750 sqft
Finished area above ground: 1,750

Property

Parking

Parking features: No Garage

Features

Levels: One And One Half
Stories: 1.5
Entry location: GroundLevelwSteps
Pool features: None

Lot

Size: 3,920 Square Feet
Dimensions: 40 x 100.9

Details

Parcel number: W21I033605S
Special conditions: Government Owned,Short Sale No

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Materials

Wood Siding
Foundation: Basement, Poured

Condition

New construction: No
Year built: 1925

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: GRATIOT HIGHLANDS SUB

HOA

Has HOA: No

Location

Region: Detroit

Financial & listing details

Price per square foot: $6/sqft
Tax assessed value: $14,300
Annual tax amount: $1,787
Date on market: 10/16/2026
Cumulative days on market: 2 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash

Estimated market value

Not available

Estimated sales range

Not available

$1,122/mo

Price history

Date	Event	Price
10/17/2026	Listed for sale	$10,000+900%$6/sqft
Source: Realcomp II #20261084022 Report a problem
5/14/2021	Listing removed	--
Source: Detroit Land Bank Authority Report a problem
1/21/2021	Listed for sale	$1,000$1/sqft
Source: Detroit Land Bank Authority Report a problem
10/25/2020	Listing removed	$1,000$1/sqft
Source: Detroit Land Bank Authority Report a problem
4/27/2020	Listed for sale	$1,000+150%$1/sqft
Source: Detroit Land Bank Authority Report a problem
10/17/2002	Sold	$400
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$14,300 +23.3%
2024	--	$11,600
2023	--	--
2022	--	--
2021	--	--
2020	--	--
2019	--	--
2018	--	--
2017	--	--
2016	$988	--
2015	$988 +29.3%	--
2013	$764 -22.7%	$7,642 -31.8%
2010	$988	$11,203 -39.2%
2009	--	$18,412 -13.5%
2008	--	$21,285
2007	--	$21,285 +5.5%
2005	$153	$20,175 +3%
2004	--	$19,587 +70.9%
2001	$954 +10.1%	$11,462 +3.2%
2000	$867	$11,107