For sale

$15,000

4824 Cortland St, Detroit, MI 48204

6beds

2,406sqft

N/A

Get pre-qualified

Multi Family

Built in 1926

-- sqft lot

$-- Zestimate^®

$6/sqft

$-- HOA

What's special

Welcome to this exciting new offering presented by the Detroit Land Bank! This multifamily home features two spacious units, providing an excellent investment opportunity. Ideal for investors ready to restore and revitalize, this property holds great potential for generating future income. Don't miss the chance to bring this home back to life and make it a valuable asset. This property is being sold as is. 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.

660 days

314

18

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 2,406 sqft
Finished area above ground: 2,406

Property

Parking

Total spaces: 1

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 3,920 Square Feet
Dimensions: 35.00 x 110.00

Details

Parcel number: W14I004583S
Zoning description: Residential
Special conditions: Government Owned,Short Sale No

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Multi Family

Materials

Brick
Foundation: Basement, Brick Mortar

Condition

New construction: No
Year built: 1926

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: RUSSELL WOODS (PLATS)

Location

Region: Detroit

Financial & listing details

Price per square foot: $6/sqft
Tax assessed value: $1,600
Annual tax amount: $1,228
Date on market: 11/4/2024
Cumulative days on market: 661 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash

Estimated market value

Not available

Estimated sales range

Not available

$1,023/mo

Price history

Date	Event	Price
4/4/2025	Price change	$18,900+26%$8/sqft
Source: Realcomp II #20250022293 Report a problem
11/4/2024	Listed for sale	$15,000$6/sqft
Source: Realcomp II #20240079043 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	--
2024	--	--
2023	--	--
2022	--	--
2021	--	--
2020	--	--
2019	--	--
2018	--	--
2017	--	--
2016	$1,228	--
2015	$1,228 +2.2%	$800 -94.3%
2013	$1,202 -2.1%	$14,129 -27.9%
2010	$1,228	$19,609 -18%
2009	--	$23,914 -15.5%
2008	--	$28,300 -3.5%
2007	--	$29,326 +5.5%
2005	$120	$27,797 +3%
2004	--	$26,987 +200.2%
2001	$749 +10.1%	$8,991 +3.2%
2000	$680	$8,712