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Sold for $58,000
  • $58,000

    503 E Edsel Ford Fwy, Detroit, MI 48202

    --beds
    --baths
    0.25Acres
    Land
    Built in ----
    0.25 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,406 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,406/mo

    Zestimate® history
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    What's special

    Unmatched value in the heart of Detroit’s redevelopment zone! This vacant lot at 503 E Edsel Ford offers an incredible chance to invest in Milwaukee Junction, one of the city’s most strategically located and fastest-growing neighborhoods—at a price that’s hard to beat. The iconic Fisher Body Plant, promising to bring retail, residential, and entertainment to the area. Just minutes from Midtown, Downtown, and New Center, the property is surrounded by some of the city’s best amenities—Wayne State University, the Detroit Institute of Arts, the QLINE rail, Henry Ford Hospital, and the Motown Museum are all nearby. The area is buzzing with popular dining spots like The Congregation, Supino Pizzeria, and Oak & Reel, plus creative hubs, art studios, and tech companies fueling the city's renaissance. Easy access to I-94, I-75, and Woodward Avenue makes this a commuter-friendly location with high visibility and traffic. Perfect for investors, builders, or developers looking for residential, commercial, or mixed-use potential in a prime urban corridor. Take part in shaping the future of Detroit—opportunities like this are rare and rapidly disappearing!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jaedin Glenn 888-501-7085,

    EXP Realty Main

    Bought with:

    Zachary Macksoud, 6501464629

    Great American Realty

    Source: Realcomp II,MLS#: 20251034691MLS Logo

    Facts & features

    Interior

    Features
    • Has basement: No
    • Has fireplace: No

    Property

    Lot
    • Size: 0.25 Acres
    • Dimensions: 85 x 130
    Details
    • Parcel number: W03I001676S
    • Zoning description: Residential
    • Special conditions: Short Sale No,Standard

    Utilities & green energy

    • Sewer: Unknown
    • Water: Waterat Street

    Community & HOA

    Community
    • Subdivision: PLAT OF COMMISSIONERS SUB OF L BEAUBIEN FARM (CR)
    HOA
    • Has HOA: No
    Location
    • Region: Detroit

    Financial & listing details

    • Tax assessed value: $1,100
    • Annual tax amount: $83
    • Date on market: 9/9/2025
    • Cumulative days on market: 536 days
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Quit Claims Deed,Warranty Deed
    • Exclusions: Exclusion(s) Do Not Exist

    Price history

    DateEventPrice
    11/5/2025Sold$58,000-31.8%
    Source: Realcomp II #20251034691 Report a problem
    10/15/2025Pending sale$85,000
    Source: Realcomp II #20251034691 Report a problem
    9/9/2025Price change$85,000-15%
    Source: Realcomp II #20251034691 Report a problem
    4/25/2025Price change$99,999-16%
    Source: Realcomp II #20250029472 Report a problem
    7/9/2024Price change$119,000-14.4%
    Source: Realcomp II #20240026837 Report a problem
    4/25/2024Listed for sale$139,000-30.5%
    Source: Realcomp II #20240026837 Report a problem
    2/1/2024Listing removed--
    Source: Realcomp II #20221069934 Report a problem
    7/28/2023Listed for sale$200,000
    Source: Realcomp II #20221069934 Report a problem
    7/11/2023Listing removed--
    Source: Realcomp II #20221069934 Report a problem
    1/30/2023Listed for sale$200,000
    Source: Realcomp II #20221069934 Report a problem
    1/12/2023Listing removed--
    Source: Realcomp II #20221069934 Report a problem
    12/21/2022Listed for sale$200,000+11.1%
    Source: Realcomp II #20221069934 Report a problem
    1/14/2021Listing removed--
    Source: Realcomp II Report a problem
    12/8/2020Listed for sale$180,000+20%
    Source: Tyraa Nicole Properties LLC #2200098974 Report a problem
    10/31/2019Listing removed$150,000
    Source: USRealty.com, LLP #219039417 Report a problem
    5/2/2019Listed for sale$150,000
    Source: USRealty.com, LLP #219039417 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $1,100
    2024-- $1,100
    2023-- $1,100
    2022-- $1,100
    2021-- $1,100
    2020$141 +48%$1,100
    2019$95 $1,100
    2018$95 $1,100 -8.3%
    2017-- $1,200 -75%
    2016$158 $4,800 +300%
    2015$158 -26.1%$1,200 -50.8%
    2013$213 +35.3%$2,438 -12%
    2010$158 $2,771
    2009-- $2,771
    2008-- $2,771
    2007-- $2,771 +5.5%
    2005$21 $2,627 +3%
    2004-- $2,550
    Find assessor info on the county website

    Neighborhood: Art Center

    Nearby schools

    GreatSchools rating