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Jenn Smart

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15394 Freeland , Detroit, MI 48227
$30,000
Est. Payment: $156.33/mo
3 Bed
1 Bath
1203 Sqft
Status: active | Days on site: 89
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Great investment opportunity! Welcome to 15394 Freeland St, a solid brick 3-bedroom, 1-bath bungalow located in Detroit's Bethune Community. This property offers excellent potential for both homeowners and investors seeking value and long-term upside in a stable residential neighborhood. The home features a traditional layout with spacious living areas, ample natural light, and well-sized bedrooms. The brick exterior provides durability and classic curb appeal, while the interior offers a strong foundation ready for renovation and customization. Situated on a residential block with a mix of occupied homes and ongoing improvements, the area continues to show steady demand and revitalization. Conveniently located near schools, parks, shopping, and major roadways, with easy access to Downtown Detroit and surrounding areas. Sale is subject to approval by the Detroit Land Bank Authority (DLBA) and execution of a DLBA Renovation/Development Agreement. Purchaser must submit a complete proposal to DLBA, including intended use and renovation timeline, proof of funds, detailed scope of work with cost breakdown, and documentation of prior renovation projects (addresses and photos). Buyers are encouraged to review applicable Neighborhood Framework Plans published by the City of Detroit Planning and Development Department (PDD) for additional neighborhood context. DLBA retains the right to tax recapture for five (5) years following transfer of ownership. This provision may be incompatible with certain tax abatements or lot combinations. Waiver requests are reviewed on a case-by-case basis and may require payment in lieu of taxes, subject to DLBA review of project financing and development pro forma. Property sold as-is. Buyer to verify all information. Ideal opportunity for investors, rehabbers, or owner-occupants looking to renovate and add value in Detroit's Bethune Community.

Highlights

Listed by Adam Hage , 313-598-2566 Atlas Properties Inc , 313-598-2566. MiRealSource, Inc. mls logo

Property Type

Residential

Lot/Acreage
0.09

Year Built

1937

County

Wayne

Area

Detroit (82001)

Neighborhood

University Park

School District

Detroit City School District

Listing ID

60982760

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:1
  • Full Bathrooms:1
Above Ground Sq Ft:1203
Basement:Unfinished
Water:Public Water

Exterior Features

Lot Dimensions:40X110
Parking Features:Detached Garage
Principal Interest
$156
Taxes
$130

Home Price

$30,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$6,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$156.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $156.33 $130.42 $0.00 $286.75
Yearly $1,876.01 $1,565.00 $0.00 $3,441.01
Total $56,280.30 $46,950.00 $0.00 $103,230.30
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T03:11:55.100Z

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