Detroit Land Bank Opportunity — 3-Bedroom Bungalow in the Revitalizing Fitzgerald/Marygrove Neighborhood

If you have been searching for an affordable investment opportunity in one of Detroit’s most promising and revitalizing neighborhoods, this Detroit Land Bank Authority (DLBA) bungalow located in the Fitzgerald/Marygrove area is a chance you won’t want to miss. With 3 bedrooms, 1 bathroom, and incredible long-term potential, this home is an ideal choice for investors, first-time buyers ready for a project, or anyone looking to be part of Detroit’s remarkable comeback story.

This property is more than a home—it is an invitation to join a neighborhood experiencing renewed energy, community-driven development, and growing demand. With its proximity to parks, schools, and the University of Detroit Mercy, this location offers convenience, walkability, and a strong foundation for long-term value. Whether you’re planning a full renovation, a rental investment, or a future primary residence, this DLBA opportunity provides the perfect entry point.

A Classic Detroit Bungalow with Room to Reimagine

This charming Detroit bungalow offers a simple yet flexible layout, providing ample room for customization. The home includes:

• 3 bedrooms

• 1 full bathroom

• A spacious living area

• A traditional bungalow floor plan

• Room for interior reconfiguration

• Potential for additional finished space depending on design vision

Inside, the home is ready for your creativity and renovation plans. Whether you prefer to restore the bungalow’s original charm or modernize the interior with contemporary finishes, the possibilities are wide open.

Imagine turning the main living area into an open-concept space filled with natural light. Picture a refreshed kitchen with updated appliances, new countertops, and stylish cabinetry. Consider transforming the bedrooms into comfortable, quiet retreats. This home offers the structure; you bring the vision.

Located in One of Detroit’s Most Exciting Revitalization Zones

The Fitzgerald/Marygrove neighborhood has become a focal point for Detroit’s renewal. With ongoing community investments, improved public spaces, and an influx of new residents, this area has become an attractive destination for homeowners, students, and investors alike.

Key highlights of the neighborhood include:

Proximity to the University of Detroit Mercy

Just minutes away, this major Detroit institution brings stability, culture, foot traffic, and ongoing development to the local area. Homes near universities often see increased demand from renters, staff, and faculty.

Access to Nearby Parks

Green spaces such as Ella Fitzgerald Park provide residents with recreation areas, gathering spots, community events, and safe places for families to enjoy the outdoors.

Local Schools & Community Services

Nearby educational options and community centers make this a practical location for families and long-term residents.

Neighborhood Revitalization Projects

The Fitzgerald Revitalization Project has received national attention for its approach to transforming vacant lots into greenways, bike paths, gardens, and revived housing. The continued growth of the area contributes to rising home values, community pride, and increased interest from buyers.

This is the kind of neighborhood where early investment can yield powerful long-term returns.

A Perfect Project for Investors, Renovators, or First-Time Buyers

Whether you’re a seasoned investor or just beginning your real estate journey, DLBA properties offer tremendous value for those willing to renovate and restore. This bungalow is no exception. With its solid bones and inviting structure, it is ideal for:

• Buy-and-hold investors

• Rental property strategies

• First-time homebuyers eager to build equity

• Home flippers looking for affordable inventory

• Anyone passionate about historic Detroit neighborhoods

Buying through the Detroit Land Bank means you understand the opportunity—and the responsibility—of revitalizing properties that help strengthen communities. This home offers a great balance of manageable renovation scope and strong return potential.

Be Part of Detroit’s Ongoing Comeback

Detroit continues to evolve, grow, and thrive. Neighborhoods once overlooked are now receiving the investment, attention, and community engagement they deserve. The Fitzgerald/Marygrove area is one of the city’s brightest examples of purposeful rejuvenation—driven by local residents, community leaders, and citywide initiatives aimed at creating sustainable, welcoming neighborhoods.

Purchasing this property allows you to play a role in Detroit’s rebirth, contributing to the stability and beauty of the area. Each renovated home adds value not just to the block, but to the entire city.

Important DLBA Information for Buyers

As with all Detroit Land Bank Authority properties, buyers should be aware of specific conditions and requirements associated with the purchase:

• The property is being sold as-is, without repairs or warranties.

• Buyers are typically expected to complete renovations within the DLBA timeline and guidelines.

• The DLBA is entitled to a tax capture for the five tax years following the transfer of ownership.

• This tax capture may conflict with certain tax abatements that would otherwise be available to the purchaser.

• Buyers may request that DLBA waive the tax capture, but approval is not guaranteed.

• DLBA may require a payment in lieu of taxes as part of the waiver approval process.

These requirements ensure that renovations are completed in a timely and responsible manner, contributing to the long-term health of the neighborhood.

Close to Everything Detroit Has to Offer

Living in the Fitzgerald/Marygrove area means enjoying the convenience of quick access to many of Detroit’s top destinations:

• University of Detroit Mercy

• Marygrove Conservancy

• Palmer Park

• Restaurants, cafes, and local shops

• Major roadways for commuting

• Cultural attractions

• Recreational walking and biking paths

Whether you’re looking to live near the university, invest in long-term rental opportunities, or simply want to join a community with momentum, this location offers the best of both comfort and convenience.

An Affordable Opportunity with Significant Upside

Given Detroit’s growing housing market and the focused revitalization efforts in this particular area, this bungalow represents an excellent opportunity to invest in a property with strong future potential. As the neighborhood continues to grow and attract new development, renovated homes will likely see increased value and demand.

Early buyers in revitalizing neighborhoods often experience some of the most rewarding equity growth—and the chance to be part of a community at a transformative moment in its history.

Your Chance to Shape the Future of a Detroit Neighborhood

If you’re ready to roll up your sleeves, invest in a promising property, and contribute to Detroit’s ongoing resurgence, this bungalow is your opportunity. Bring your vision, your renovation plans, and your passion for making a difference. This home, with its solid structure and ideal location, is waiting for someone to restore it, reimagine it, and give it the fresh new beginning it deserves.

Your next investment project—or your future dream home—starts here in Fitzgerald/Marygrove.

Listed on Zillow