“Brick Duplex Rehab Opportunity in Russell Woods – Detroit Land Bank Property”

Welcome to a rare and promising opportunity brought to you by the Detroit Land Bank Authority—a solid brick two-family flat located in the highly desirable Russell Woods subdivision. Known for its historic charm, strong architectural character, and ongoing revitalization efforts, Russell Woods is one of Detroit’s most sought-after neighborhoods for investors, renovators, and community-focused developers.

This property represents the next chance to become part of the transformation taking place throughout the area. While the home requires a major rehabilitation, its size, layout, and location make it an exceptional project for those with vision, resources, and the determination to bring a classic Detroit home back to life.

Whether you’re an experienced investor looking for your next project, a renovator committed to craftsmanship, or a developer interested in restoring a multi-family residence, this property is full of potential. Bring your hard hat, bring your budget, and bring your creativity—your next big project awaits.

🏚️ A Brick Two-Family Flat With Tremendous Potential

This classic brick duplex features a traditional two-family flat layout, one of Detroit’s most iconic and desirable housing designs. Properties like this offer both flexible living arrangements and strong rental potential after renovation.

Each unit in a typical Detroit duplex layout may include:

Separate entrances
2–3 bedrooms
Kitchens and bathrooms
Spacious living and dining areas
Basement access
Original architectural details

While this particular home requires a full overhaul, the structure and footprint create a perfect canvas for someone ready to invest their energy and resources. Restoring a two-family flat in a neighborhood like Russell Woods offers significant long-term value—especially as demand for renovated multi-family homes in Detroit continues to grow.

🏘️ The Highly Sought-After Russell Woods Neighborhood

Russell Woods is one of Detroit’s most architecturally rich and historically significant residential communities. With tree-lined streets, brick homes, and a convenient location, the neighborhood is full of potential for growth and revitalization.

Highlights of the area include:

Proximity to major roadways
Walking distance to parks and schools
Strong existing housing stock
Historic charm with large lots and mature trees
Ongoing neighborhood redevelopment efforts

Many homes in Russell Woods boast elegant architectural details—arched doorways, hardwood floors, fireplaces, and period-specific craftsmanship. Renovations in this neighborhood, when completed with quality and care, tend to show strong resale and rental value.

🔧 A Major Rehab for Serious Renovators

This property is not move-in ready. It requires a complete renovation, and buyers should approach the project with realistic expectations and a solid budget for repairs.

Potential renovations may include:

Electrical system upgrades
Plumbing replacement
Roof repair or replacement
HVAC installation
Window replacement
Structural reinforcement
New kitchens and bathrooms
Flooring, drywall, and insulation
Paint, fixtures, and finishing touches

Detroit Land Bank Authority listings are known for requiring substantial rehabilitation, and this property is no exception. Buyers must be prepared to take on all necessary work to bring the home into a safe, quality condition.

📄 Important Information About DLBA Tax Capture

Buyers must carefully review the Detroit Land Bank Authority’s tax capture policy, which applies to this property. The DLBA is legally entitled to a tax capture for the five tax years following the transfer of ownership.

Here’s what that means:

The tax capture may conflict with tax abatements or lot combinations
If you plan to apply for tax incentives, abatements, or combine adjacent lots, the tax capture could interfere.
DLBA may waive the tax capture in some cases
However, such waivers are not automatic. Buyers must formally submit a request.
A payment in lieu of taxes (PILOT) may be required
In order for DLBA to approve the waiver, the purchaser may need to make a payment.
The amount will depend on:
- The development proforma
- Proposed tax abatements
- Overall project financing and feasibility

Buyers are strongly encouraged to read the DLBA proposal guidelines before submitting offers. Understanding these rules upfront will help you prepare a financially sound and compliant renovation plan.

📑 Proposal, Financing, and Development Requirements

As with all Detroit Land Bank Authority properties, the buyer must demonstrate a clear and realistic plan for rehabilitation.

Your offer should include:

A detailed renovation proposal or scope of work
Proof of funds showing the ability to complete the entire project
A completed DLBA buyer application, if required
Any relevant experience or development history (useful for investors and contractors)

DLBA reviews each proposal carefully to ensure that buyers have the finances, commitment, and capacity to complete the project. Their goal is to promote successful rehabilitation and long-term improvement within Detroit neighborhoods.

💼 Who Should Consider This Property?

✔ Investors

A multi-family flat in Russell Woods has excellent rental potential after renovation. Once restored, the duplex format allows for two income streams or a live-in-one / rent-the-other situation.

✔ Developers & Contractors

This is the perfect undertaking for those familiar with full-scale rehab work. With major systems likely needing replacement, experienced renovators will find the project manageable and rewarding.

✔ Owner-Occupants With Vision

If you dream of creating your own beautiful home and using the other unit for family, guests, or rental income, this property is ideal. The sweat equity opportunity is significant.

🌆 Long-Term Value and Community Impact

Purchasing a Land Bank property isn’t just a transaction—it’s an investment in the future of Detroit. Restoring homes in Russell Woods helps strengthen the neighborhood, preserve its historic charm, and contribute to the city’s broader revitalization.

Once renovated, this property could offer:

Multi-family rental income
A spacious home with historic character
Long-term appreciation in a rising neighborhood
A valuable asset in a market where renovated duplexes are in demand

🏁 Final Thoughts: Your Next Project Starts Here

This brick two-family flat in the Russell Woods subdivision is a golden opportunity for buyers ready to take on a significant rehab project with the potential for substantial long-term rewards. With a solid structure, iconic architectural charm, and a neighborhood rich with history and development momentum, this property has everything needed to become a standout renovation success.

Bring your hard hat.
Bring your budget.
Bring your vision.

Your next project awaits—and it starts right here with the latest offering from the Detroit Land Bank Authority.

Listed on Zillow

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