$10,000
12451 Racine Street
Detroit, MI, 48205
Calling all investors. This property is zoned R1 and is located in Detroit’s LaSalle College Park neighborhood. Property needs full rehab. Buyer must submit a proposal to purchase. This should include detailed plans for rehab & financing plan w/ Proof Of Funds OR Pre- Approval letter on a new construction loan. 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. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing. BATVAI. See attached documents for DLBA requirements and offer submission information.
Property Details
Price:
$10,000
MLS #:
20261084022
Status:
Active
Beds:
3
Baths:
1.5
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Oct 15, 2026
Finished Sq Ft:
1,750
Total Sq Ft:
1,750
Lot Size:
3,920 sqft / 0.09 acres (approx)
Year Built:
1925
Schools
School District:
Detroit
Interior
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Heating
Forced Air
Exterior
Construction Materials
Wood Siding
Stories
2
Financial
Taxes
$1,787
Mortgage Calculator
Map
Current real estate data for Single Family in Detroit as of Nov 07, 2026
3,922
Single Family Listed
138
Avg DOM
84
Avg $ / SqFt
$153,923
Avg List Price
Community
- Address12451 Racine Street Detroit MI
- CityDetroit
- CountyWayne
- Zip Code48205
Subdivisions in Detroit
- ARDENWOOD
- Arthur Meyer Estate Subdivision
- Authur J Scullys Vogt Farms Sub
- B E TAYLORS SOUTHLAWN SUB NO 3 PLATS
- Baldwin Park Plats
- BartonMcFarland
- Berry Park
- Birwood Sub
- Blackstone Park
- BONAPARTE PARK PLATS
- Boston Blvd
- Cass Farms
- Charles Engel Plats
- Chas Bewicks Sub
- College Drive
- COOPERS LEIGH G CADIEUX SEVEN
- Detroit City
- DEXTER BLVD SUB PLATS
- DORANS LA SALLE BLVD ANNEX PLATS
- Drennan & Seldons Regent Park 1
- Dyers St Mary’s PLATS
- EAST DETROIT DEVELOPMENT COS NO 1
- EDWARD J MINOCKS PLATS
- ENGEL CHARLES NO 1
- FORD CONANT PARK PLATS
- FOX CREEK
- FRISCHKORNS ESTATES PLATS
- FRISCHKORNS GRAND-DALE SUB
- Frischkorns Parkdale
- Garden Court
- GEO G EPSTEANS SEVEN MILE BLVD SUB PLATS
- GEORGE W OSBORNE’S SUB PLATS
- GRAND PARK PLATS
- Grand River-Evergreen Park
- Grosse Pointe Farms City
- Hamtramck City
- Happy Homes Sub
- Harrah & Sosnowskis Hamtramck
- Highland Park City
- Indian Village
- J W Lathrups Lawrence & Collingwood Aves
- John I Turnbulls 7 Mile- Nevada
- Kiefer Homes Sub
- Kramers Phillip
- LINWOOD PARK SUB PLATS
- Lodewyck 1
- Lyndale Sub
- Mc Dougall Farm Sub Of Blk 10
- Monnier Heights Thomas W Wards
- Morningside
- North Rosedale
- Palmer Blvd Estates
- Pleasant Homes/Morningside area
- Potters Sub Of Pt Of P C 390
- Radio
- Riverside Boulevard
- Roseland Park
- Rouge Outer Drive Also Pg 83
- Rouge Park Sub
- Rugby
- Schoenherrs Home Sub
- SHADY LAWN SUB NO 1
- Shoreline East Condo
- Shorepointe Village
- SITERLET ESTATES
- Sloans Park Drive
- ST MARTINS PLATS
- State Fair-Nolan
- STORMFELTZ-LOVELEY CO SUB
- Strathmoor
- The Garden Add
- The Garden Add 2
- The Lofts at Rivertown
- The Partner Land Subdivision
- The Partners Land Subdivision
- Town Square Cooperative
- Village Square Condominums
- WARRENDALE PARKSIDE PLATS
- Wayne City
- Wayne county condo Plan 919 Garden Lofts
- Wayne County Condo Sub Plan 687 L37283 P83-127
- WAYNE CTY CONDO 435CAMPAU FARMS IN ELMWOOD PARK
- WD MARTIN & FAIRCHILDS
- WEST WARREN PARK
- Wildemere
- Woodbridge
- WOODLAND PLATS
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Property Summary
- 12451 Racine Street Detroit MI is a Single Family for sale in Detroit, MI, 48205. It is listed for $10,000 and features 3 beds, 2 baths, and has approximately 1,750 square feet of living space, and was originally constructed in 1925. The current price per square foot is $6. The average price per square foot for Single Family listings in Detroit is $84. The average listing price for Single Family in Detroit is $153,923.
12451 Racine Street
Detroit, MI