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If you’ve been searching for an affordable investment opportunity in one of Detroit’s most promising revitalization zones, this Detroit Land Bank Authority (DLBA) bungalow in the Fitzgerald/Marygrove neighborhood is one you won’t want to overlook. Offering three bedrooms, one bathroom, and impressive long-term potential, this home is an excellent option for investors, first-time buyers ready for a project, or anyone eager to be part of Detroit’s ongoing comeback story.
More than just a house, this property represents an invitation to join a neighborhood filled with renewed energy, community-driven development, and increasing demand. With close proximity to parks, schools, and the University of Detroit Mercy, the location provides convenience, walkability, and a strong foundation for future value. Whether you’re planning a full renovation, a rental strategy, or a future primary residence, this DLBA home gives you the perfect entry point.
A Classic Detroit Bungalow Ready for Transformation
This charming bungalow features a simple, flexible floor plan that’s ideal for customization. Inside, you’ll find a spacious living area, three bedrooms, and a full bathroom—along with the potential to reconfigure the layout or create additional finished space depending on your design vision.
The home is ready for your creativity. Restore its classic Detroit character, or modernize the interior with updated finishes—it’s completely up to you. Imagine an open-concept living area filled with natural light, a refreshed kitchen with contemporary upgrades, and cozy bedroom spaces designed for comfort. This home provides the structure; you bring the vision.
Located in a Growing Revitalization District
The Fitzgerald/Marygrove neighborhood has become a focal point for Detroit’s renewal efforts. With active community investment, improved public spaces, and a rise in new residents, it’s becoming an increasingly sought-after area for homeowners, students, and investors.
Highlights of the area include:
Proximity to the University of Detroit Mercy
A major institution just minutes away, adding stability, culture, and strong rental demand.
Nearby Parks and Green Spaces
Including Ella Fitzgerald Park—an essential gathering spot for recreation, events, and outdoor enjoyment.
Local Schools and Community Resources
Making the neighborhood practical and attractive for long-term residents.
The Fitzgerald Revitalization Project
A nationally recognized initiative transforming vacant lots into gardens, greenways, bike paths, and restored homes—helping strengthen property values and build community pride.
This is the type of neighborhood where early investment can yield significant long-term returns.
An Ideal Project for Investors or First-Time Renovators
With solid bones and a welcoming structure, this bungalow is perfectly suited for:
Buy-and-hold investors
Long-term rental strategies
First-time buyers looking to build equity
Home flippers seeking affordable inventory
Anyone passionate about Detroit’s historic neighborhoods
Purchasing through the DLBA offers tremendous value for those willing to renovate and restore. It also means you’ll be contributing directly to the city’s long-term growth and stabilization.
Be Part of Detroit’s Comeback
Detroit continues to evolve, attracting new investment and community engagement across its neighborhoods. Fitzgerald/Marygrove is a standout example of intentional revitalization, driven by residents, local organizations, and citywide initiatives focused on creating sustainable, welcoming communities.
By restoring this home, you’ll play a role in strengthening not just a single property—but the future of this growing neighborhood.
Important DLBA Details for Buyers
As with all DLBA properties, buyers should be aware of the following:
The home is sold as-is.
Renovations must be completed within DLBA guidelines and timelines.
DLBA is entitled to a tax capture for five years after ownership transfer.
This may conflict with other tax abatements unless a waiver is approved.
Buyers may request a tax-capture waiver, though approval is not guaranteed.
A payment in lieu of taxes may be required for waiver approval.
These requirements help ensure timely renovation and responsible stewardship of the property.
Close to Detroit’s Best Amenities
Living here means quick access to:
University of Detroit Mercy
Marygrove Conservancy
Palmer Park
Local restaurants, cafés, and shops
Major roadways and commuter routes
Cultural attractions
Walking and biking paths
Whether for personal use or investment purposes, this location offers strong convenience and long-term growth.
A High-Potential Opportunity in a High-Growth Neighborhood
With Detroit’s housing market strengthening and revitalization efforts continuing, this bungalow represents a rare chance to invest affordably in a rising area. Homes here are increasingly desirable, and early buyers often see the most substantial equity gains.
Shape the Future of a Detroit Community
If you’re ready to take on a manageable renovation project and contribute to Detroit’s ongoing resurgence, this property is waiting for you. Bring your plans, your creativity, and your vision. With its solid structure and prime location, this bungalow is ready for someone to restore it and give it the fresh start it deserves.
Your next investment—or your future home—begins here in Fitzgerald/Marygrove.
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