# 2903 MONTGOMERY Street, Detroit, MI 48206

> **TL;DR:** commercial, $7,500 ($1/sqft), built 1920, 11,392 sqft. Est. $33/mo. Listed 339 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $7,500 |
| Price/sqft | $1 |
| Square Feet | 11,392 |
| Year Built | 1920 |
| Lot Size | 4,792 sqft (0.11 acres) |
| Stories | 3 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 339 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $33 |
| **Total** | **$33** |

## Property Highlights

- Built in 1920
- 0.11 acre lot
- 3 stories

## Description

### Agent Description
Calling all investors to update this 13 unit brick apartment building. No interior access. Included in the deal is the vacant land across the street (2747 Montgomery).The lot is to be used for parking or green space for future tenants of this building. Buyer needs to eliminate exterior blight within 180 days of purchase. Compliance for eliminating exterior blight is windows, doors installed, holes in exterior & roof fixed, exterior lighting, register property as vacant with BSEED. 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. 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 abatements and lot combinations 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 abatements on the purchase and development financing. BATVAI Please see attached docs.

## Location

- **Address:** 2903 MONTGOMERY Street, Detroit, MI 48206
- **County:** Wayne
- **Neighborhood:** MONTCLAIR LAND CO LTD SUB (PLATS)

## Listing Agent

- **Name:** Leonard A Pickett III
- **Brokerage:** RCH Brokerage Legacy Inc
- **Phone:** 2484402268
- **Email:** lpickettiii@rchlegacy.com

## Primary Photo

![2903 MONTGOMERY Street - Primary Photo](http://lh.rdcpix.com/5a73122463682972a7cc57fc548e912bl-f1537549403r.jpg)

*11 total photos available on [listing page](https://www.propertysimple.com/listing/2903-montgomery-street-detroit-mi-48206-51012652)*

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**MLS#:** 20251012652 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/2903-montgomery-street-detroit-mi-48206-51012652)

---

## Structured Data

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  "name": "2903 MONTGOMERY Street, Detroit, MI 48206",
  "description": "Calling all investors to update this 13 unit brick apartment building. No interior access. Included in the deal is the vacant land across the street (2747 Montgomery).The lot is to be used for parking or green space for future tenants of this building. Buyer needs to eliminate exterior blight within 180 days of purchase. Compliance for eliminating exterior blight is windows, doors installed, holes in exterior & roof fixed, exterior lighting, register property as vacant with BSEED. Property needs",
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