# 5001 WABASH Street, Detroit, MI 48208

> **TL;DR:** land, $4,000. Est. $17/mo. Listed 383 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $4,000 |
| Lot Size | 4,792 sqft (0.11 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 383 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $17 |
| **Total** | **$17** |

## Property Highlights

- 0.11 acre lot

## Description

### Agent Description
Sold in a bundle with 5069 Wabash, 2119 Putnam, and 2125 Putnam totaling 12,223 sqft. All 4 lots sold together for 20k. Not sold separately. Great opportunity for infill housing development. Buyer must submit an application to purchase, including construction plans or precedent architectural images of proposed development & financing plan w/ POF or Pre-approval letter or 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 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.

## Location

- **Address:** 5001 WABASH Street, Detroit, MI 48208
- **County:** Wayne
- **Neighborhood:** PLAT OF GODFROY FARM (PLATS)
- **Coordinates:** 42.350674, -83.08636
- **Google Maps:** https://www.google.com/maps?q=42.350674,-83.08636

## Listing Agent

- **Name:** Leonard A Pickett III
- **Brokerage:** RCH Brokerage Legacy Inc
- **Phone:** (248) 440-2268
- **Email:** lpickettiii@rchlegacy.com

## Primary Photo

![5001 WABASH Street - Primary Photo](http://lh.rdcpix.com/25ae88c8d9383340b6956787448a7e8dl-f3001013141r.jpg)

*5 total photos available on [listing page](https://www.propertysimple.com/listing/5001-wabash-street-detroit-mi-48208-50035543)*

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**MLS#:** 20250035543 | **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/5001-wabash-street-detroit-mi-48208-50035543)

---

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