# 5161 Vermont Street, Detroit, MI 48208 > **TL;DR:** land, $25,000. Est. $133/mo. Listed 205 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $25,000 | | Lot Size | 2,178 sqft (0.05 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 205 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $126 | | Estimated Insurance | $7 | | **Total** | **$133** | ## Property Highlights - 0.05 acre lot ## Description ### Agent Description Three contiguous residential lots in Detroit's highly desirable Woodbridge neighborhood are being offered as a bundled package: 5175 Vermont, 5169 Vermont, and 5161 Vermont. These parcels must be purchased together and cannot be split, making them an excellent opportunity for a new-build infill development in one of the city's fastest-growing areas. Zoned residential, the lots provide strong potential for creative redevelopment and long-term value. Interested buyers are required to submit a complete proposal package that includes a project proposal outlining intended use and timeline, proof of funds such as a bank statement or lender letter, a detailed scope of work with projected development costs, and proof of previous projects including addresses and photos. The sale is contingent on execution of a DLBA Renovation/Development Agreement. Please note, the Detroit Land Bank Authority is entitled to a five-year tax recapture following transfer of ownership, which may limit eligibility for certain abatements or lot combinations. Waiver requests will be reviewed on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing. BATVAI. IDRBNG. ## Location - **Address:** 5161 Vermont Street, Detroit, MI 48208 - **County:** Wayne - **Neighborhood:** Lafferty Farm Sub Of Blks 7 Thru 12 Ol2 - **Coordinates:** 42.351921, -83.085517 - **Google Maps:** https://www.google.com/maps?q=42.351921,-83.085517 ## Listing Agent - **Name:** Erick Monzo - **Brokerage:** SCS Great Lakes INC - **Broker Phone:** (586) 541-4000 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/5161-Vermont-St_Detroit_MI_48208_M90280-37888?f=listhub&s=REALCOMPMI&m=20261021990&c=propsimple) ## Photos ![5161 Vermont Street - Photo 1](http://lh.rdcpix.com/6e7728dbd58c65abe84234a66c44d2acl-f4229630793r.jpg) ![5161 Vermont Street - Photo 2](http://lh.rdcpix.com/6e7728dbd58c65abe84234a66c44d2acl-f1936025099r.jpg) ![5161 Vermont Street - Photo 3](http://lh.rdcpix.com/6e7728dbd58c65abe84234a66c44d2acl-f3237836588r.jpg) ![5161 Vermont Street - Photo 4](http://lh.rdcpix.com/6e7728dbd58c65abe84234a66c44d2acl-f1516598658r.jpg) ![5161 Vermont Street - Photo 5](http://lh.rdcpix.com/6e7728dbd58c65abe84234a66c44d2acl-f1927170045r.jpg) --- **MLS#:** 20261021990 | **Updated:** 2026-10-20 **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.ai/listing/5161-vermont-street-detroit-mi-48208-6b54d9bd9dd34ea28ca676c31d0fb05b) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/5161-vermont-street-detroit-mi-48208-6b54d9bd9dd34ea28ca676c31d0fb05b#listing", "url": "https://www.propertysimple.ai/listing/5161-vermont-street-detroit-mi-48208-6b54d9bd9dd34ea28ca676c31d0fb05b", "name": "5161 Vermont Street, Detroit, MI 48208", "description": "Three contiguous residential lots in Detroit's highly desirable Woodbridge neighborhood are being offered as a bundled package: 5175 Vermont, 5169 Vermont, and 5161 Vermont. These parcels must be purchased together and cannot be split, making them an excellent opportunity for a new-build infill development in one of the city's fastest-growing areas. Zoned residential, the lots provide strong potential for creative redevelopment and long-term value. Interested buyers are required to submit a complete proposal package that includes a project proposal outlining intended use and timeline, proof of funds such as a bank statement or lender letter, a detailed scope of work with projected development costs, and proof of previous projects including addresses and photos. The sale is contingent on execution of a DLBA Renovation/Development Agreement. Please note, the Detroit Land Bank Authority is entitled to a five-year tax recapture following transfer of ownership, which may limit eligibility for certain abatements or lot combinations. Waiver requests will be reviewed on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing. BATVAI. 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