48209 Homes under $250,000

48209 Homes under $250,000

Welcome to the vibrant neighborhood of Detroit, MI, nestled within the bustling 48209 zip code! Known for its rich history and cultural diversity, this area offers a unique blend of urban living and community spirit. As one of the city’s hidden gems, 48209 is a place where you can find affordable housing options without sacrificing quality or convenience.

In this dynamic neighborhood, homes are available for under $250,000, making it an ideal choice for first-time buyers, families, and investors alike. You’ll discover charming bungalows, cozy ranch-style homes, and spacious duplexes, all brimming with character and potential. Many properties in this area boast lovely yards, perfect for gardening or outdoor gatherings, and some even offer stunning views of the Detroit River.

Living in 48209 means you are just a stone's throw away from local parks, community centers, and schools, fostering a sense of belonging and connectivity. The area is also well-served by public transportation, making commuting to downtown Detroit or other parts of the city a breeze. With a wealth of cultural attractions, dining options, and entertainment venues nearby, residents enjoy a vibrant lifestyle filled with opportunities.

Whether you are looking to invest in your first home or seeking a community that embraces diversity and growth, the 48209 zip code in Detroit is the perfect place to plant your roots. Explore the possibilities today and discover the charm of this remarkable neighborhood!

Newest 48209 Homes under $250,000

8067 Homer St Street, Detroit
$20,000
3 Beds ⋅ 1 Baths ⋅ 20261071276 MLS ⋅ ACTIVE Status
Great investment and redevelopment opportunity! DLBA-owned property located at **8967 Homer St** in Detroit’s **Springwells community**, an established Southwest Detroit neighborhood. This property presents an excellent opportunity for renovation, owner-occupancy, or investment and offers buyers the chance to restore a Detroit home while contributing to the continued stabilization and revitalization of the surrounding community.All properties come with clear title.Conveniently located near **W. Vernor Hwy, Springwells St, Fort St, and the I-75 corridor**, providing easy access to shopping, restaurants, schools, parks, neighborhood businesses, and other everyday amenities. Sale is subject to approval by the **Detroit Land Bank Authority (DLBA)** and execution of a **DLBA Renovation/Development Agreement**. Purchaser must submit a complete proposal package that may include the proposed use of the property, renovation and completion timeline, proof of funds sufficient for acquisition and improvements, detailed scope of work with estimated costs, contractor information, and documentation of previous renovation or development experience, including addresses and before-and-after photographs when applicable.The DLBA recommends that purchasers review any applicable **Neighborhood Framework Plans** and development guidelines through the City of Detroit Planning and Development Department prior to submitting a proposal.**Property is sold AS-IS.** Buyer is responsible for conducting all necessary due diligence and verifying property condition, dimensions, zoning, permitted use, taxes, and all other information. **DLBA retains the right to tax recapture for five (5) years following transfer of ownership.** Certain tax abatements, lot combinations, assemblages, or other property-related actions may require DLBA review and approval. Buyer to verify all information.

8067 Homer St Street, Detroit

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