Detroit Land Bank Opportunity - Gateway Community Neighborhood This Colonial offers 1,236 square feet of potential in the heart of the Gateway Community. Featuring 3 bedrooms and 1 bathroom, this home is ready for an investor or homeowner with a vision. Located in a neighborhood with ongoing revitalization, this property is a great opportunity to build equity and restore a classic Detroit home. This property is being sold as is. Please 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. THIS IS A BUNDLED LISTING THAT INCLUDES PROPERTY ADDRESS 537 ROSEDALE COURT.
Single-familyProperty Type
1909Year Built
5,227 sq ftLot Size
$27Price/Sq.Ft.
2 car garageParking
Listed by Erick Monzo• Keller Williams Realty-Great Lakes
North End Neighbors, located between New Center and Hamtramck, is a historic and residential Detroit neighborhood with early-20th-century brick homes and a growing arts footprint. The neighborhood’s character concentrates around Woodward Avenue near the Grand Boulevard corridor, where galleries, studios, and small eateries share the street with legacy auto-era architecture. Community pillars include the Fisher Building, the Motown Museum, and the Charles H. Wright Museum of African American History. Tree-lined blocks mix duplexes and single-family houses with pocket gardens and murals. Bike lanes and bus routes tie daily errands to New Center’s institutions. Parks and recreation spaces add room for walking and pickup games.
Provided by Walk Score and Local Logic
Market insights
545 Rosedale Ct · $50,000
DAYS ON MARKET
394 days
The average home goes pending in 21 days.
SALE-TO-LIST
98.5%
Most homes are selling 1% below list price.
LIST PRICE
$50,000
Median list price in this area is $197,200. (294% higher than this home)
PRICE DROP
0 price drops
22% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Total of 6 rooms
Unfinished basement
Bedrooms
Entry-level bedroom (12 x 11)
Second-floor bedroom (12 x 8)
Second-floor bedroom (approx. 11 wide)
Bathrooms
1 full bathroom (located on the second floor)
Kitchen
Entry-level kitchen (7 x 8)
Laundry & utility
Basement utility area
Heating & cooling
Forced air heating
Exterior features
Aluminum exterior
Paved street frontage
45 feet frontage
Home design
Residential property
2-story structure
Built in 1909
Parking
Detached 2-car garage
Construction
Basement foundation
Utilities
Natural gas
Public water
Electricity and solar
View estimated energy costs and solar savings for this home
Detroit Land Bank Opportunity – Gateway Community Neighborhood This Colonial offers 1,236 square feet of potential in the heart of the Gateway Community. Featuring 3 bedrooms and 1 bathroom, this home is ready for an investor or homeowner with a vision. Located in a neighborhood with ongoing revitalization, this property is a great opportunity to build equity and restore a classic Detroit home. This property is being sold as is. Please 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. THIS IS A BUNDLED LISTING THAT INCLUDES PROPERTY ADDRESS 537 ROSEDALE COURT.
MiRealSource-MiMLS #60926829
Aug 11, 2025
Listed
$50,000
$27/sq ft
REALCOMP #24133116
Apr 11, 2005
Sold
$12,000
$6/sq ft
Oct 19, 2004
Listed
$16,800
$9/sq ft
BANK ACQUISITION PROPERTY TO BE SOLD IN AS-IS CONDITION W/ PURCHASER TO COMPLY W/ ALL CITY REQUIREMENTS. SELLER TO PAY TAXES AND WATER THRU TO THE DATE OF CLOSE. LISTING OFFICE HOLDS ALL DEPOSITS. $3000.00 EMD REQUIRED. CASH OFFER ONLY. IF PURCHASER IS A LICENSED REAL ESTATE AGENT NO COMMISSION WILL BE PAID.
Public Records
Jun 3, 1991
Sold
$8,000
$4/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,272
2024
$1,272 (+50.6%)
2023
$845 (+2.7%)
2022
$823 (+2.4%)
2021
$803
2020
$803 (+1.3%)
2019
$793 (+3.3%)
2018
$767 (+0.1%)
2017
$766 (−4.4%)
2016
$802 (+1.0%)
2015
$794 (+1.4%)
2014
$783
Public record
Public record
Zoning
Beds
—
Baths
1
Stories
2
Lot width
30 ft.
Lot depth
120 ft.
Lot size
5,227 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,278
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,278
Year built
1909
Style
Single Family Residential
County
Wayne County
APN
03002863-4
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 7, 2026.
R3
Low Density Residential District
The R3 Low Density Residential District is designed as a low-density multi-family district. The regulations are designed to promote and encourage town and terrace house development, courts, and garden apartments. It is intended that this district be used primarily on local thoroughfares thereby encouraging a suitable environment for family life. Among others, uses permitted by right include single- and two-family dwellings, townhouses, multi-family dwellings, and community facilities necessary to serve a residential district.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Educational/school
Library
Museum / gallery
Recreation
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 96° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Detroit, MI • 48202 1120
Average low and high temperatures (°F)
28
17
35
21
52
34
62
43
68
50
81
62
84
68
79
63
77
60
66
48
50
39
37
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
65/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
7.3 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 545 Rosedale Ct
$44,172
$5,828 under list price of $50K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $12K to $199K.