VL RUSSELL Street

About this home

Here’s your chance to bring your dream home to life on this beautiful 0.23-acre lot in the heart of Southfield. Located on Russell Street, this residential parcel sits in a well-established subdivision. The lot has been cleared, but not stripped—leaving just the right amount of greenery so you can enjoy shade, privacy, and a peaceful setting while still having a canvas to build. Whether you’re planning to build a custom home for yourself or looking to invest in land in a growing area, this parcel offers flexibility and value. The size is ideal—large enough to build with room to spread out, but manageable enough to maintain with ease. Come walk the lot and picture your future here. This land is ready for your vision—don’t miss out!

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Southfield

Over the last 90 days, 120 homes sold in Southfield for a median of $255,000, about $137 per square foot, and the typical one went under contract in 14 days. This home is listed at $38,500, and has been on the market 40 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Southfield sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $536 a year. A buyer who lives here would pay about $452 to $1,109 a year once the taxable value resets after the sale, at the 2025 homestead rate of 57.02 mills for Southfield City and Southfield Public Schools schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

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