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Motor City mansions at discount

For years, Detroit has been practically giving away vacant homes. An organization called Building Detroit auctions off two houses per day with starting bids at $1,000, to buyers who promise to bring their properties up to code within six months (or nine for historic properties).

But what about the higher end of such a deeply discounted housing market? Realtor.com provided a selection of 10 larger and more stately homes on the market in Detroit, which is now out of bankruptcy.

These are large homes with anywhere from five to eight bedrooms and beautiful period details in historically upscale districts of the Motor City. Counting down from the most costly, here are those houses, with not one priced over $400,000.

—By Colleen Kane, Special to CNBC.com
Posted 11 Nov. 2014

Realtor.com