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Residential Land in Detroit, MI
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1231 24TH Street, Detroit, MI 48216

LAND - Detroit, MI

Property SizeContact for details
Lot Size0.23 Acres
Days on Market772

Property Features for 1231 24TH Street

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision CATHERINE B HUBBARDS (PLATS)
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions N of I75, W of Grand Blvd
Standard status Active
APN W12I009077S
Lot size 0.23 Acres

Taxes and HOA fees

Tax Description W 24TH 10 CATHERINE B HUBBARDS SUB L4 P16 PLATS, W C R 12/24 60 X 168
Tax Annual Amount 40
Legal Description W 24TH 10 CATHERINE B HUBBARDS SUB L4 P16 PLATS, W C R 12/24 60 X 168
Listing Agency: Keller Williams Realty-Great Lakes
Listed By: Erick Monzo
Added: Jun 26, 2024 Changed: May 13 Last Checked: Aug 6 at 4:06AM
MLS# 20240043873

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.

Investment Insights

Based on property information with market context.

This property is a residential land located in Detroit, MI. The lot is situated in Mexicantown and offers convenient access to nearby expressways, facilitating commutes to work or downtown. The lot size is approximately 0.23 acres. Please note that the Detroit Land Bank Authority (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. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

Key Highlights

  • Located in Mexicantown.
  • Lot offered by the Detroit Land Bank Authority.
  • Conveniently located near expressways.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

274
Businesses Nearby

Demographics for 48216, MI

5,031
Population
3,398
Households
1.5
Avg Household Size
35
Median Age
37%
College-Educated
87%
High-School Grad
2.3 sq mi
ZIP Area
2,187
Density / Sq Mi
$42,278
Median Household Income
$42,189
Median Earnings
$860
Median Rent
$225,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Land available in Detroit's Mexicantown, near expressways.
Where is this residential land & home lot located?
The property is located at 1231 24TH Street Detroit, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Located in Mexicantown.; Lot offered by the Detroit Land Bank Authority.; Conveniently located near expressways.
More about this property
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