Residential Vacant Lot in
For Sale
Contact for pricing
2525 MELDRUM Street, Detroit, MI 48207
LAND - Detroit, MI
Property SizeContact for details
Lot Size0.09 Acres
Days on Market668
Property Features for 2525 MELDRUM Street
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
BURLAGES SUB OF N PT OL 2 2
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
South of Charlevoix Street, East of Mt Elliott Street
Standard status
Active
APN
15013776.
Lot size
0.09 Acres
Taxes and HOA fees
Tax Description
W MELDRUM 23 BURLAGES SUB L23 P31 PLATS, W C R 15/137 30 X 137.13
Legal Description
W MELDRUM 23 BURLAGES SUB L23 P31 PLATS, W C R 15/137 30 X 137.13
Listing Agency:
Keller Williams Realty-Great Lakes
(586) 541-4000
Listed By:
Erick Monzo
(586) 210-3350
Added: Oct 8, 2024
Changed: Jul 27
Last Checked: Aug 6 at 12:06AM
MLS# 20240073912
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 residential vacant lot is located in the Islandview neighborhood of Detroit, Michigan, placing it within minutes of Downtown Detroit. The Detroit Land Bank is offering this property and seeking proposals to support the activation and stewardship of vacant land sites. Potential uses include urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult the proposal guidelines for land-based sites and the Guide to Plot Plan, Site Design, and Maintenance. It is also recommended to review relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional context about the neighborhood. The lot size is approximately 0.09 acres. Please note that the Detroit Land Bank 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. The Detroit Land Bank 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
- Vacant residential lot in the Islandview neighborhood.
- Located minutes from Downtown Detroit.
- Opportunity for urban agriculture, gardening, or beautification projects.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
418
Businesses Nearby
Explore this area
Business Placement
Demographics for 48207, MI
21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential vacant lot in Islandview neighborhood, near Downtown Detroit.
Where is this residential land & home lot located?
The property is located at 2525 MELDRUM 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: Vacant residential lot in the Islandview neighborhood.; Located minutes from Downtown Detroit.; Opportunity for urban agriculture, gardening, or beautification projects.
