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Detroit Land Bundle For Sale

4257 MOUNT ELLIOTT Street Detroit, MI 48207

Claim this Listing
For Sale
$58,300

LAND - Detroit, MI

Lot size:
0.07 Acres
Added:
Jun 20, 2023
Days on Market:
1119
Last Refresh:
Jul 12 at 2:06 am

Property Features for 4257 MOUNT ELLIOTT Street

General Information

Property type
Land
Property subtype
Other
Zoning
Residential
Standard status
Active
APN
13009851.
Lot size
0.07 Acres

Taxes and HOA fees

Tax Description
W MT ELLIOTT E 101.78 FT 10 TRAUGOTT SCHMIDTS L19 P43 PLATS, W C R 13/188 30 X 101.78

Utilities

Water source
Public

Listing agent Leonard A Pickett III License #6501306589

Listing office RCH Brokerage Legacy Inc 21411 Civic Center Dr Ste 2200, Southfield, MI

Listing date Jun 20, 2023

MLS# 20230047631 Listing URL

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 offered as a bundle of 8 parcels, including addresses 4253, 4233, 4239, 4245, and 4265 Mt Elliot, totaling 23,749 square feet, and 3730 and 3722 E Canfield, totaling 5401 square feet. The properties are not sold separately. Zoned R3, the land is suitable for experienced investors. The Detroit Land Bank Authority (DLBA) seeks proposals for small- to medium-scale infill development to increase housing supply, restore the urban fabric, and enhance density and walkability. Interested buyers should consult proposal guidelines for new build opportunities and review relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional neighborhood context. The DLBA is entitled to a tax capture for the 5 tax years following the property ownership transfer, which may be incompatible with other tax abatements. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes, determined upon reviewing the development proforma and the effect of any tax abatement on purchase and development financing. The lot size is 0.07 acres, located in Detroit, Wayne County, Michigan.

Key Highlights

  • Bundle of 8 properties totaling 29,150 sqft.
  • Zoned R3, suitable for multi‑family development.
  • Ideal for experienced investors seeking infill development opportunities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Parking Lot & Garage Nail Salon HVAC Service Restaurant Electrical Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Residential land & home lot - Land bundle in Detroit, ideal for experienced investors.
Where is this residential land & home lot located?
The property is located at 4257 MOUNT ELLIOTT Street Detroit, MI.
What is the asking price?
The asking price for this property is $58,300.
What are key features of this property?
This property features: Bundle of 8 properties totaling 29,150 sqft.; Zoned R3, suitable for multi‑family development.; Ideal for experienced investors seeking infill development opportunities.
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