4021 Elmhurst St Detroit, MI 48204

Building Details

Year Built

1925

Listing office RCH Brokerage Legacy Inc l***@rchlegacy.com Show Phone

Listing date Apr 24, 2026

Source Elliman

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Investment Insights

Based on property information with market context.

Located in Detroit's Nardin Park neighborhood, this brick multi-family home presents an investment opportunity. Zoned R2, the property requires a full rehabilitation. Prospective buyers must submit a purchase proposal that includes detailed rehab plans and a financing plan with proof of funds or a pre-approval letter for a new construction loan. The Detroit Land Bank Authority (DLBA) is entitled to a tax capture for the five tax years following the property ownership transfer. This tax capture may not be compatible with other tax abatements available to the purchaser. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes, determined after reviewing the development proforma and the effect of any tax abatement on the purchase and development financing. The bike score is 54, indicating it is bikeable, the walk score is 35, indicating car-dependent, and the transit score is 52, indicating good transit.

Key Highlights

• Multi‑family home in Detroit's Nardin Park neighborhood
• Zoned R2, suitable for multi‑family use
• Located in the city of Detroit, offering investment potential

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FAQs

What type of property is this?

Multifamily property - Multi-family home in Detroit's Nardin Park neighborhood, zoned R2.

Where is this multifamily property located?

The property is located at 4021 Elmhurst St 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: Multi‑family home in Detroit's Nardin Park neighborhood; Zoned R2, suitable for multi‑family use; Located in the city of Detroit, offering investment potential