Residential Vacant Land
For Sale
Contact for pricing
3424 Mt Elliott Street, Detroit, MI 48207
Residential vacant lot offered by the Detroit Land Bank for activation and stewardship proposals.
Property SizeContact for details
Days on Market744
Property Features for 3424 Mt Elliott Street
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Keller Williams Realty-Great Lakes
(586) 808-6436
Listed By:
Erick Monzo · License #6501330189
(586) 808-6436
Source:
Compass
Added: Jul 31, 2024
Changed: Aug 8
Last Checked: Jul 20 at 8:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty-Great Lakes
Investment Insights
Based on property information with market context.
This residential vacant lot is offered by the Detroit Land Bank as part of its efforts to activate and steward vacant land sites. The Detroit Land Bank is seeking proposals that support land-based uses such as urban agriculture, gardening, or beautification, whether for profit or community activation. Buyers are directed to review the applicable proposal guidelines for land-based sites and the guide to plot plan, site design, and maintenance.
The property is located in the Islandview neighborhood and is described as being minutes from Downtown Detroit.
The Detroit Land Bank notes that it is entitled to a tax capture for the five tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that may otherwise be available to the selected purchaser, and the Land Bank will review requests to waive tax capture rights and may require a payment in lieu of taxes to approve such requests.
The property is located in the Islandview neighborhood and is described as being minutes from Downtown Detroit.
The Detroit Land Bank notes that it is entitled to a tax capture for the five tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that may otherwise be available to the selected purchaser, and the Land Bank will review requests to waive tax capture rights and may require a payment in lieu of taxes to approve such requests.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
804
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 offered by the Detroit Land Bank for activation and stewardship proposals.
Where is this residential land & home lot located?
The property is located at 3424 Mt Elliott Street Detroit, MI.
What is the asking price?
The asking price for this property is Off market.
