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Two-Family Residential Land Bundle
For Sale
$120,000

2173 Townsend St, Detroit, MI 48214

Bundle of 12 R2-zoned residential lots in Detroit, sold as-is, supporting single- or two-family construction subject to approvals.

Property SizeContact for details
Lot Size0.86 Acres
Days on Market106

Property Features for 2173 Townsend St

General Information

Standard status Active
Lot size 0.86 Acres
Property subtype Land
Zoning R2
Listing Agency: SCS Great Lakes INC
Listed By: Erick Monzo
Source: Elliman
Added: Apr 28 Changed: Aug 8 Last Checked: Apr 28 at 11:13AM

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 SCS Great Lakes INC

Investment Insights

Based on property information with market context.

This offering includes a bundle of 12 residential lots totaling approximately 37,500 square feet, located in Detroit’s Islandview neighborhood. The parcels are zoned R2 (Two-Family Residential), which allows for single-family or two-family residential construction, subject to City approvals. The properties are sold as-is, where-is, with no warranties expressed or implied.

The bundle addresses include 2151 Townsend, 2157 Townsend, 2161 Townsend, 2167 Townsend, 2173 Townsend, 2179 Townsend, 2185 Townsend, 2191 Townsend, 2197 Townsend, 2203 Townsend, 2170 Sheridan, and 2180 Sheridan. The sale requires proof of funds and a detailed development proposal, and it is contingent upon DLBA approval and execution of an option agreement. The purchaser is responsible for surveys, inspections, permitting, site work, and compliance with applicable regulations.

Buyer should independently verify zoning requirements and buildable area, including lot dimensions, setbacks, and utility access, as well as any DLBA tax recapture obligations that may apply under state law.

Key Highlights

  • Bundle of 12 residential lots in Detroit’s Islandview neighborhood, totaling approx. 37,500 SF
  • All parcels are zoned R2 (two‑family residential), supporting single‑family or two‑family construction (subject to City approvals)
  • Included addresses: 2151–2203 Townsend (even/odd set listed) plus 2170 Sheridan and 2180 Sheridan

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply HVAC Service Kitchen & Bath Showroom Skin Care Clinic

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

689
Businesses Nearby

Demographics for 48214, MI

18,959
Population
13,279
Households
1.4
Avg Household Size
44
Median Age
27%
College-Educated
84%
High-School Grad
5.1 sq mi
ZIP Area
3,717
Density / Sq Mi
$34,807
Median Household Income
$36,625
Median Earnings
$818
Median Rent
$120,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Bundle of 12 R2-zoned residential lots in Detroit, sold as-is, supporting single- or two-family construction subject to approvals.
Where is this residential land & home lot located?
The property is located at 2173 Townsend St Detroit, MI.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Bundle of 12 residential lots in Detroit’s Islandview neighborhood, totaling approx. 37,500 SF; All parcels are zoned R2 (two‑family residential), supporting single‑family or two‑family construction (subject to City approvals); Included addresses: 2151–2203 Townsend (even/odd set listed) plus 2170 Sheridan and 2180 Sheridan
More about this property
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