Two-Family Residential Development
For Sale
$120,000
2191 Townsend St, Detroit, MI 48214
Bundle of 12 zoned R2 residential lots in Detroit, sold as-is and intended for coordinated infill development.
Property SizeContact for details
Lot Size0.86 Acres
Days on Market106
Property Features for 2191 Townsend St
General Information
Standard status
Active
Lot size
0.86 Acres
Property subtype
Land
Zoning
R2
Listing Agency:
SCS Great Lakes INC
(586) 210-3350
Listed By:
Erick Monzo
(586) 210-3350
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 12 residential lots totaling approximately 37,500 square feet, sold as-is, where-is, and only as a bundle. The parcels are zoned R2 (Two-Family Residential), which allows single-family or two-family residential construction, subject to City approvals.
The bundle includes addresses at 2151 Townsend through 2203 Townsend, plus 2170 Sheridan and 2180 Sheridan. The sale is contingent upon DLBA approval and execution of an option agreement, and offers must include proof of funds and a detailed development proposal.
The purchaser is responsible for surveys, inspections, permitting, site work, and compliance with applicable regulations, including independent verification of zoning requirements, lot dimensions, setbacks, utility access, and overall buildable area. Sale may also be subject to DLBA tax recapture pursuant to state law, requiring payment at closing of a portion of previously extinguished delinquent real property taxes.
The bundle includes addresses at 2151 Townsend through 2203 Townsend, plus 2170 Sheridan and 2180 Sheridan. The sale is contingent upon DLBA approval and execution of an option agreement, and offers must include proof of funds and a detailed development proposal.
The purchaser is responsible for surveys, inspections, permitting, site work, and compliance with applicable regulations, including independent verification of zoning requirements, lot dimensions, setbacks, utility access, and overall buildable area. Sale may also be subject to DLBA tax recapture pursuant to state law, requiring payment at closing of a portion of previously extinguished delinquent real property taxes.
Key Highlights
- Bundle of 12 residential lots in Detroit’s Islandview neighborhood, sold only as a package (no single‑lot purchases).
- Total land area is approximately 37,500 SF across 12 parcels, supporting coordinated infill development.
- All parcels are zoned R2 (Two‑Family Residential), allowing single‑family or two‑family construction subject to City approvals.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
408
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Bundle of 12 zoned R2 residential lots in Detroit, sold as-is and intended for coordinated infill development.
Where is this residential land & home lot located?
The property is located at 2191 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, sold only as a package (no single‑lot purchases).; Total land area is approximately 37,500 SF across 12 parcels, supporting coordinated infill development.; All parcels are zoned R2 (Two‑Family Residential), allowing single‑family or two‑family construction subject to City approvals.
