Residential Development Land
For Sale
$120,000
2203 Townsend St, Detroit, MI 48214
Bundle of 12 R2-zoned lots sold as-is for coordinated residential or duplex development.
Property SizeContact for details
Lot Size0.86 Acres
Days on Market106
Property Features for 2203 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 only as a bundle and not individually. 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 parcel addresses included in the bundle are 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.
All offers must include proof of funds and a detailed development proposal. Sale is contingent upon DLBA approval and execution of an option agreement, and buyers are responsible for surveys, inspections, permitting, site work, and compliance with applicable regulations. The properties may also be subject to DLBA tax recapture pursuant to state law, which could require payment of a portion of previously extinguished delinquent real property taxes at closing.
The parcel addresses included in the bundle are 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.
All offers must include proof of funds and a detailed development proposal. Sale is contingent upon DLBA approval and execution of an option agreement, and buyers are responsible for surveys, inspections, permitting, site work, and compliance with applicable regulations. The properties may also be subject to DLBA tax recapture pursuant to state law, which could require payment of a portion of previously extinguished delinquent real property taxes at closing.
Key Highlights
- Bundle of 12 residential lots totaling approx. 37,500 SF for coordinated infill or duplex development.
- All parcels are zoned R2 (Two‑Family Residential), allowing single‑family or two‑family construction (subject to City approvals).
- Addresses included: 2151, 2157, 2161, 2167, 2173, 2179, 2185, 2191, 2197, 2203 Townsend, plus 2170 and 2180 Sheridan.
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Bundle of 12 R2-zoned lots sold as-is for coordinated residential or duplex development.
Where is this residential land & home lot located?
The property is located at 2203 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 totaling approx. 37,500 SF for coordinated infill or duplex development.; All parcels are zoned R2 (Two‑Family Residential), allowing single‑family or two‑family construction (subject to City approvals).; Addresses included: 2151, 2157, 2161, 2167, 2173, 2179, 2185, 2191, 2197, 2203 Townsend, plus 2170 and 2180 Sheridan.
