Detroit Land Opportunity: 16,401
For Sale
Contact for pricing
2363 ELMHURST Street, Detroit, MI 48206
LAND - Detroit, MI
Property SizeContact for details
Lot Size0.09 Acres
Days on Market842
Property Features for 2363 ELMHURST Street
General Information
Property type
Land
Property subtype
Other
Zoning
Residential
Subdivision
ROBERT OAKMANS STONEHOUSE SUB (PLATS)
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
TAKE CHICAGO HEADED EAST PASS DEXTER. MAKE LEFT ONTO LINWOOD. MAKE RIGHT ONTO ELMHURST.
Standard status
Active
APN
08003549.
Lot size
0.09 Acres
Taxes and HOA fees
Tax Description
S ELMHURST W 10 FT 72 73 R OAKMANS STONEHOUSE SUB L32 P64 PLATS, W C R 8/178 30 X 126.75A
Legal Description
S ELMHURST W 10 FT 72 73 R OAKMANS STONEHOUSE SUB L32 P64 PLATS, W C R 8/178 30 X 126.75A
Utilities
Water source
Public
Listing Agency:
RCH Brokerage Legacy Inc
(248) 440-2268
Listed By:
Leonard A Pickett III · License #6501306589
(248) 440-2268
Added: May 5, 2024
Changed: May 13
Last Checked: Aug 24 at 8:06PM
MLS# 20240028506
Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering includes two properties, one of which is located at 2373 Elmhurst, totaling 16,401 square feet. The properties are zoned R3, designated for residential use. The Detroit Land Bank Authority (DLBA) seeks proposals for small- to medium-scale infill development aimed at increasing housing supply, restoring the urban fabric, and enhancing density and walkability. Interested buyers should consult DLBA proposal guidelines for new build opportunities and review relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional neighborhood context. All offers must be supported by Proof of Funds, demonstrating funds sufficient to meet or exceed development costs. The DLBA is entitled to a tax capture for the 5 tax years following ownership transfer, which may be incompatible with other available tax abatements. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes, determined upon reviewing the development proforma and the effect of any tax abatement on purchase and development financing. See attached documents for DLBA requirements and offer submission information.
Key Highlights
- Two property deal: Includes 2373 Elmhurst.
- Total lot size: 16,401 sqft.
- Zoned R3: Suitable for small- to medium‑scale infill development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
331
Businesses Nearby
Explore this area
Business Placement
Demographics for 48206, MI
15,712
Population
10,784
Households
1.5
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
3.1 sq mi
ZIP Area
5,068
Density / Sq Mi
$43,702
Median Household Income
$36,674
Median Earnings
$923
Median Rent
$102,300
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 - Two residential lots totaling 16,401 sqft in Detroit, MI.
Where is this residential land & home lot located?
The property is located at 2363 ELMHURST Street Detroit, MI.
What are key features of this property?
This property features: Two property deal: Includes 2373 Elmhurst.; Total lot size: 16,401 sqft.; Zoned R3: Suitable for small- to medium‑scale infill development.
