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Residential Vacant Lot
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2515 MELDRUM Street, Detroit, MI 48207

LAND - Detroit, MI

Property SizeContact for details
Lot Size0.09 Acres
Days on Market683

Property Features for 2515 MELDRUM Street

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision BURLAGES SUB OF N PT OL 2 2
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions South of Charlevoix Street, East of Mt Elliott St
Standard status Active
APN W15I013778S
Lot size 0.09 Acres

Taxes and HOA fees

Tax Description W MELDRUM 21 BURLAGES SUB L23 P31 PLATS, W C R 15/137 30 X 137.13
Legal Description W MELDRUM 21 BURLAGES SUB L23 P31 PLATS, W C R 15/137 30 X 137.13
Listing Agency: Keller Williams Realty-Great Lakes
Listed By: Erick Monzo
Added: Oct 8, 2024 Changed: Jul 27 Last Checked: Aug 21 at 1:06AM
MLS# 20240073906

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 consists of a residential vacant lot in Detroit provided by the Detroit Land Bank. The property is 0.09 acres and is being marketed for proposals aimed at activating and stewarding vacant land sites.

The Land Bank specifically references land-based activation uses that may include urban agriculture, gardening, or beautification, either for profit or community activation. Interested purchasers are directed to consult the proposal guidelines for land-based sites and the Land Bank’s Guide to Plot Plan, Site Design, and Maintenance, and to review relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.

The Land Bank also notes that it is entitled to a tax capture for the five tax years following transfer of ownership. The tax capture may be incompatible with tax abatements otherwise available to the selected purchaser. Requests to waive the tax capture will be reviewed and may require a payment in lieu of taxes, determined based on the development proforma and the impact of any tax abatement on purchase and development financing.

Key Highlights

  • Vacant residential lot - great for urban agriculture, gardening, or beautification projects.
  • Located in the Islandview neighborhood.
  • Minutes from Downtown Detroit.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Building Supply Hair Salon HVAC Service

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

413
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential vacant lot in Detroit offered by the Detroit Land Bank.
Where is this residential land & home lot located?
The property is located at 2515 MELDRUM Street Detroit, MI.
What are key features of this property?
This property features: Vacant residential lot - great for urban agriculture, gardening, or beautification projects.; Located in the Islandview neighborhood.; Minutes from Downtown Detroit.
More about this property
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