Zoned Residential Infill
For Sale
$35,000
296 Belmont Street, Detroit, MI 48202
Four connected VL residential parcels must be purchased together for infill development in Detroit’s North End.
Property SizeContact for details
Days on Market227
Property Features for 296 Belmont Street
General Information
Standard status
Active
Property subtype
Land
Zoning
residential
Listing Agency:
Keller Williams Realty-Great Lakes
(586) 808-6436
Listed By:
Erick Monzo · License #6501330189
(586) 808-6436
Source:
Compass
Added: Dec 28, 2025
Changed: Aug 8
Last Checked: Jul 12 at 2:22AM
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 Keller Williams Realty-Great Lakes
Investment Insights
Based on property information with market context.
This offering includes four connected VL parcels that must be purchased together and cannot be split. The property is zoned residential and is being marketed as an infill development opportunity for a new-build project. Buyers are instructed to submit a proposal including a project plan and timeline, proof of funds, a scope of work with renovation cost breakdown, and documentation of previous projects with addresses and photos.
The parcels are listed in a bundle with addresses at 278 Belmont, 288 Belmont, 296 Belmont, and 302 Belmont, with the provided address being 296 Belmont Street in Detroit, MI. The DLBA indicates it is seeking small- to medium-scale infill proposals intended to support housing supply and increase neighborhood density.
The DLBA also notes that it is entitled to tax capture for the five tax years following transfer of ownership, which may be incompatible with tax abatements. Requests to waive tax capture rights may require a payment in lieu of taxes, determined based on the development pro forma and any tax abatement effects.
The parcels are listed in a bundle with addresses at 278 Belmont, 288 Belmont, 296 Belmont, and 302 Belmont, with the provided address being 296 Belmont Street in Detroit, MI. The DLBA indicates it is seeking small- to medium-scale infill proposals intended to support housing supply and increase neighborhood density.
The DLBA also notes that it is entitled to tax capture for the five tax years following transfer of ownership, which may be incompatible with tax abatements. Requests to waive tax capture rights may require a payment in lieu of taxes, determined based on the development pro forma and any tax abatement effects.
Key Highlights
- 4 connected VL residential parcels in Detroit’s North End must be purchased together (278 Belmont, 288 Belmont, 296 Belmont, 302 Belmont).
- Property is zoned residential.
- DLBA is seeking proposals for small- to medium‑scale infill development to increase housing supply and improve density and walkability.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
328
Businesses Nearby
Explore this area
Business Placement
Demographics for 48202, MI
17,260
Population
10,078
Households
1.7
Avg Household Size
32
Median Age
38%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
5,076
Density / Sq Mi
$36,536
Median Household Income
$31,725
Median Earnings
$894
Median Rent
$193,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Four connected VL residential parcels must be purchased together for infill development in Detroit’s North End.
Where is this residential land & home lot located?
The property is located at 296 Belmont Street Detroit, MI.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: 4 connected VL residential parcels in Detroit’s North End must be purchased together (278 Belmont, 288 Belmont, 296 Belmont, 302 Belmont).; Property is zoned residential.; DLBA is seeking proposals for small- to medium‑scale infill development to increase housing supply and improve density and walkability.
