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Detroit Land Bank Infill Lot
For Sale
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3223 MELDRUM Street, Detroit, MI 48207

Vacant Land, Detroit, MI

Property SizeContact for details
Lot Size0.10 Acres
Days on Market718

Property Features for 3223 MELDRUM Street

General Information

Property type Land
Property subtype Other
Zoning Residential
Subdivision WALKERS SUB OF PT OF O L 24 & 25
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions E. of Mt. Elliott, N. of Benson
Standard status Active
APN W15I013735S
Lot size 0.10 Acres

Taxes and HOA fees

Tax Description W MELDRUM 15 WALKERS SUB L12 P87 PLATS, W C R 15/37 30 X 139.63
Legal Description W MELDRUM 15 WALKERS SUB L12 P87 PLATS, W C R 15/37 30 X 139.63

Utilities

Water source Public
Listing Agency: Bellabay Realty Tri Counties
Listed By: Natasha C Richards · License #6502385914
Added: Sep 6, 2024 Changed: Aug 19 Last Checked: Aug 24 at 8:06PM
MLS# 20240058649

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 Islandview infill lot, offered by the Detroit Land Bank Authority, measures 30x140. The Detroit Land Bank Authority is seeking proposals for small- to medium-scale infill development aimed at increasing housing supply and restoring the urban fabric, density, and walkability. Interested buyers are advised to consult the 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. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and/or lot combinations that are otherwise available to the selected purchaser. The Detroit Land Bank Authority will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing. Please refer to the Detroit Land Bank Authority proposal guidelines.

Key Highlights

  • Infill lot (30x140) in Islandview, Detroit, suitable for small- to medium‑scale development
  • Opportunity to increase housing supply and restore urban fabric
  • Located in an area where the Detroit Land Bank Authority (DLBA) is seeking proposals for new build opportunities

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Restaurant Hair Salon

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

475
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?
Land - Islandview infill lot for small- to medium-scale development.
Where is this land located?
The property is located at 3223 MELDRUM Street Detroit, MI.
What are key features of this property?
This property features: Infill lot (30x140) in Islandview, Detroit, suitable for small- to medium‑scale development; Opportunity to increase housing supply and restore urban fabric; Located in an area where the Detroit Land Bank Authority (DLBA) is seeking proposals for new build opportunities
More about this property
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