MLS # 20240028506 (Realcomp)

Two property deal. Sold with 2373 Elmhurst. Both lots total 16,401 sqft. Property zoned as R3. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult DLBA proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. All offers must be supported by Proof of Funds (funds should meet or exceed development costs). Note that the DLBA 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 abatement that are otherwise available to the selected purchaser. DLBA 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 abatement on the purchase and development financing. See attached documents for DLBA requirements and offer submission info. BATVAI Please see attached documents for DLBA requirements and offer submission information.
Source: SparkMLS
Listed at $24,000.
Broadband is available with download speeds up to 1,200 Mbps from 7 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Sale & Financing
Source: SparkMLS
Source: Public Records
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
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Leonard A Pickett
RCH Brokerage Legacy Inc
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Download
1.2 Gbps
Upload
35 Mbps
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
2363 ELMHURST Street, Detroit, MI 48206
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Neighborhood
Durfee
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Community
Detroit
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County
Wayne County
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