Great vacant lot opportunity to build new housing in a thriving community close to Motown Museum, Henry Ford Hospital, New Center/Downtown Area. The DLBA is seeking proposals that are 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 our 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. Please 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.
Property Details
Property Features
Listing Office:
Office Name: Bellabay Realty Tri Counties
Office Phone: (248) 274-6614
Listing Agent: Natasha C Richards
Lot Features
Lot Information:
Lot Size: 0.20 Acres
Other
Directions Information:
Directions: N. of W. Grand Blvd., W. of 14th.
Price Information
Listing Price Info
Price Summary:
List Price: $20,000
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Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $65K less than the Median Sold Price in Detroit, MI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Realcomp II Ltd
MLS Number: #20240024655
Listing Office:
Office Name: Bellabay Realty Tri Counties
Office Phone: (248) 274-6614
Listing Agent: Natasha C Richards
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
1
/10
University Preparatory Academy (PSAD) Elementary School
957 Holden St
Distance between this listing and this school0.96 miles
Public Charter Grades KG-5
2
/10
University Preparatory Academy Psad Elementary School
435 Amsterdam St
Distance between this listing and this school1.15 miles
Public Charter Grades KG-5
2
/10
University Preparatory Art Design Elementary School
10225 3rd St
Distance between this listing and this school1.59 miles
Public Charter Grades KG-5
Nearby Schools
1
/10
Thirkell Elementary-Middle School
7724 14th St
Distance between this listing and this school0.21 miles
Public District Grades KG-8
2
/10
George Crockett Academy
4851 14th St
Distance between this listing and this school1.11 miles
Public Charter Grades PK-8
1
/10
Sampson-Webber Leadership Academy
4700 Tireman St
Distance between this listing and this school1.35 miles
Public District Grades PK-8
Nearby Schools
3
/10
Northwestern High School
2200 W Grand Blvd
Distance between this listing and this school0.55 miles
Public District Grades 9-12
2
/10
Henry Ford Academy: School for Creative Studies (PSAD)
485 W Milwaukee St
Distance between this listing and this school1.09 miles
Public Charter Grades 6-12
4
/10
University Preparatory Academy Psad High School
600 Antoinette St
Distance between this listing and this school1.13 miles
The neighbors living near this home have an average income of $38,387. Typical income of Detroit, MI residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2203 Lothrop St
What is the listing price of this property?
The listing price of 2203 Lothrop St property is $20,000.
What type of property is this?
The property 2203 Lothrop St is land located in Detroit, Michigan, 48206.
Is this property for sale now?
Active Listing: 2203 Lothrop St is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 2203 Lothrop St in Detroit, MI and zip code 48206 in the Rosa Parks neighborhood. This home sits on a 0.20 acre lot. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $20,000.
In October 2024 more than 125 listings in Detroit, MI were sold above the asking price. During the same period more than 93 listings were sold at asking price, while more than 257 were sold below. In October 2024 in Detroit, MI there were 11.2% more homes for sale than in September 2024. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $85,000.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 
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