This newest listing is offered by the Detroit Land Bank. This residential vacant lot is located in the Islandview neighborhood. Located minutes from the hustle and bustle of Downtown Detroit. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Interested buyers should consult our proposal guidelines for land-based sites and our Guide to Plot Plan, Site Design, and Maintenance. 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: Keller Williams Realty-Great Lakes
Office Phone: (586) 541-4000
Listing Agent: Erick Monzo
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Other
Directions Information:
Directions: South of Charlevoix Street, East of Mt Elliott Street
Price Information
Listing Price Info
Price Summary:
List Price: $10,500
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Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $74.4K 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: #20240073912
Listing Office:
Office Name: Keller Williams Realty-Great Lakes
Office Phone: (586) 541-4000
Listing Agent: Erick Monzo
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.
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Nearby Schools
7
/10
The James and Grace Lee Boggs School
4141 Mitchell St
Distance between this listing and this school0.90 miles
Public Charter Grades KG-4
3
/10
University Preparatory Science and Math - Elementa
2251 Antietam Ave
Distance between this listing and this school0.94 miles
Public Charter Grades KG-5
1
/10
Detroit Academy of Arts and Sciences
2985 E Jefferson Ave
Distance between this listing and this school1.12 miles
Public Charter Grades KG-5
Nearby Schools
1
/10
Detroit Academy of Arts and Sciences Middle School
2985 E Jefferson Ave
Distance between this listing and this school1.12 miles
Public Charter Grades 6-8
1
/10
University Preparatory Academy (Psad) - Middle School
5310 Saint Antoine St
Distance between this listing and this school2.15 miles
Public Charter Grades 6-8
3
/10
Timbuktu Academy of Science and Technology
10800 E Canfield St
Distance between this listing and this school2.28 miles
Public Charter Grades KG-8
Nearby Schools
1
/10
Covenant House Academy Detroit - East Site
7600 Goethe St
Distance between this listing and this school0.65 miles
Public Charter Grades 9-12
5
/10
Detroit Edison Public School Academy
1903 Wilkins St
Distance between this listing and this school1.13 miles
Public Charter Grades PK-12
3
/10
University Preparatory Science and Math (PSAD) High School
2664 Franklin St
Distance between this listing and this school1.37 miles
The neighbors living near this home have an average income of $39,000. The majority of Detroit, MI residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2525 Meldrum St
What is the listing price of this property?
The listing price of 2525 Meldrum St property is $10,500.
What type of property is this?
The property 2525 Meldrum St is land located in Detroit, Michigan, 48207.
Is this property for sale now?
Active Listing: 2525 Meldrum St is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 2525 Meldrum St in Detroit, MI and zip code 48207 in the Lower East neighborhood. This home sits on a 0.09 acre lot. It has been listed on Rocket Homes since October 08, 2024 and is currently priced at $10,500.
While more than 110 listings in Detroit, MI in September 2024 were sold above asking price, there were more than 73 listings sold at asking price, and more than 221 were sold below. In September 2024 in Detroit, MI there were 10.5% more homes for sale than in August 2024. In September 2024 median list price was $84,971 and the average listing age was 45 days.
From Rocket Homes Real Estate and based on county public records data.