Shovel-Ready Residential Lot in Detroit's Northend Discover an exceptional investment opportunity in the heart of Detroit's vibrant Northend neighborhood! This expansive residential lot, located at 515 E Euclid, consists of two combined parcels with all city approvals in place, ready for immediate development. The site is primed for up to 8 attached units, offering a fantastic opportunity for developers or investors looking to build a contemporary multi-family residence. This shovel-ready project is perfectly situated in a rapidly revitalizing area, offering convenient access to local amenities, public transportation, and major thoroughfares. Whether you're looking to develop modern townhomes, chic apartments, or upscale condominiums, this lot provides the perfect canvas to bring your vision to life. Take advantage of this rare chance to contribute to the dynamic growth of Detroit's Northend and create a desirable living space in a thriving community. Don't miss out on this ready-to-go project!
Property Details
Property Features
Listing Office:
Office Name: Real Broker LLC Troy
Office Phone: (517) 200-3245
Listing Agent: Ron Otto
Lot Features
Lot Information:
Lot Size: 0.16 Acres
Other
Directions Information:
Directions: Corner of Euclid and Beaubien
Price Information
Listing Price Info
Price Summary:
List Price: $120,000
Tax Information:
Annual Amount: $38
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Detroit, MI.
This property is $35K more 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: #20240055252
Listing Office:
Office Name: Real Broker LLC Troy
Office Phone: (517) 200-3245
Listing Agent: Ron Otto
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
2
/10
University Preparatory Academy Psad Elementary School
435 Amsterdam St
Distance between this listing and this school0.98 miles
Public Charter Grades KG-5
2
/10
University Preparatory Art Design Elementary School
10225 3rd St
Distance between this listing and this school1.16 miles
Public Charter Grades KG-5
1
/10
University Preparatory Academy (PSAD) Elementary School
957 Holden St
Distance between this listing and this school1.25 miles
Public Charter Grades KG-5
Nearby Schools
3
/10
Holbrook Elementary School
2361 Alice St
Distance between this listing and this school1.05 miles
Public District Grades KG-8
4
/10
Hanley International Academy
2400 Denton St
Distance between this listing and this school1.05 miles
Public Charter Grades PK-8
3
/10
Golightly Education Center
5536 Saint Antoine St
Distance between this listing and this school1.20 miles
Public District Grades PK-8
Nearby Schools
5
/10
Detroit International Academy for Young Women
9026 Woodward Ave
Distance between this listing and this school0.50 miles
Public District Grades PK-12
2
/10
Henry Ford Academy: School for Creative Studies (PSAD)
485 W Milwaukee St
Distance between this listing and this school0.82 miles
Public Charter Grades 6-12
5
/10
Oakland International Academy High School
2619 Florian St
Distance between this listing and this school1.16 miles
The neighbors living near this home have an average income of $23,902. Most Detroit, MI residents have annual incomes less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 515 E Euclid St
What is the listing price of this property?
The listing price of 515 E Euclid St property is $120,000.
What type of property is this?
The property 515 E Euclid St is land located in Detroit, Michigan, 48202.
Is this property for sale now?
Active Listing: 515 E Euclid St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $38 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 13, 2019 for $129,618. (source: MLS/tax record).
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This home is located at 515 E Euclid St in Detroit, MI and zip code 48202 in the Midtown neighborhood. This home sits on a 0.16 acre lot. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $120,000.
While more than 125 listings in Detroit, MI in October 2024 were sold above asking price, there were more than 93 listings sold at asking price, and more than 257 were sold below. Between September 2024 and October 2024, Detroit, MI real estate market has seen increase in the number of listings by 11.2%. In October 2024 median list price was $85,000 and the average listing age was 45 days.
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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