#20250001636, Shalom Dubov, Listing Office: OConnor Realty Detroit, LLC
Property details
About 2203 Lothrop St
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.
Highlights
Summary
- Basement: No
- Attached Garage: No
- List Price: $20,000
- Directions: N. of W. Grand Blvd., W. of 14th.
- Lot Size: 0.2 Acres
- MLS Number: 20240024655
- MLS Name: Realcomp II Ltd
- 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.
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IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
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Last updated on: 6/3/2025, 11:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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2203 Lothrop St
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Price information
Property sales
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Tax history
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Nearby schools
1
University Preparatory Academy (PSAD) Elementary School
Public Charter KG-5
1.0 mi
•957 Holden St
2
University Preparatory Academy Psad Elementary School
Public Charter KG-5
1.2 mi
•435 Amsterdam St
2
University Preparatory Art Design Elementary School
Public Charter KG-5
1.6 mi
•10225 3rd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,387. Most Detroit, MI residents have annual incomes less than $<35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 2203 Lothrop St
The listing price of 2203 Lothrop St property is $20,000.
The property 2203 Lothrop St is land located in Detroit, Michigan, 48206.
Active Listing: 2203 Lothrop St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2203 Lothrop St are: University Preparatory Academy (PSAD) Elementary School (GreatSchools Rating 1/10), University Preparatory Academy Psad Elementary School (GreatSchools Rating 2/10), University Preparatory Art Design Elementary School (GreatSchools Rating 2/10), Thirkell Elementary-Middle School (GreatSchools Rating 1/10), George Crockett Academy (GreatSchools Rating 2/10), Sampson-Webber Leadership Academy (GreatSchools Rating 1/10), Northwestern High School (GreatSchools Rating 3/10), Henry Ford Academy: School for Creative Studies (PSAD) (GreatSchools Rating 2/10), University Preparatory Academy Psad High School (GreatSchools Rating 4/10).
The property 2203 Lothrop St is 0.2 acres.
This home is located at 2203 Lothrop St in Detroit, MI and zip code 48206 in the Rosa Parks neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $20,000.
In May 2025, from all listings sold in Detroit, MI there were more than 85 sold above asking price, over 169 sold below and more than 74 were sold right at the asked price. Between April and May 2025, Detroit, MI real estate market has seen increase in the number of listings by 12.1%. In May 2025, listings were on the market for 48 days. During the same period, the median list price in this real estate market was $90,022.