3026 Mount Elliott Street

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Source: MiRealSource

Originating MLS: MiRealSource

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RC381215

BACK ON MARKET REDUCED PRICE - SELLERS WANT TO MAKE A DEAL !! This duplex offers an exceptional opportunity for investors and developers seeking a long-term project in one of Detroit's most strategically located neighborhoods. Situated just 10 minutes from Downtown Detroit, residents can easily access the city's major sports arenas, entertainment venues, and cultural attractions. The property is also conveniently located 10 minutes from Belle Isle Park, 5 minutes from the historic Eastern Market, and just steps away from the world-famous Heidelberg Project, a landmark outdoor art installation. With its generous dimensions and flexible layout, the home presents multiple development possibilities. The structure can be reimagined into up to four apartment units, two per floor, with additional potential for an extra unit on the third floor. The property has already completed the demolition phase, providing a clean slate for the next owner to design and build according to their specific vision. This flexibility makes it ideal for Airbnb conversions, long-term rentals, or custom residential development. The livable square footage is roughly 1,000sq ft. However, the total square footage of the home is 2,565 allowing for a wide variety of potential changes to the floor plan as most of the house is unfinished. Currently, the property includes a small apartment on the first floor, suitable for one or two occupants, which can be used as temporary housing or an initial rental unit during the renovation process. Combining a prime location, versatile structure, and unlimited design potential.

Property Information

Property Details

Location

Address

3026 Mount Elliott Street

County

Wayne

City

Detroit

Zip Code

48207 3407

Subdivision

Walkers Sub

School District

Detroit City School District

MLS Area

Detroit (82001)

Listing provided by Realtyflo Inc, (313) 466-7253

Interior Features

Beds and Baths

Bedrooms

Full Bathrooms

Building

Building Information

Square Feet

1,000

Year Built

1912

Construction

Vinyl Siding

Foundation

Basement

Financial

Special Conditions

Standard

Property Taxes

Tax Annual Amount

$3,755

3026 Mount Elliott Street, Detroit, MI 48207 3407

Market Report for 48207 3407