$35,000

278 Belmont Street, Detroit, MI 48202

Land
Built in ——
5,663sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

This property is listed in a bundle with the following four contiguous parcels and must be sold together: 278 Belmont, 288 Belmont, 296 Belmont, and 302 Belmont. These must be purchased together and cannot be split. Zoned residential, the property offers excellent potential for a new-build/infill development opportunity. How to Apply: Interestedbuyers must submit aproposal that includes: 1. Project Proposal (intended use of structure + timeline) 2.Proof of Funds (bankstatement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof ofPrevious Projects:(include addresses and photos). The DLBA is seeking proposals for small- to medium-scaleinfill developmentto increase housing supply, restore the urban fabric, and improve density and walkability.Interested buyersshould consult the proposal guidelines for new build opportunities. The DLBA alsorecommends reviewingrelevant Neighborhood Framework Plans from the City of Detroit's Planning andDevelopment Department foradditional context about the neighborhood. Please note that the DLBA is entitledto a tax capture for the 5 taxyears subsequent to transferring ownership of the property. The tax capture maybe incompatible with taxabatement that are otherwise available to the selected purchaser. DLBA will reviewrequests to waive its taxcapture rights and may require a payment in lieu of taxes to approve such requests.The payment will bedetermined upon reviewing the development proforma and effect of any tax abatement onthe purchase anddevelopment financing.

Listing Status:: Active
Date Added:: January 7, 2026
Data Last Updated:: February 14, 2026 at 8:45PM
Listing Office:: Keller Williams Realty-Great Lakes : 586-541-4000
Listing Agent:: Erick Monzo : 586-808-6436
MLS ID:: 60962247

Road/Access: Paved
Originating MLS: MiRealSource
School District: Detroit City School District
County: Wayne

Zoning: S BELMONT W 45 FT 46 MOOREHODGES & WARRENS L14 P13 PLATSW C R 1/126 45 X 128

Water: Public Water at Street
Sewer: Public At Street

Source: MiRealSource

This listing courtesy of Erick Monzo , Keller Williams Realty-Great Lakes

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Detroit International Academy for Young Women

9026 Woodward Ave, Detroit, MI, 48202

Grades PK-12

0.50 miles away

Detroit International Academy for Young Women

9026 Woodward Ave, Detroit, MI, 48202

Grades PK-12

0.50 miles away

Detroit International Academy for Young Women

9026 Woodward Ave, Detroit, MI, 48202

Grades PK-12

0.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.