278 belmont street, detroit, MI 48202

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.

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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Erick Monzo of Keller Williams Realty-Great Lakes

This listing last updated: Wed, January 07, 2026 at 1:51:20 PM EST

MIRealSource Listing Data Last Updated On Thursday, April 2 2026 at 9:15am