2434 W DAVISON
Detroit, MI, 48238 $ 49,900
Baths0.0 Monthly Estimate*
$ 307
Studio for $49,900. The lot size is 0.17.
Welcome to 2434 W Davison—an exceptional 0.17-acre parcel of improved land located in the heart of Detroit’s historic and steadily revitalizing Russell Woods/Nardin Park neighborhood. Nestled between Davison and Livernois, this fully cleared, 66 x 109 ft lot sits on a wide, paved street lined with sidewalks and alley access, offering convenient infrastructure like public sewer and water at the street. Zoned R3 (Low Density Residential District) in the City of Detroit, this versatile lot allows for a range of permitted residential uses including single-family homes, two-family flats, townhomes, and multifamily dwellings up to four units—making it a prime opportunity for developers, builders, or owner-occupants interested in customizing a home or investment project. The R3 zoning also supports accessory uses such as home-based businesses, daycares, or religious institutions, allowing for thoughtful integration of community-oriented services. Surrounded by a proud, engaged neighborhood filled with classic brick colonials and bungalows, the lot is located minutes from Livernois Avenue of Fashion, a commercial corridor bustling with art galleries, cafés, and independent shops that reflect the city's creative spirit. Just blocks away, Russell Woods Park offers green space and recreation, while nearby schools and community centers foster strong local roots. A short drive brings you to Downtown Detroit, Wayne State University, and key cultural institutions like the Detroit Institute of Arts and Motown Museum. The area is energized by local events such as Jazz on the Ave, Motor City Makeover, and Live6 Alliance pop-up markets, all of which speak to the momentum of reinvestment and pride taking shape here. Whether you're planning to build your dream home, create a quality rental asset, or contribute to the community's growth, 2434 W Davison offers the location, flexibility, and potential to bring your vision to life.
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FeaturesGeneralSewer PublicSewer
Utilities AboveGroundUtilities
Possession AtClose
Garage Spaces 0.0
Property Subtype ImprovedLand
Current Use MixedUse Residential
Community Features Sidewalks
County Wayne
New Construction N
Property Type Land
HOA N
Attached Garage N
Subdivision Name ROBERT OAKMANS TWELFTH ST (PLATS)
Garage Y/N N
Status Active
Directions Travel North on Livernois take a right on Davison. Land is on your right hand side past Broadstreet Ave.
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial MultiFamily Office Residential
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 84.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 1000
TaxOtherAnnualAssessmentAmount 0.0
Expected Active Date 2025-06-17
Legal Description N DAVISON 15-16 EXC DAVISON AVE AS WD ROBERT OAKMANS TWELFTH ST SUB L34 P90 PLATS W C R 10/135 66.35 X 109.05A
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ExteriorFencing Fenced FencingAllowed
Parking Features AlleyAccess
Lot Features Cleared Sidewalk
Water Source WateratStreet
Lot Size Area 0.17
Spa N
Lot Dimensions 66.00 x 109.00
Lot Size Acres 0.17
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $307
- Monthly Property Taxes
- $7
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Detroit, MI
Average List Price $71,384
Percent of Sale Price 43%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/17/2025 | $49,900 | | Listed Price |