2641 Trumbull Street
Detroit, MI, 48216 $ 1,600,000
Baths0.0 Monthly Estimate*
$ 9,982
Studio for $1,600,000. The lot size is 0.13.
Prominently located in North Corktown, this 1.6-acre development site offers more than 248 feet of frontage along Trumbull Avenue. The property includes conceptual plans for an 80-unit apartment building and is ideally positioned within walking distance to Corktown and Ford’s Michigan Central Station, which recently unveiled its transformative $740 million renovation. Ford’s Corktown Campus is projected to bring over 5,000 new jobs to the area, creating demand for approximately 1,100 new residential units—making this an ideal opportunity for residential development. The seller has completed an ALTA survey, Phase I and II environmental assessments, and a Baseline Environmental Assessment (BEA). Additional adjacent parcels may be available through the Detroit Land Bank Authority, offering further potential for expansion. Includes Parcels: 2641 Trumbull, 2629 Trumbull, 2601 Trumbull, 1530 Pine, 1540 Pine, 1544 Pine, 1550 Pine, 1558 Pine, 1564 Pine, 1580 Pine, 1547 Spruce, 1549 Spruce, 1551 Spruce, 1563 Spruce, 1571 Spruce, 1577 Spruce. Landbank Parcels 2623 Trumbull, 2609 Trumbull, 1568 Pine
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FeaturesGeneralSewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Property Subtype UnimprovedLand
County Wayne
New Construction N
Property Type Land
HOA N
Attached Garage N
Subdivision Name BLK 94 WILLIAM L WOODBRIDGES SUB
Garage Y/N N
Status Active
Directions NE Corner Trumbull and Spruce
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Residential
MLS Area Area05101DetSouthOfGrandRiver
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 114.0
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 681
Expected Active Date 2025-06-29
Legal Description W TRUMBULL 21 EXC W 42 FT OF N 47.5 FT N 2 FT OF LOT 22 BLK 93 WM L WOODBRIDGES SUB L4 P82 PLATS W C R 8/34 51 IRREG
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ExteriorWater Source Public
Spa N
Lot Dimensions 430x250
Lot Size Acres 0.13
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
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* Excluded FeaturesList ByVincent MazzolaListing Agent
O'connor Realty Detroit, LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $9,982
- Monthly Property Taxes
- $10
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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 $72,447
Percent of Sale Price 95%
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 |
|---|
| 6/30/2025 | $1,600,000 | | Listed Price |