561 Lakewood Street Detroit, MI $ 315,000
561 Lakewood Street
$ 315,000
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561 Lakewood Street

Detroit, MI, 48215
$ 315,000
Bedrooms5 Baths3.1 Sq 2,230

Monthly Estimate*

$ 1,965

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Single Family Home for sale in Detroit, MI

for $315,000 with 5 bedrooms and 3 full baths, 1 half bath. This 2,230 square foot home was built in 1923 on a lot size of 0.13.

New reduced price and move-in Ready Colonial in Jefferson Chalmers. Welcome to this stunning, fully renovated five-bedroom, three and a half-bath brick Colonial in vibrant Jefferson Chalmers—ideally situated between downtown Detroit and Grosse Pointe. This turnkey home blends timeless architecture with modern upgrades, offering the perfect move-in-ready opportunity for today’s urban buyer. Step into a bright living room with a classic natural fireplace and beautifully restored hardwood floors that flow seamlessly into the dining room. The spacious, reimagined kitchen is a showstopper—featuring brand-new cabinetry, stretches of granite countertops, and sleek ceramic tile floors. A stylish powder room and convenient side entry make daily living a breeze. Just off the kitchen, a bright first-floor bedroom with its own ensuite full bath adds flexibility for guests, work-from-home, or single-level living. Upstairs, find four comfortable bedrooms, including a private primary suite with a full bath. The generous, unfinished basement offers plenty of storage and potential for future finishing. Behind the walls, all the work is done—with new electrical, plumbing, and central air on the second floor. NEZ-Homestead eligible for potential property tax savings, this home offers both value and lifestyle in one of Detroit’s most exciting, historic neighborhoods. Move in, settle down, and enjoy your urban oasis—schedule your private tour today.

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Single Family Contingent

Price

$ 315,000

Bedrooms

5

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 2,228

Style

Colonial

Lot Size

0.13

Year Built

1923

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251022003

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas Steam
Cooling CentralAir
Possession AtClose
Appliances None
Garage Spaces 1.0
Patio/Porch Features Porch
Architectural Style Colonial
Pool Features None
Construction Materials Brick
Exclusions Exclusion(s) Do Not Exist
Year Built 1923
Levels Two
Property Subtype SingleFamilyResidence
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage N
Contingency AcceptingBackupOffers
Subdivision Name LAKEWOOD BLVD ADD
Garage Y/N Y
Total Rooms 8
Full Baths 3
Status Accepting Backup Offers
Directions Between Freud St and Essex Dr
City DetroitCity_Wayne
Disclosures ExclusionsDoNotExist NoRestrictions TaxesNotHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N N
High School District Detroit
MLS Area Area05051Det68DequindreToConner
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2228.0
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 ActiveUnderContract
Occupancy Type Vacant
Tax Assessed Value 12945
Expected Active Date 2025-08-04
Legal Description W LAKEWOOD S 2 FT 45 46 LAKEWOOD BLVD ADDITION SUB L30 P6 PLATS W C R 21/401 42 X 129.64A
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Interior
Basement Unfinished
Furnished Y/N Unfurnished
Fireplace Features LivingRoom
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 2230.0
Half Baths 1
Total Bedrooms 5
Above Grade Finished Area Unit Type SquareFeet
Total Baths 4
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Exterior
Parking Features OneCarGarage Detached
Water Source Public
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 42X129.64
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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Internal Only
Street Number 1 561
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* Excluded Features
List By
Michael Coffindaffer

Listing Agent

Max Broock, Realtors®-Detroit

Broker

(313) 670-0031

Phone

Affordability Calculator

$2,151
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,965
Monthly Property Taxes
$186
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.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/31/2025$315,000 -1.53% Price Down
10/1/2025$319,900 -3.03% Price Down
8/4/2025$329,900 Listed Price

Map


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561 Lakewood Street, Detroit, MI, 48215 is a Single Family Home for sale at $315,000 with 2,230 sqft and a lot size of 0.13. 561 Lakewood Street has 5 bedrooms, 3.1 baths, and was built in 1923. The property's zip code is 48215 which is in Detroit, MI