577 Lakewood Street Detroit, MI $ 104,000
577 Lakewood Street
$ 104,000
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577 Lakewood Street

Detroit, MI, 48213
$ 104,000
Bedrooms4 Baths1.0 Sq 1,760

Monthly Estimate*

$ 649

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Single Family Home for sale in Detroit, MI

for $104,000 with 4 bedrooms and 1 full bath. This 1,760 square foot home was built in 1938 on a lot size of 0.1.

Great Investor Opportunity! Located in the desirable Jefferson Chalmers area of Detroit, this brick colonial offers 4 bedrooms, 1 bathroom, an unfinished basement, and a 2-car garage. The home is livable and full of potential for the right investor looking to add value. Recent updates within the last five years include a new furnace, new hot water tank, updated electrical, and a refreshed kitchen with new flooring, countertop, and sink. The home could benefit from new windows and a small roof repair at the back, leaving plenty of room to customize and improve. Conveniently situated near neighborhood parks, the Detroit River, and the Grosse Pointe communities, this property offers both charm and opportunity. Home is being sold as is. Don’t miss your chance to take on this promising project in a sought-after Detroit neighborhood!

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Single Family Active

Price

$ 104,000

Bedrooms

4

Full Bath

1

Property Type

Single Family

Taxes

$ 1,694

Style

Colonial

Lot Size

0.1

Year Built

1938

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251056348

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession ClosePlus30Days
Garage Spaces 2.0
Architectural Style Colonial
Pool Features None
Construction Materials Brick
Year Built 1938
Levels Two
Property Subtype SingleFamilyResidence
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name WERNERS PARK SUB
Garage Y/N Y
Total Rooms 4
Full Baths 1
Status Active
Directions E Jefferson Ave Turn onto Lakewood St
City DetroitCity_Wayne
Disclosures NoRestrictions TaxesNotHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N N
High School District Detroit
MLS Area Area05066DetMcclellanEastMackToShore
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 1694.0
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
Occupancy Type Tenant
Tax Assessed Value 8732
Expected Active Date 2025-11-24
Legal Description W LAKEWOOD 167 & 1/2 OF VAC ALLEY ADJ WERNERS PARK SUB L43 P1 PLATS W C R 21/621 40 X 116
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1760.0
Half Baths 0
Total Bedrooms 4
Above Grade Finished Area Unit Type SquareFeet
Total Baths 1
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Exterior
Parking Features TwoCarGarage Detached
Water Source Public
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 40X107
Lot Size Acres 0.1
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 1 577
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* Excluded Features
List By
Jessica Crossland

Listing Agent

Downriver Homes Llc

Broker

(313) 576-6598

Phone

Affordability Calculator

$790
Per Month
82%
18%
0%
Monthly Principal & Interest
$649
Monthly Property Taxes
$141
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
12/4/2025$104,000 -4.59% Price Down
12/1/2025$109,000 -8.40% Price Down
11/24/2025$119,000 Listed Price

Map


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577 Lakewood Street, Detroit, MI, 48213 is a Single Family Home for sale at $104,000 with 1,760 sqft and a lot size of 0.1. 577 Lakewood Street has 4 bedrooms, 1.0 baths, and was built in 1938. The property's zip code is 48213 which is in Detroit, MI