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2935 Lakewood Street Detroit, MI $ 70,000
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2935 Lakewood Street
$ 70,000
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2935 Lakewood Street

Detroit, MI, 48215
$ 70,000
Bedrooms4 Baths3.0 Sq 2,826

Monthly Estimate*

$ 431

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Single Family Home for sale in Detroit, MI

for $70,000 with 4 bedrooms and 3 full baths. This 2,826 square foot home was built in 1924 on a lot size of 0.14.

INVESTOR SPECIAL with significant upside! 2935 Lakewood Street is being sold with two adjacent lots [2927 and 2919], creating a rare three-parcel package in Detroit’s 48215 area. This is an ideal opportunity for a fix-and-flip, rental portfolio expansion, or redevelopment play. The existing home offers a solid footprint ready for renovation (ROOF 2020, MOST WINDOWS NEW), while the additional lots dramatically increase value potential—perfect for new construction, expansion, or future resale (buyer to verify zoning and use, currently zoned R2 [two family] / Room measurements may not be accurate). Located on a residential street with improving surrounding values and proximity to Jefferson-Chalmers, the riverfront, and major commuter routes. Priced with rehab in mind and sold AS-IS, this property is best suited for investors looking to capitalize on land + structure value in an area seeing continued reinvestment. All three parcels included in sale.

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Single Family Active

Price

$ 70,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 4,001

Style

Colonial

Lot Size

0.14

Year Built

1924

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261001903
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Architectural Style Colonial
Pool Features None
Construction Materials Brick
Year Built 1924
Levels Two
Property Subtype SingleFamilyResidence
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name GARDEN HEIGHTS
Garage Y/N N
Total Rooms 4
Full Baths 3
Status Active
Directions S of Mack W of Alter
City DetroitCity_Wayne
Disclosures NoRestrictions TaxesNotHomesteadExempt
Entry Location GroundLevel
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 4001.0
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 Vacant
Tax Assessed Value 22425
Expected Active Date 2026-01-10
Legal Description W LAKEWOOD 95 GARDEN HEIGHTS SUB L30 P58 PLATS W C R 21/399 40 X 150.61A
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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 2826.0
Half Baths 0
Total Bedrooms 4
Above Grade Finished Area Unit Type SquareFeet
Total Baths 3
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Exterior
Parking Features NoGarage
Water Source Public
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 40X150.61
Lot Size Acres 0.14
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 2935
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* Excluded Features
List By
James R Turner

Listing Agent

Brookstone, Realtors Llc

Broker

(248) 607-0874

Phone

Affordability Calculator

$764
Per Month
56%
44%
0%
Monthly Principal & Interest
$431
Monthly Property Taxes
$333
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.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
1/10/2026$70,000 Listed Price

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2935 Lakewood Street, Detroit, MI, 48215 is a Single Family Home for sale at $70,000 with 2,826 sqft and a lot size of 0.14. 2935 Lakewood Street has 4 bedrooms, 3.0 baths, and was built in 1924. The property's zip code is 48215 which is in Detroit, MI

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