388 Lakewood Street Detroit, MI $ 274,000
388 Lakewood Street
$ 274,000
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388 Lakewood Street

Detroit, MI, 48215
$ 274,000
Bedrooms4 Baths2.0 Sq 2,044

Monthly Estimate*

$ 1,687

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Single Family Home for sale in Detroit, MI

for $274,000 with 4 bedrooms and 2 full baths. This 2,044 square foot home was built in 1924 on a lot size of 0.14.

Welcome to this beautifully maintained 4-bedroom, 2-bath Dutch Colonial, offering over 2,000 square feet of finished living space. Built in 1924, this home blends timeless character with thoughtful modern updates. The inviting living room features hardwood-style flooring, crown molding, recessed lighting, and a cozy fireplace. The updated kitchen boasts newer cabinetry, stainless steel appliances, stone countertops, and abundant natural light. Upstairs, you’ll find spacious bedrooms with vaulted ceilings and updated baths with tile finishes and modern vanities. The finished basement extends your living space with recessed lighting, perfect for a family room, office, or recreation area. Outdoor living is just as enjoyable with a charming covered front porch and a large backyard, ideal for entertaining. This home also includes a 4-panel solar tree generating approximately 1,400 watts of energy. Situated just three blocks from the recently renovated Alfred Brush Ford Park and the Fox Creek Canals, this Detroit gem is also minutes from Windmill Point Lighthouse, Riverfront-Lakewood East Park, schools, shopping, and major roadways. Move-in ready and full of charm—schedule your showing today!

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Single Family Active

Price

$ 274,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 2,093

Style

Dutch Colonial

Lot Size

0.14

Year Built

1924

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261030604

Features
General
Sewer SewerAtStreet
Heating ForcedAir NaturalGas
Possession AtClose
Roof Asphalt
Appliances Dryer FreeStandingGasRange FreeStandingRefrigerator StainlessSteelAppliances Washer
Garage Spaces 0.0
Patio/Porch Features Covered Porch
Architectural Style DutchColonial
Pool Features None
Construction Materials Brick VinylSiding
Exclusions Exclusion(s) Do Not Exist
Year Built 1924
Levels Two
Property Subtype SingleFamilyResidence
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage N
Garage Y/N N
Total Rooms 7
Full Baths 2
Status Active
Directions Heading Southwest on Jefferson Avenue toward Alter Road turn Left onto Lakewood St.
City DetroitCity_Wayne
Disclosures ExclusionsDoNotExist 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 2093.0
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 9300
Expected Active Date 2026-05-01
Legal Description E LAKEWOOD 15 AND W 9 FT VAC ALLEY ADJ AVONDALE SUB L28 P59 PLATS W C R 21/381 40 X 149.02
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Interior
Basement Finished
Fireplace Features LivingRoom
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Above Grade Finished Area 1379.0
Half Baths 0
Laundry Features LaundryRoom
Total Bedrooms 4
Below Grade Finished Area 665.0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Parking Features NoGarage
Water Source Public
Foundation Details Basement Poured
Spa N
Lot Dimensions 40X149.02
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 1 388
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* Excluded Features
List By
Erick Monzo

Listing Agent

Keller Williams Realty-Great Lakes

Broker

(586) 210-3350

Phone

Affordability Calculator

$1,861
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,687
Monthly Property Taxes
$174
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
Pricing History
DatePricePrice ChangeDescription
5/2/2026$274,000 Listed Price

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388 Lakewood Street, Detroit, MI, 48215 is a Single Family Home for sale at $274,000 with 2,044 sqft and a lot size of 0.14. 388 Lakewood Street has 4 bedrooms, 2.0 baths, and was built in 1924. The property's zip code is 48215 which is in Detroit, MI