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3061 Lakewood Street Detroit, MI $ 79,900
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3061 Lakewood Street
$ 79,900
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3061 Lakewood Street

Detroit, MI, 48215
$ 79,900
Bedrooms6 Baths2.0 Sq 2,728

Monthly Estimate*

$ 504

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Multi-Family Home for sale in Detroit, MI

for $79,900 with 6 bedrooms and 2 full baths. This 2,728 square foot home was built in 1925 on a lot size of 0.14.

Tremendous potential with this large (~2800 sf) 2 family property. 3 bedrooms, 1 bath in each unit that would rent for at least $1500/mo once both units are turned. The lower unit has hardwood flooring under most of the carpeting, fireplace and beautiful dark wood trim. The upper unit also has hardwood flooring under the carpeting and a fireplace. Divided basements with separate electric and gas meters. The property does needs extensive updating but has tremendous upside.

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Multi-Family Active

Price

$ 79,900

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,266

Style

Colonial

Lot Size

0.14

Year Built

1925

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261079280
Features
General
Sewer PublicSewer SewerAtStreet
Heating Gravity NaturalGas
Possession AtClose
Garage Spaces 0.0
Patio/Porch Features Covered
Architectural Style Colonial
Pool Features None
Construction Materials Brick
Pets Allowed Yes
Year Built 1925
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 32871.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name GARDEN HEIGHTS
Garage Y/N N
Full Baths 2
Status Active
Directions East on Mack Ave to Lakewood S on Lakewood to address
City DetroitCity_Wayne
Disclosures ProjectedIncome TaxesPartiallyHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area05066DetMcclellanEastMackToShore
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 1266.0
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 10378
Expected Active Date 2026-10-01
Legal Description W LAKEWOOD 111 GARDEN HEIGHTS SUB L30 P58 PLATS W C R 21/399 40 X 156.49A
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Interior
Basement Full Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2728.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source Public WateratStreet
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 40X156.49
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 3061
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* Excluded Features
List By
Danny Peterson

Listing Agent

Exp Realty Main

Broker

(810) 423-6669

Phone

Affordability Calculator

$610
Per Month
83%
17%
0%
Monthly Principal & Interest
$504
Monthly Property Taxes
$106
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/1/2026$79,900 Listed Price

Map

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3061 Lakewood Street, Detroit, MI, 48215 is a Multi-Family Home for sale at $79,900 with 2,728 sqft and a lot size of 0.14. 3061 Lakewood Street has 6 bedrooms, 2.0 baths, and was built in 1925. The property's zip code is 48215 which is in Detroit, MI

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