3061 Lakewood Street Detroit, MI ^$ 79,900

3061 Lakewood Street

^$ 79,900

Back to search

Recently Listed

3061 Lakewood Street

Detroit, MI, 48215

^$ 79,900

Bedrooms-- Baths2.0 Sq 2,728

Monthly Estimate*

^$ 504

3061 Lakewood Street, Detroit, MI 48215 - Image 1

3061 Lakewood Street, Detroit, MI 48215 - Image 2

3061 Lakewood Street, Detroit, MI 48215 - Image 3

3061 Lakewood Street, Detroit, MI 48215 - Image 4

3061 Lakewood Street, Detroit, MI 48215 - Image 5

3061 Lakewood Street, Detroit, MI 48215 - Image 6

3061 Lakewood Street, Detroit, MI 48215 - Image 7

3061 Lakewood Street, Detroit, MI 48215 - Image 8

3061 Lakewood Street, Detroit, MI 48215 - Image 9

3061 Lakewood Street, Detroit, MI 48215 - Image 10

3061 Lakewood Street, Detroit, MI 48215 - Image 11

3061 Lakewood Street, Detroit, MI 48215 - Image 12

3061 Lakewood Street, Detroit, MI 48215 - Image 13

3061 Lakewood Street, Detroit, MI 48215 - Image 14

3061 Lakewood Street, Detroit, MI 48215 - Image 15

3061 Lakewood Street, Detroit, MI 48215 - Image 16

3061 Lakewood Street, Detroit, MI 48215 - Image 17

Multi-Family Home for sale in Detroit, MI

for $79,900 with 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.

Multi-Family Active

Price

^$ 79,900

Full Bath

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

61035261

Features

General

Heating Gravity

Possession At Close

Water Public Water Public Water at Street

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1925

Subdivision Garden Heights MI

Water Heater Gas

Style Colonial

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 32871

Ownership Private

Municipality Detroit

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions East on Mack Ave to Lakewood S on Lakewood to address

City Detroit

School District Detroit City School District

Financial Terms Cash FHA 203K

Legal Description W LAKEWOOD 111 GARDEN HEIGHTS SUB L30 P58 PLATS W C R 21/399 40 X 156.49A

DOM 2

Postal Code 48215

Price Per Sq Ft Total AG 29.29

Public Remarks Tremendous potential with this large (~2800 sf) 2 family property. 3 bedrooms

Exterior

Exterior Brick

Frontage 40

Lot Size Area 0.14

Lot Dimensions 40X156.49

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Danny Peterson

Listing Agent

Exp Realty Main

Broker

danny.peterson@exprealty.com

Affordability Calculator

$610

Per Month

Monthly Principal & Interest: $504
Monthly Property Taxes: $106
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$243,662

Percent of Sale Price 205%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/1/2026	$79,900		Listed Price

Map

More homes like this one

homes for you

See all

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 2.0 baths and was built in 1925. The property's zip code is 48215 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

3061 Lakewood Street

Multi-Family Home for sale in Detroit, MI

Affordability Calculator

Map

More homes like this one

Get more info about this home