2950 LAKEWOOD Street Detroit, MI $ 99,999
2950 LAKEWOOD Street
$ 99,999
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2950 LAKEWOOD Street

Detroit, MI, 48215
$ 99,999
Baths2.0 Sq 2,844

Monthly Estimate*

$ 624

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Studio

Multi-Family Home for sale in Detroit, MI

for $99,999 with 2 full baths. This 2,844 square foot home was built in 1923 on a lot size of 0.14.

Welcome to 2950/2952 Lakewood Street, situated in Detroit's Garden Heights Subdivision, conveniently located between Mack Avenue and Charlevoix Street. This owner-occupied duplex multifamily property features 3 bedrooms and 1 bath in both the upstairs and downstairs units. As an attractive investment opportunity, this property is being offered for sale in its current condition, presenting potential for rental income and value appreciation. Explore the possibilities of renovating and renting out both units or making improvements for future resale. Located in a prime area, this property is poised for success in the rental market. Schedule a showing today to learn more about this exciting investment opportunity.

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Multi-Family Pending

Price

$ 99,999

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,443

Style

Duplex

Lot Size

0.14

Year Built

1923

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20250014274

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 1.0
Architectural Style Duplex
Pool Features None
Construction Materials Brick
Pets Allowed Yes
Year Built 1923
Levels Two
Property Subtype MultiFamily
County Wayne
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name GARDEN HEIGHTS (PLATS)
Garage Y/N Y
Full Baths 2
Status Pending
Directions Take Jefferson Ave to Lakewood St in Detroit then head north to 2950 located between Mack Ave and Charlevoix St.
City DetroitCity_Wayne
Disclosures ProjectedIncome TaxesNotHomesteadExempt
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 2443.0
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 Pending
Occupancy Type Owner
Tax Assessed Value 26600
TaxOtherAnnualAssessmentAmount 350.0
Expected Active Date 2025-03-06
Legal Description E LAKEWOOD 84 GARDEN HEIGHTS SUB L30 P58 PLATS W C R 21/399 40 X 153.92
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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 2844.0
Half Baths 0
Total Baths 2
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Exterior
Parking Features OneCarGarage
Water Source Public
Lot Size Area 0.14
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 40.00 x 154.00
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 2950
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* Excluded Features
List By
Kevin Mahone

Listing Agent

Keller Williams Realty-Great Lakes

Broker

(586) 541-4000

Phone

Affordability Calculator

$827
Per Month
75%
25%
0%
Monthly Principal & Interest
$624
Monthly Property Taxes
$204
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
3/5/2025$99,999 Listed Price

Map


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2950 LAKEWOOD Street, Detroit, MI, 48215 is a Multi-Family Home for sale at $99,999 with 2,844 sqft and a lot size of 0.14. 2950 LAKEWOOD Street is a studio with 2.0 baths and was built in 1923. The property's zip code is 48215 which is in Detroit, MI