7950 E Lafayette Street
Detroit, MI, 48214 $ 299,000
Bedrooms3 Baths1.1 Sq 1,503 Monthly Estimate*
$ 1,888
for $299,000 with 3 bedrooms and 1 full bath, 1 half bath. This 1,503 square foot home was built in 1916 on a lot size of 0.04.
Opportunities like this don't come around often! At just $299,000, this is a chance to own a piece of one of Detroit's most sought-after historic neighborhoods at a price point that's becoming increasingly difficult to find. Whether you're looking for a primary residence or a smart long-term investment, West Village continues to be one of the city's strongest plays for lifestyle and future value. This all-brick, three-story townhome offers more than 1,500 square feet of living space with 3 bedrooms and authentic architectural details that simply can't be replicated. Warm hardwood floors, soaring ceilings, exposed brick, and original moldings showcase the home's historic soul, while the spacious kitchen features butcher block countertops, stainless steel appliances, abundant cabinetry, and plenty of room to entertain. A rare third-floor loft adds tremendous flexibility and future upside, making the perfect home office, creative studio, guest retreat, or additional finished living space. The unfinished basement offers ample storage and even more opportunity to add value over time. Step outside and enjoy everything that makes West Village one of Detroit's most desirable neighborhoods. You're just moments from Belle Isle, Little Village, neighborhood, acclaimed restaurants, and local boutiques. As investment continues to pour into the surrounding area, buying into West Village at this price is becoming increasingly rare. The value extends beyond the purchase price. Move in ready, or improve upon what is there and make it your own flare! Owners may benefit from significant annual tax savings through Detroit's Homestead Exemption (18-mill reduction), and the home also qualifies for the NEZ-H tax abatement (approximately 13.5-mill reduction) - in other words taxes WILL reduce for an owner occupant. Grab it before it is gone for good!
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FeaturesGeneralSewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Appliances Dishwasher Disposal FreeStandingGasRange FreeStandingRefrigerator Microwave Washer
Garage Spaces 0.0
Patio/Porch Features Covered Porch
Architectural Style Historic Townhouse
Pool Features None
Construction Materials Brick
Pets Allowed Yes
Year Built 1916
Levels Three
Property Subtype SingleFamilyResidence
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name CHAS BEWICKS SUB
Garage Y/N N
Total Rooms 6
Full Baths 1
Status Active
Directions West on E Lafayette from Van Dyke
City DetroitCity_Wayne
Disclosures TaxesNotHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N N
High School District Detroit
MLS Area Area05053DetWoodwardMcclellanSoMack
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 10994.0
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 131659
Expected Active Date 2026-07-08
Legal Description S E LAFAYETTE E 28.78 FT OF W 51.08 FT 24 E 28.75 FT OF W 51.05 FT OF N 9 FT OF 25CHAS BEWICKS SUB L21 P39 PLATS W C R 17/550 28.78 X 56.12A
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InteriorBasement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1503.0
Half Baths 1
Total Bedrooms 3
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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ExteriorFencing BackYard
Parking Features NoGarage
Water Source Public
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 29 x 56
Lot Size Acres 0.04
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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* Excluded FeaturesList ByErica Collica SwinkListing Agent
Max Broock, Realtors®-DetroitBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,888
- Monthly Property Taxes
- $916
- 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.
Learn more about how to save NearbySingle family listings in Detroit, MI
Average List Price $130,687
Percent of Sale Price 56%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/8/2026 | $299,000 | | Listed Price |