Price Reduction
Address
2935 Lakewood Street, Detroit, MI
Price
$ 60,000
Property Attributes
- MLS#60962868
- TypeSingle Family
- Listing Status Active
- CountyWAYNE
- CityDetroit
- AreaDetroit
- NeighborhoodGarden Heights
- Zip48215
- StyleColonial
- Year Built1924
- Taxes$ 4001
- Price$ 60,000
- Bedrooms6
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2826
- Lot Size0.14 Acres
Data Source:
MiRealSource (MIRS)
Property Description
INVESTOR SPECIAL with significant upside! 2935 Lakewood Street is being sold with two adjacent lots [2927 and 2919], creating a rare three-parcel package in Detroit's 48215 area. This is an ideal opportunity for a fix-and-flip, rental portfolio expansion, or redevelopment play. The existing home offers a solid footprint ready for renovation (ROOF 2020, MOST WINDOWS NEW), while the additional lots dramatically increase value potential--perfect for new construction, expansion, or future resale (buyer to verify zoning and use, currently zoned R2 [two family] / Room measurements may not be accurate). Located on a residential street with improving surrounding values and proximity to Jefferson-Chalmers, the riverfront, and major commuter routes. Priced with rehab in mind and sold AS-IS, this property is best suited for investors looking to capitalize on land + structure value in an area seeing continued reinvestment. All three parcels included in sale.
| Price History | |
|---|---|
| 1/10/2026 | Listed $70,000 |
| 6/1/2026 | 8$65,000 |
| 9/15/2026 | 8$60,000 |
General Features
| Heating | Forced Air |
|---|---|
| Possession | At Close |
| Water | Public Water |
| Status | Active |
| Full Baths | 2 |
| Bathrooms | 2 |
| Year Built | 1924 |
| Subdivision | Garden Heights |
| Style | Colonial |
| County | Wayne |
| Class | RESIDENTIAL |
| Type | Single Family |
| Ownership | Private |
| Associated Document Count | 1 |
| Status | Active |
| Subdivision | MI |
| Sale/Rent | For Sale |
| Manufactured Y/N | No |
| Structure Style | 2 Story |
| Subj to Short Sale Apprvl | No |
| Home Warranty Y/N | No |
| Area | Detroit (82001) |
| Primary City | Detroit |
| Directions | S of Mack,W of Alter |
| City | Detroit |
| School District | Detroit City School District |
| Lease Y/N | No |
| Originating MLS | RealComp |
| Source MLS | MI Real Source |
| Financial Terms | Cash |
| Legal Description | W LAKEWOOD 95 GARDEN HEIGHTS SUB L30 P58 PLATS,W C R 21/399 40 X 150.61A |
| DOM | 257 |
| Postal Code | 48215 |
| Price Per Sq Ft Total AG | 21.23 |
| Public Remarks | INVESTOR SPECIAL with significant upside! 2935 Lakewood Street is being sold with two adjacent lots [2927 and 2919] |
Interior Features
| Basement | Unfinished |
|---|---|
| Bedroom 3 Level | Second |
| Bedroom 1 Level | Second |
| Bedroom 2 Level | Second |
| Bedroom 4 Width | 10 |
| Bedroom 2 Width | 10 |
| Bedroom 3 Width | 10 |
| Bedroom 4 Length | 10 |
| Bedroom 2 Length | 10 |
| Bedroom 3 Length | 10 |
| Bedroom 5 Length | 10 |
| Beds | 6 |
| Fireplace? | No |
| Total Rooms | 8 |
| Bedroom 6 Length | 10 |
| Bedroom 5 Width | 10 |
| Bedroom 6 Width | 10 |
| Bedroom 1 Length | 10 |
| Bedroom 1 Width | 10 |
| Bedroom 6 Level | Entry |
| Below Grade SqFt | 1413 |
| Above Grade SqFt | 2826 |
| Basement Y/N | Yes |
| Total SqFt Finished | 2826 |
Exterior Features
| Exterior | Brick |
|---|---|
| Frontage | 40 |
| Lot Size Area | 0.14 |
| Pool (Y/N) | No |
| Lot Dimensions | 40X150.61 |
| Roads | Paved Street |
| FOUNDATION TYPE | Basement |
| Waterfront Y/N | No |
| Garage Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 48215
Price
Taxes
Year Built
Visits
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