Traditional style home featuring a balcony, brick siding, a front yard, and a chimney
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2935 Lakewood Street

Detroit, Michigan 48215
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Bed 6

Bed

Bath 2

Bath

SqFt2,826

Sqft

Acres0.14

Acre(Lot)

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 p roperty is best suited for investors looking to capitalize on land + structure value in an area seeing continued reinvestment. All three parcels included in sale.

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Detail Ic Property Details

Property Type : Residential

Price : $65,000

AD Id : 73912424

MLS Id : 20261001903

Beds : 6

Lot Size : 0.14 Acre

Living Area Size : 2,826

Year Built : 1924

Garage : No Garage

County : Wayne

Subdivision: Gratiot Heights

  • Map Map

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Feature Features

  • Bedroom Information

    Total Bedrooms: 6

    Bathroom Information

    Total Baths: 2 Full Baths: 2
  • Room Information

    Total Rooms: 8

    Interior Features

    Basement Description: Unfinished
  • Heating & Cooling

    Heating: Forced Air Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1924 Building Stories: 2 Story Foundation/Basement: Basement Architecture: Colonial
  • Exterior Features

    Construction: Brick
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.14 Lot Dimensions: 40X150.61 Frontage Feet: 40
  • Property Information

    SQ ft: 2826 Subdivision: Garden Heights Financing: Cash

  • Listing Price Information

    Original List Price: $70,000
  • Listing Information

    Possession: At Close Legal Description: W LAKEWOOD 95 GARDEN HEIGHTS SUB L30 P58 PLATS, W C R 21/399 40 X 150.61A

  • Tax Information

    Annual Tax: $4,001 Parcel Number: W21I054872S
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: W LAKEWOOD 95 GARDEN HEIGHTS SUB L30 P58 PLATS, W C R 21/399 40 X 150.61A

  • Parking Information

    Garage Size: No Garage
  • Multi-Unit Information

    Road Frontage: Paved

  • School Information

    School District: Detroit
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
175 Ashland Street , Detroit, MI, 48215 $294,000 2 1.5 1,017 1,017 SqFt
390 Ashland Street , Detroit, MI, 48215 $209,000 4 2 2,224 2,224 SqFt
504 Alter Road, Detroit, MI, 48215 $119,900 3 2 1,127 1,127 SqFt
371 Piper Boulevard , Detroit, MI, 48215 $189,900 3 1.5 1,560 1,560 SqFt
371 Piper Boulevard, Detroit, MI, 48215 $189,900 3 3 1,560 1,560 SqFt
1233 Ashland Street, Detroit, MI, 48215 $30,000 3 1 1,024 1,024 SqFt
725 Lakewood Street , Detroit, MI, 48215 $200,000 3 1.5 1,796 1,796 SqFt
450 Kitchener Street , Detroit, MI, 48215 $99,900 4 2 1,440 1,440 SqFt
443 Algonquin Street , Detroit, MI, 48215 $55,000 2 1 598 598 SqFt
557 Kitchener Street, Detroit, MI, 48215 $174,999 4 2 1,420 1,420 SqFt
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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 08/13/2026 @ 04:24

MLS: 20261001903 LISTED BY: James R Turner , Brookstone, Realtors LLC 248-963-0505 SOURCE: Realcomp II Ltd

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