4327 Lakewood Street
Detroit, Michigan 48215
6
Bed
2
Bath
2,416Sqft
0.15Acre(Lot)
Excellent investment opportunity on Detroit’s east side! This duplex on Lakewood Avenue has been owned by the same family for 55 years and is ready for its next chapter. The property offers tremendous potential for investors, owner-occupants, or buyers looking to renovate and build equity. With some TLC, this duplex could become a strong income-producing property or once again serve as a beautiful multi-generational family home. An adjacent vacant lot, under a separate address, is also available for purchase and may be purchased separately or together with the duplex, offering additional possibilities for expansion, parking, outdoor living, or future development (subject to local approvals). Bring your vision and unlock the potential of this East Detroit gem!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 6Bathroom Information
Total Baths: 2 Full Baths: 2 -
Room Information
Total Rooms: 11 Porches: CoveredInterior Features
Roof: Asphalt Basement Description: Unfinished Fireplace: Yes -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural GasFireplace
Living Room
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Building Information
Year Built: 1923 Building Stories: 2 Story Fireplace: Living Room Roof: Asphalt Foundation/Basement: Basement Architecture: Colonial -
Exterior Features
Fenced Construction: Brick -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.15 Lot Dimensions: 50X133.75 Frontage Feet: 50 -
Property Information
SQ ft: 2416 Subdivision: Hagers John A Oneida Park Financing: Cash,Conventional,FHA,VA
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Listing Price Information
Original List Price: $175,000 -
Listing Information
Possession: At Close Legal Description: W LAKEWOOD 24 JOHN A HAGERS ONEIDA PARK SUB L33 P82 PLATS, W C R 21/441 50 X 133.75A
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Tax Information
Annual Tax: $3,217 Parcel Number: W21I054816S -
Possession
At Close -
Legal Information
Legal Description: Section: W LAKEWOOD 24 JOHN A HAGERS ONEIDA PARK SUB L33 P82 PLATS, W C R 21/441 50 X 133.75A
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Parking Information
Garage Size: No Garage -
Multi-Unit Information
Road Frontage: Paved
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School Information
School District: Detroit -
Fire Place Information
Fire Place: Yes Fire Place Location: Living Room -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 351 Chalmers Street , Detroit, MI, 48215 | $199,900 | 3 | 1 | 1,410 | 0.14 Acre |
| 712 Chalmers Street , Detroit, MI, 48215 | $339,900 | 5 | 2 | 2,311 | 0.13 Acre |
| 225 Ashland Street , Detroit, MI, 48215 | $199,000 | 4 | 2 | 1,512 | 0.08 Acre |
| 221 Philip Street , Detroit, MI, 48215 | $138,000 | 4 | 1 | 1,450 | 0.12 Acre |
| 504 Alter Road, Detroit, MI, 48215 | $119,900 | 3 | 2 | 1,127 | 0.10 Acre |
| 432 Manistique , Detroit, MI, 48215 | $214,000 | 3 | 1 | 1,323 | 0.24 Acre |
| 229 Chalmers Street , Detroit, MI, 48215 | $149,900 | 4 | 2 | 113 | 0.13 Acre |
| 637 Manistique Street , Detroit, MI, 48215 | $265,000 | 4 | 3 | 2,548 | 0.11 Acre |
| 315 Lakewood Street , Detroit, MI, 48215 | $255,000 | 3 | 1.5 | 1,615 | 0.12 Acre |
| 388 Lakewood Street , Detroit, MI, 48215 | $229,000 | 4 | 2 | 1,379 | 0.14 Acre |
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ByOwner last updated this listing 09/12/2026 @ 10:06
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