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1423 Lakewood Street

Detroit, Michigan 48215
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Bed 6

Bed

Bath 2

Bath

SqFt2,300

Sqft

Acres0.17

Acre(Lot)

Multifamily opportunity at 1423 Lakewood in Detroit! This property features two spacious units, each offering 3 bedrooms and 1 full bathroom, A full kitchen, living room and dining room making it ideal for both investors and owner-occupants. The property includes a shared basement, providing additional storage and utility space for tenants. Outside, you’ll find a large driveway with ample parking along with two separate garages—a 2.5-car garage and an additional 1.5-car garage, a rare and valuable feature for rental properties. Situated on two parcels of land, this property offers added flexibility and long-term potential for expansion or increased value. Conveniently located near major roads, shopping, and local amenities, this is a strong income-producing asset with room to grow. **Se cond floor unit's address is 1427 Lakewood St, Detroit, MI 48215** **Second parcel included is 1407 Lakewood St, Detroit, MI 48215** Don’t miss out on this versatile Detroit investment opportunity!

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Detail Ic Property Details

Property Type : Multifamily

Price : $99,900

AD Id : 77845546

MLS Id : 20261030037

Beds : 6

Lot Size : 0.17 Acre

Living Area Size : 2,300

Year Built : 1915

Garage : Garage

County : Wayne

Subdivision: Starr Acres

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Map

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Feature Features

  • Bathroom Information

    Total Baths: 2 Full Baths: 2
  • Room Information

    Porches: Porch - Covered,Porch,Covered

    Interior Features

    Roof: Asphalt Basement Description: Unfinished
  • Heating & Cooling

    Cooling: Ceiling Fan(s) Heating: Forced Air Heating Fuel: Natural Gas

    Water Heater

    Natural Gas

  • Building Information

    Year Built: 1915 Building Stories: 2 Story Total Units: 2 Roof: Asphalt Foundation/Basement: Basement Architecture: Colonial
  • Exterior Features

    Construction: Brick
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal) Water Heat: Natural Gas

  • Lot Information

    Lot Size: 0.17 Lot Dimensions: 60X123 Frontage Feet: 60
  • Property Information

    SQ ft: 2300 Subdivision: Skinner & Moores Financing: Cash,Conventional,FHA,VA

  • Listing Price Information

    Original List Price: $99,900
  • Listing Information

    Possession: At Close Legal Description: W LAKEWOOD 58 & 57 BLK 3-SKINNER & MOORES SUB L16 P58 PLATS, W C R 21/305 60X123

  • Tax Information

    Annual Tax: $1,447 Parcel Number: W21I054913C4
  • Possession

    At Close
  • Legal Information

    Legal Description: Section: W LAKEWOOD 58 & 57 BLK 3-SKINNER & MOORES SUB L16 P58 PLATS, W C R 21/305 60X123

  • Unit 3 Information

    # of Bedrooms: 2

  • 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
580 Alter Road , Detroit, MI, 48215 $350,000 3 2 1,878 1,878 SqFt
648 Alter Road , Detroit, MI, 48215 $239,900 3 2 2,988 2,988 SqFt
483 Philip Street , Detroit, MI, 48215 $175,000 4 2 2,276 2,276 SqFt
368 Piper Boulevard , Detroit, MI, 48215 $269,900 6 2 2,296 2,296 SqFt
14536 E Jefferson Avenu.., Detroit, MI, 48215 $570,000 4 2.5 5,582 5,582 SqFt
2580 Alter Road , Detroit, MI, 48215 $125,000 4 2 1,924 1,924 SqFt
2575 Ashland Street , Detroit, MI, 48215 $19,000 4 2 2,151 2,151 SqFt
471 Kitchener Street , Detroit, MI, 48215 $129,900 4 2 1,848 1,848 SqFt
926 Navahoe Street , Detroit, MI, 48215 $19,900 4 2 2,016 2,016 SqFt
3023 Gray Street , Detroit, MI, 48215 $189,900 4 2 2,054 2,054 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 06/27/2026 @ 15:01

MLS: 20261030037 LISTED BY: Moe Kassem , EXP Realty Main 888-501-7085 SOURCE: Realcomp II Ltd

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