Rare opportunity offering the best of both worlds, this exceptional property features an impressive 2,219 square foot, 4 bedroom, 2 bath owner's residence occupying the second and third floors along with a spacious 3 bedroom first floor apartment providing an excellent opportunity for rental income to help offset your monthly housing expenses. Enjoy the space, privacy and comfort of a single family home while benefiting from an income producing property. Unlike purchasing a comparable single family residence, this unique opportunity allows you to have rental income working to reduce your overall cost of ownership. The beautifully renovated owner's suite features a high end, open concept kitchen, spacious primary bedroom with adjoining sitting room, generous living and dining areas and a remodeled bathroom. Ideally located just steps from Grosse Pointe Park's revitalized Kercheval business district, with its outstanding restaurants, cafés and boutique shops and just a short walk to both Windmill Pointe Park and Patterson Park. Extensive improvements include remodeled kitchens and bathrooms in both units, mini split HVAC system on the second and third floors, replacement windows, updated electrical panels, plumbing and electrical improvements, two high efficiency water heaters, updated flooring and fresh interior paint. Additional features include a detached 2 car garage, driveway parking for three or more vehicles, covered front porches, decorative landscaping and a shared basement recreation and laundry area with separate washers and dryers for each unit. An exceptional opportunity to enjoy the lifestyle of a spacious single family home while letting rental income help pay for it; all in one of Grosse Pointe Park's most desirable locations.
For sale
$649,900
1243 Lakepointe St, Grosse Pointe Park, MI 48230
7beds
3,976sqft
Single Family Residence, Duplex
Built in 1917
5,662 Square Feet Lot
$629,400 Zestimate®
$163/sqft
$-- HOA
What's special
Updated flooringFresh interior paintRemodeled bathroomCovered front porchesDecorative landscapingUpdated electrical panelsPlumbing and electrical improvements
- 1 day
- 229
- 19
Zillow last checked:
Listing updated:
Listed by:
Steven P Scavone 586-416-4160,
Shorepointe Real Estate Assoc., Inc. 586-416-4160
Source: MiRealSource,MLS#: 50226817
Originating MLS: MiRealSource
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Den/Study/Lib, Entry, Bedroom, In-Law/auPair/Ste, Living Room, Loft, Recreation Room, Sun/Florida Room, Utility/Laundry Room, Workshop, Office, Bonus Room, Bathroom, Second Flr Full Bathroom, Breakfast Nook/Room, Dining Room
Bedroom
- Features: Vinyl
- Level: First
- Area: 90
- Dimensions: 10 x 9
Bedroom 1
- Features: Vinyl
- Level: Second
- Area: 150
- Dimensions: 15 x 10
Bedroom 2
- Features: Wood
- Level: Second
- Area: 100
- Dimensions: 10 x 10
Bedroom 3
- Features: Wood
- Level: Second
- Area: 88
- Dimensions: 11 x 8
Bedroom 4
- Features: Vinyl
- Level: First
- Area: 100
- Dimensions: 10 x 10
Bedroom 5
- Features: Vinyl
- Level: First
- Area: 96
- Dimensions: 12 x 8
Bathroom 1
- Features: Ceramic
- Level: First
- Area: 50
- Dimensions: 10 x 5
Bathroom 2
- Features: Ceramic
- Level: Second
- Area: 60
- Dimensions: 10 x 6
Bathroom 3
- Features: Ceramic
- Level: Third
- Area: 65
- Dimensions: 13 x 5
Dining room
- Area: 195
- Dimensions: 15 x 13
Kitchen
- Area: 154
- Dimensions: 14 x 11
Living room
- Area: 180
- Dimensions: 15 x 12
Office
- Level: Second
- Area: 216
- Dimensions: 18 x 12
Heating
- Boiler, Other, Natural Gas
Cooling
- Other, Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Gas Water Heater
- Laundry: Laundry Room, In Basement
Features
- Walk-In Closet(s), Eat-in Kitchen
- Flooring: Ceramic Tile, Hardwood, Vinyl, Wood, Concrete
- Basement: Block,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 4,915
- Total interior livable area: 3,976 sqft
- Finished area above ground: 3,676
- Finished area below ground: 300
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Spaces, Garage, Driveway, Detached, Off Street
- Garage spaces: 2
Features
- Levels: More than 2 Stories
- Patio & porch: Porch
- Exterior features: Sidewalks, Street Lights
- Frontage type: Road
- Frontage length: 35
Lot
- Size: 5,662 Square Feet
- Dimensions: 35 x 163
- Features: Deep Lot - 150+ Ft., Subdivision
Details
- Parcel number: 39007060127000
- Zoning description: Residential
- Special conditions: Private
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence, Duplex
- Attached to another structure: Yes
Materials
- Brick, Vinyl Siding
- Foundation: Basement
Condition
- Year built: 1917
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sanitary
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Lake Pointe Heights Subdivision
HOA
- Has HOA: No
Location
- Region: Grosse Pointe Park
Financial & listing details
- Price per square foot: $163/sqft
- Tax assessed value: $154,400
- Annual tax amount: $12,989
- Date on market: 11/4/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$629,400
$598,000 - $661,000
$1,906/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/4/2026 | Listed for sale | $649,900+55.1%$163/sqft |
Source: | ||
| 9/20/2024 | Sold | $419,000-6.3%$105/sqft |
Source: | ||
| 8/28/2024 | Pending sale | $447,000$112/sqft |
Source: | ||
| 7/11/2024 | Price change | $447,000-4.6%$112/sqft |
Source: | ||
| 6/13/2024 | Listed for sale | $468,500+325.9%$118/sqft |
Source: | ||
| 8/10/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/19/2023 | Price change | $1,200-4% |
Source: Zillow Rentals Report a problem | ||
| 7/3/2023 | Price change | $1,250-5.7% |
Source: Zillow Rentals Report a problem | ||
| 6/19/2023 | Listed for rent | $1,325+10.4% |
Source: Zillow Rentals Report a problem | ||
| 3/11/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 2/5/2022 | Listed for rent | $1,200 |
Source: Zillow Rental Manager Report a problem | ||
| 6/20/1994 | Sold | $110,000$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2015 | $4,005 | $77,200 +6.6% |
| 2014 | $4,005 +5.6% | $72,400 +4.9% |
| 2013 | $3,794 -3.6% | $69,000 -5.9% |
| 2012 | $3,935 -2.3% | $73,300 -4.6% |
| 2011 | $4,027 -8.7% | $76,800 -9.9% |
| 2010 | $4,412 +0.6% | $85,200 -0.5% |
| 2009 | $4,385 +5.2% | $85,617 +4.4% |
| 2008 | $4,167 | $82,009 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 48230
Nearby schools
Schools provided by the listing agent
- District: Grosse Pointe Public Schools
Source: MiRealSource. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








