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Pending
    • $99,900

    1423 Lakewood St, Detroit, MI 48215

    6beds
    2,300sqft
    : 
    $907/mo
    Get pre-qualified
    Multi Family
    Built in 1915
    -- sqft lot
    $-- Zestimate®
    $43/sqft
    $-- HOA

    What's special

    Two spacious units
    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. **Second 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!
    34 days
    |
    64
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Moe Kassem 248-847-8067,

    EXP Realty Main 888-501-7085,

    Al Abdallah 313-254-5556,

    EXP Realty Main

    Source: Realcomp II,MLS#: 20261030037MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Ceiling Fans
      Features
      • Basement: Full,Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,300 sqft
      • Finished area above ground: 2,300

      Property

      Parking
      • Parking features: Garage
      • Has garage: Yes
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Porch
      • Pool features: None
      Lot
      • Size: 7,405 Square Feet
      • Dimensions: 60 x 123
      Details
      • Parcel number: W21I054913C4
      • Zoning description: Residential
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Colonial
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Basement, Brick Mortar
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1915

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: SKINNER & MOORES
      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $43/sqft
      • Tax assessed value: $15,699
      • Annual tax amount: $1,447
      • Date on market: 4/30/2026
      • Cumulative days on market: 34 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,Va Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,222/mo

        Price history

        DateEventPrice
        5/12/2026Pending sale$99,900$43/sqft
        Source: Realcomp II #20261030037 Report a problem
        4/30/2026Listed for sale$99,900$43/sqft
        Source: eXp Realty #20261030037 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $39,700 +26.4%
        2024-- $31,400 +12.1%
        2023-- $28,000 +32.1%
        2022-- $21,200 -22.3%
        2021-- $27,300
        2020$816 -31.9%$27,300 +13.8%
        2019$1,198 $24,000 +4.8%
        2018$1,198 $22,900 -2.6%
        2017-- $23,500 +5.4%
        2016$1,114 $22,300 +17.4%
        2015$1,114 -6%$19,000 -27.3%
        2013$1,185 +6.4%$26,125 -31.8%
        2010$1,114 $38,304 -12%
        2009-- $43,527 -13.5%
        2008-- $50,320
        2007-- $50,320 +5.5%
        2005$119 $47,697 +3%
        2004-- $46,308
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Riverbend

        Getting around

        58 / 100
        Somewhat Walkable
        44 / 100
        Some Transit
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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