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For sale
  • Price cut: $5K (6/1)
    $65,000

    2935 Lakewood St, Detroit, MI 48215

    6beds
    2,826sqft
    Single Family Residence
    Built in 1924
    6,098 Square Feet Lot
    $-- Zestimate®
    $23/sqft
    $-- HOA

    What's special

    Solid footprint
    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 property is best suited for investors looking to capitalize on land + structure value in an area seeing continued reinvestment. All three parcels included in sale.
    195 days
    |
    237
    |
    22
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    James R Turner 248-607-0874,

    Brookstone, Realtors LLC 248-963-0505,

    Steven B Turner 248-535-8285,

    Brookstone, Realtors LLC

    Source: Realcomp II,MLS#: 20261001903MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 2
      • Full bathrooms: 2
      Primary bedroom
      • Level: Second
      • Area: 100
      • Dimensions: 10 X 10
      Bedroom
      • Level: Second
      • Area: 100
      • Dimensions: 10 X 10
      Bedroom
      • Level: Second
      • Area: 100
      • Dimensions: 10 X 10
      Bedroom
      • Level: Entry
      • Area: 100
      • Dimensions: 10 X 10
      Bedroom
      • Level: Entry
      • Area: 100
      • Dimensions: 10 X 10
      Bedroom
      • Level: Entry
      • Area: 100
      • Dimensions: 10 X 10
      Other
      • Level: Entry
      Other
      • Level: Second
      Heating
      • Forced Air, Natural Gas
      Features
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,826 sqft
      • Finished area above ground: 2,826

      Property

      Parking
      • Parking features: No Garage
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: GroundLevel
      • Pool features: None
      Lot
      • Size: 6,098 Square Feet
      • Dimensions: 40 x 150.61
      Details
      • Parcel number: W21I054872S
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Brick
      • Foundation: Basement, Brick Mortar
      Condition
      • New construction: No
      • Year built: 1924

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: GARDEN HEIGHTS
      HOA
      • Has HOA: No
      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $23/sqft
      • Tax assessed value: $22,425
      • Annual tax amount: $4,001
      • Date on market: 1/10/2026
      • Cumulative days on market: 196 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,082/mo

        Price history

        DateEventPrice
        6/1/2026Price change$65,000-7.1%$23/sqft
        Source: Realcomp II #20261001903 Report a problem
        1/10/2026Listed for sale$70,000$25/sqft
        Source: Realcomp II #20261001903 Report a problem
        6/12/2024Listing removed--
        Source: Realcomp II #20240030257 Report a problem
        5/6/2024Listed for sale$70,000$25/sqft
        Source: Realcomp II #20240030257 Report a problem
        3/28/2023Listing removed$70,000$25/sqft
        Source: Realcomp II #20230007041 Report a problem
        3/8/2023Listed for sale$70,000$25/sqft
        Source: Realcomp II #20230007041 Report a problem
        2/27/2023Pending sale$70,000$25/sqft
        Source: Realcomp II #20230007041 Report a problem
        1/31/2023Listed for sale$70,000-30%$25/sqft
        Source: Realcomp II #20230007041 Report a problem
        1/1/2023Listing removed--
        Source: Realcomp II #20221011581 Report a problem
        6/28/2022Listed for sale$100,000+402.5%$35/sqft
        Source: Realcomp II #20221011581 Report a problem
        3/21/2019Listing removed$19,900$7/sqft
        Source: City Management Group #218091373 Report a problem
        9/18/2018Listed for sale$19,900+73%$7/sqft
        Source: City Management Group #218091373 Report a problem
        1/25/2017Sold$11,500$4/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $33,600 +26.3%
        2024-- $26,600 +5.6%
        2023-- $25,200 +31.9%
        2022-- $19,100 -22.4%
        2021-- $24,600
        2020$3,659 +253.6%$24,600 +13.4%
        2019$1,035 $21,700 +1.4%
        2018$1,035 $21,400 -2.3%
        2017-- $21,900 +167.1%
        2016$990 $8,200
        2015$990 +12.5%$8,200 -14.7%
        2013$880 -11.1%$9,610 -31.8%
        2010$990 $14,090 -12%
        2009-- $16,011 -13.5%
        2008-- $18,510
        2007-- $18,510 +5.5%
        2005$88 $17,545 +3%
        2004-- $17,034
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Riverbend

        Getting around

        52 / 100
        Somewhat Walkable
        42 / 100
        Some Transit
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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