Tremendous potential with this large (~2800 sf) 2 family property. 3 bedrooms, 1 bath in each unit that would rent for at least $1500/mo once both units are turned. The lower unit has hardwood flooring under most of the carpeting, fireplace and beautiful dark wood trim. The upper unit also has hardwood flooring under the carpeting and a fireplace. Divided basements with separate electric and gas meters. The property does needs extensive updating but has tremendous upside.
For sale
Price cut: $15K (11/12)
$64,900
3061 Lakewood St, Detroit, MI 48215
6beds
2,728sqft
Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$24/sqft
$-- HOA
What's special
- 39 days
- 487
- 46
Zillow last checked:
Listing updated:
Listed by:
Danny Peterson 810-423-6669,
EXP Realty Main 888-501-7085
Source: Realcomp II,MLS#: 20261079280
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gravity, Natural Gas
Features
- Basement: Full,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 2,728 sqft
- Finished area above ground: 2,728
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered
- Pool features: None
Lot
- Size: 6,098 Square Feet
- Dimensions: 40 x 156.49
Details
- Parcel number: W21I054856S
- Zoning description: MultiFamily
- 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
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer, Sewer At Street
- Water: Public, Waterat Street
Community & HOA
Community
- Subdivision: GARDEN HEIGHTS
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $24/sqft
- Tax assessed value: $10,378
- Annual tax amount: $1,266
- Date on market: 10/1/2026
- Cumulative days on market: 39 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,FHA 203K
Estimated market value
Not available
Estimated sales range
Not available
$1,271/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/12/2026 | Listed for sale | $64,900-18.8%$24/sqft |
Source:  Realcomp II #20261079280 Report a problem | ||
| 11/6/2026 | Contingent | $79,900$29/sqft |
Source: eXp Realty #20261079280 Report a problem | ||
| 10/1/2026 | Listed for sale | $79,900+166.3%$29/sqft |
Source: Realcomp II #20261079280 Report a problem | ||
| 5/19/2008 | Sold | $30,000$11/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $43,300 +45.3% |
| 2025 | -- | $29,800 +40.6% |
| 2024 | -- | $21,200 +0.5% |
| 2023 | -- | $21,100 +31.9% |
| 2022 | -- | $16,000 -22.3% |
| 2021 | -- | $20,600 |
| 2020 | $1,014 +4.6% | $20,600 +13.2% |
| 2019 | $970 | $18,200 +1.7% |
| 2018 | $970 | $17,900 -2.2% |
| 2017 | -- | $18,300 +120.5% |
| 2016 | $1,182 | $8,300 |
| 2015 | $1,182 +21.5% | $8,300 -14.7% |
| 2013 | $973 -17.7% | $9,726 -31.8% |
| 2010 | $1,182 | $14,259 -12% |
| 2009 | -- | $16,203 -13.5% |
| 2008 | -- | $18,732 |
| 2007 | -- | $18,732 +5.5% |
| 2005 | $89 | $17,755 +3% |
| 2004 | -- | $17,238 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Riverbend
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