Sold for $50,000

$50,000

3073 Lakewood St, Detroit, MI 48215

6beds

2,700sqft

Multi Family

Built in 1925

-- sqft lot

$-- Zestimate^®

$19/sqft

$1,393 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,393/mo

Zestimate^® history

Owner options

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$1,393/mo

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$1,393/mo

Rent Zestimate^®

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$288/mo

Est. payment

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$288/mo

Est. payment

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What's special

BRAND NEW ROOF, OPEN CANVAS, UP AND COMING NEIGHBORHOOD, SIDE LOT INCLUDED WITH THE SALE. THE PROPERTY IS GUTTED TO THE STUDS AND READY FOR RENOVATION. MAINTAIN CURRENT MULTI-FAMILY LAYOUT OR CONVERT INTO ONE, MASSIVE SINGLE FAMILY. AREA IS AND WILL CONTINUE TO EXPERIENCE RAPID VALUE INCREASES. IDEAL PROJECT FOR INVESTOR WITH CONTRACTOR SKILL OR TEAMS. SIGNED LIABILITY WAIVER WILL BE REQUIRED PRIOR APPROVAL OF SITE VISIT.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas

Features

Basement: Full,Unfinished
Has fireplace: No

Interior area

Total interior livable area: 2,700 sqft
Finished area above ground: 2,700

Property

Parking

Parking features: On Street, Parking Pad, Paved, Shared Driveway, Unassigned

Features

Levels: Two
Stories: 2
Exterior features: Balcony
Pool features: None

Lot

Size: 6,098 Square Feet
Dimensions: 40 x 157.23

Details

Parcel number: W21I054854S
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: 1925

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: GARDEN HEIGHTS

Location

Region: Detroit

Financial & listing details

Price per square foot: $19/sqft
Tax assessed value: $22,950
Annual tax amount: $2,019
Date on market: 9/29/2025
Cumulative days on market: 103 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Contract,FHA 203K

Price history

Date	Event	Price
1/16/2026	Sold	$50,000-3.7%$19/sqft
Source: Realcomp II #20251039388 Report a problem
1/9/2026	Pending sale	$51,900$19/sqft
Source: Realcomp II #20251039388 Report a problem
12/29/2025	Price change	$51,900-5.5%$19/sqft
Source: Realcomp II #20251039388 Report a problem
11/11/2025	Price change	$54,900-8.3%$20/sqft
Source: Realcomp II #20251039388 Report a problem
9/29/2025	Listed for sale	$59,900$22/sqft
Source: Realcomp II #20251039388 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$26,700 +25.9%
2024	--	$21,200 +1%
2023	--	$21,000 +31.3%
2022	--	$16,000 -22%
2021	--	$20,500
2020	$2,619 +144.7%	$20,500 +13.3%
2019	$1,070	$18,100 +2.3%
2018	$1,070	$17,700 -2.2%
2017	--	$18,100 +110.5%
2016	$1,017	$8,600
2015	$1,017 +11%	$8,600 -14.1%
2013	$917 -9.9%	$10,013 -31.8%
2010	$1,017	$14,680 -12%
2009	--	$16,682 -13.5%
2008	--	$19,285
2007	--	$19,285 +5.5%
2005	$92	$18,280 +3%
2004	--	$17,748