4327 Lakewood Street, Detroit, Michigan 48215

$130,000

Property Details

MLS#: 20261050453
Bedrooms: 6
Bathrooms: 2
Square Feet: 2,416
Price per Sqft: $54
Lot Size: 0.15 acres
Year Built: 1923
Property Type: Residential
Status: Active
Days on Market: 47

Market Analysis

Estimated Value (CMA): $118,384
Area Avg Price/Sqft: $65
This Property: $54/sqft ($11 below area average)
Price Position: -17.0% vs comparable homes
Comparable Properties Analyzed: 3

Description

Excellent investment opportunity on Detroit’s east side! This duplex on Lakewood Avenue has been owned by the same family for 55 years and is ready for its next chapter. The property offers tremendous potential for investors, owner-occupants, or buyers looking to renovate and build equity. With some TLC, this duplex could become a strong income-producing property or once again serve as a beautiful multi-generational family home. An adjacent vacant lot, under a separate address, is also available for purchase and may be purchased separately or together with the duplex, offering additional possibilities for expansion, parking, outdoor living, or future development (subject to local approvals). Bring your vision and unlock the potential of this East Detroit gem!

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 4327 Lakewood Street?

4327 Lakewood Street is listed at $130,000, or $54 per square foot.

How many bedrooms does 4327 Lakewood Street have?

This property has 6 bedrooms and 2 bathrooms, with 2,416 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 484-4696

Email: info@sonicrealty.com

Similar Homes for Sale in Detroit

15826 BENTLER Street, Detroit — $130,000 · 3bd · 1ba · 1,782sqft
572 Tennessee Street, Detroit — $130,000 · 4bd · 2ba · 1,228sqft
15765-71 Evergreen Road, Detroit — $130,000 · 3bd · 1ba · 733sqft
16942 Riverview Street, Detroit — $130,000 · 3bd · 1ba · 1,039sqft
11597 Duchess Street, Detroit — $130,000 · 2bd · 1ba · 1,179sqft
15784 Pinehurst Street, Detroit — $130,000 · 3bd · 1ba · 2,172sqft
4850 COURVILLE Street, Detroit — $130,000 · 3bd · 1ba · 1,498sqft
149 Gates Street, Detroit — $130,000 · 4bd · 1ba · 1,632sqft