1 month on rocket

2681 Lakewood St, Detroit, MI, 48215

$399,000

Home List Price

$4,738*

Closing Credit

18 Full Baths
10,800 SqFt
$37/SqFt
Multi

Location

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2681 Lakewood St, Detroit$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1923
HeatingNatural Gas, Forced Air
BasementYes
MLS #20240076084
Lot Size0.18 Acres
StatusActive

About 2681 Lakewood St

This 18-unit apartment complex presents an incredible investment opportunity, ideal for those looking to expand their portfolio with a solid, income-generating property. Offering diverse unit layouts and prime potential for upgrades, the property is being sold as-is, providing a clean slate for renovations or enhancements that can significantly boost its value. Situated in a location ripe for growth, this is your chance to turn this multifamily complex into a thriving, long-term asset.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1923
  • Stories: 3
  • Living Area: 10,800 SqFt

Listing Office:

  • Office Name: Keller Williams Realty-Great Lakes
  • Office Phone: (586) 541-4000
  • Listing Agent: Erick Monzo

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 18

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Chalmers To Mack To Lakewood, Corner Of Charlevoix

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $37/SqFt
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$85K

Med. Price/SqFt

$73

Avg. Days On Market

45

# of Sold Homes

475

2681 Lakewood St vs Detroit

44 DAYS ON ROCKET

-1 Day

$399,000

+$314K More

$37/SqFt

-$37 Less

KEY TAKEAWAY

This property is $314K more than the Median Sold Price and $37/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240076084

Listing Office:

  • Office Name: Keller Williams Realty-Great Lakes
  • Office Phone: (586) 541-4000
  • Listing Agent: Erick Monzo

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 5:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 23, 2020Home Sold
$130,000
Sep 18, 2017Home Sold
$99,000
Apr 01, 2013Home Sold
$255,000

History based on county public records data.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-935650
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 0.76 miles

  • Public District Grades KG-5

school-card-donut-935651
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 2.19 miles

  • Public Charter Grades KG-5

school-card-donut-935652
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 2.32 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $17,821. The majority of Detroit, MI residents have income less than $35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48215›2681 Lakewood St

This home is located at 2681 Lakewood St in Detroit, MI and zip code 48215 in the Lower East neighborhood. This 10,800 square foot home, which was built in 1923, sits on a 0.18 acre lot. Features: 18 bathrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $399,000.

In October 2024 more than 125 listings in Detroit, MI were sold above the asking price. During the same period more than 93 listings were sold at asking price, while more than 257 were sold below. The inventory of homes for sale in Detroit, MI between September 2024 and October 2024 increased by 11.2%. In October 2024 median list price was $85,000 and the average listing age was 45 days.

From Rocket Homes Real Estate and based on county public records data.

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