5 months on rocket

5733 Lakewood, Detroit, MI, 48213

$155,000

Home List Price

$1,841*

Closing Credit

2 Full Baths
2,030 SqFt
$76/SqFt
Multi

Location

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5733 Lakewood, Detroit$155,000

Buyer Closing Credits

$1,841*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingLighted, OnStreet, Unassigned
Year Built1929
HeatingForced Air, Natural Gas, Radiant, Separate Meters
CoolingCeiling Fan(s), Central Air, Window Unit(s)
BasementYes
MLS #20240050544
Lot Size0.10 Acres
StatusActive

About 5733 Lakewood

INVESTMENT OPPORTUNITY!! This beautifully updated two family flat on Detroit's eastside is ready for its new owners. Both units were freshly painted with each unit including living room, dining room, kitchen, bathroom with two bedrooms each. Separate heating system for both units. Fenced in yard with private wood fencing. Lower unit furnished with stainless steel appliances (refrigerator, stove, dishwasher, over the range microwave) and separate washer and dryer in the basement, rear deck leading from main bedroom and cental air unit, rented for $1,000.00 Upper unit is furnished with black refrigerator, stove, ceiling fans and built in 25,000 btu window air conditioning unit with separate washer and dryer in basement which is being rented for $950.00. DO NOT DISTURB TENANTS. DO NOT APPROACH TENANTS.

Property Details

Property Features

Property Information:

  • Architectural Style: UpperLowerApartment
  • Year Built: 1929
  • Living Area: 2,030 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Wanda D. Norris

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Lighted, OnStreet, Unassigned

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas, Radiant, Separate Meters
  • Cooling: Ceiling Fan(s), Central Air, Window Unit(s)

Other

Directions Information:

  • Directions: Exit Edsel Ford Freeway, Make Right, Turn Right To Linville, Turn Left On Lakewood

Price Information

Listing Price Info

Price Summary:

  • List Price: $155,000
  • Price Per SqFt: $76/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

$67

Avg. Days On Market

49

# of Sold Homes

396

5733 Lakewood vs Detroit

152 DAYS ON ROCKET

+103 Days

$155,000

+$69.9K More

$76/SqFt

+$8 More

KEY TAKEAWAY

This property is $69.9K more than the Median Sold Price and $8/SqFt more 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: #20240050544

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (888) 501-7085
  • Listing Agent: Wanda D. Norris

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: 12/18/2024, 11:21:13 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$841

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$531

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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-4513387
1
/10

  • Wayne Elementary School

  • 10633 Courville St

  • 1.12 miles

  • Public District Grades PK-5

school-card-donut-4513388
1
/10

  • Marvin L Winans Academy Elementary School

  • 9740 McKinney St

  • 1.23 miles

  • Public Charter Grades KG-5

school-card-donut-4513389
6
/10

  • George Defer Elementary School

  • 15425 Kercheval Ave

  • 1.81 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,172. The most common annual income of people living in Detroit, MI is less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48213›5733 Lakewood

This home is located at 5733 Lakewood in Detroit, MI and zip code 48213 in the Chandler Park neighborhood. This 2,030 square foot home, which was built in 1929, sits on a 0.10 acre lot. Features: 2 bathrooms. It has been listed on Rocket Homes since July 19, 2024 and is currently priced at $155,000.

While more than 94 listings in Detroit, MI in November 2024 were sold above asking price, there were more than 55 listings sold at asking price, and more than 247 were sold below. In November 2024 in Detroit, MI there were 2% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $85,016, while the average time on the real estate market was 49 days.

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

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