$60,000
 $322 est/mo Sourced by Back At You

2935 Lakewood Street,Detroit, MI 48215

Detroit, MI 48215

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Description

INVESTOR SPECIAL with significant upside! 2935 Lakewood Street is being sold with two adjacent lots [2927 and 2919], creating a rare three-parcel package in Detroit's 48215 area. This is an ideal opportunity for a fix-and-flip, rental portfolio expansion, or redevelopment play. The existing home offers a solid footprint ready for renovation (ROOF 2020, MOST WINDOWS NEW), while the additional lots dramatically increase value potential--perfect for new construction, expansion, or future resale (buyer to verify zoning and use, currently zoned R2 [two family] / Room measurements may not be accurate). Located on a residential street with improving surrounding values and proximity to Jefferson-Chalmers, the riverfront, and major commuter routes. Priced with rehab in mind and sold AS-IS, this property is best suited for investors looking to capitalize on land + structure value in an area seeing continued reinvestment. All three parcels included in sale.

Details

MLS #60962868
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1924
Days On Site294
Listing Provided ByBrookstone, Realtors LLC | James Turner

Features

Bed(s)6
Bath(s) 2 Total
SQ Feet2,826
BasementY
Story(s)2
Acreage0.14

Interior

Rooms Total8
Heating Yes / NoYes
HeatingNatural Gas, Forced Air

Exterior

Construction MaterialsBrick
Foundation DetailsBasement

Parking

Garage Yes / NoNo

Other

List AorReal Comp

Taxes

Property4001

Area Information

StateMI
CountyWayne
CityDetroit
Zip Code48215
AreaDetroit (82001)
Community NameGarden Heights
Listing VS Median (in Garden Heights)
Price:
$60,000
low | high
Med:
$79,900
16.833333333333% of Average
sqft:
2,826
low | high
Med:
2,728
53.4677990092% of Average
$ / sqft:
$21
low | high
Med:
$29
12.049486803519% of Average
On site:
294
low | high
Med:
30
100% of Average
Sourced by Back At You

Market Activity 48215

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Learn More About This Property

StateMI
CountyWayne
CityDetroit
Zip Code48215
AreaDetroit (82001)
Community NameGarden Heights
Listing VS Median (in Garden Heights)
Price:
$60,000
low | high
Med:
$79,900
16.833333333333% of Average
sqft:
2,826
low | high
Med:
2,728
53.4677990092% of Average
$ / sqft:
$21
low | high
Med:
$29
12.049486803519% of Average
On site:
294
low | high
Med:
30
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $45K - $75K
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
2935 Lakewood Street Property Photo 1
$60,000
2935 Lakewood Street
Detroit, MI 48215
Listing Updated: September 29, 2026 at 7:27:34 AM PDT