$99,900 for Sale

1423 lakewood street, detroit, MI 48215

Beds 6 Baths 2 2,300 Sqft 0.17 Acres 1 of 63
Property Description
Turnkey multifamily opportunity at 1423 Lakewood in Detroit! This well-maintained property features two spacious units, each offering 3 bedrooms and 1 full bathroom, A full kitchen, living room and dining room making it ideal for both investors and owner-occupants. The property includes a shared basement, providing additional storage and utility space for tenants. Outside, you’ll find a large driveway with ample parking along with two separate garages—a 2.5-car garage and an additional 1.5-car garage, a rare and valuable feature for rental properties. Situated on two parcels of land, this property offers added flexibility and long-term potential for expansion or increased value. Conveniently located near major roads, shopping, and local amenities, this is a strong income-producing asset with room to grow. **Second floor unit's address is 1427 Lakewood St, Detroit, MI 48215** **Second parcel included is 1407 Lakewood St, Detroit, MI 48215** Don’t miss out on this versatile Detroit investment opportunity!
General Information
Sale Price: $99,900
Price/SqFt: $43
Est. Payments: $656*
Status: Active
MLS#: 20261030064
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: skinner & moores
Acres: 0.17
Lot Dimensions: 60X123
Bedrooms:6
Bathrooms:2   (2 full, 0 half)
House Size: 2,300 sq.ft.
Acreage: 0.17 est.
Year Built: 1915
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Paved Road:  Paved
Garage:  2 Car
Garage Description:  Detached, Driveway
Construction:  Brick
Exterior:  Brick
Exterior Misc:  Fenced
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Cooling:  Ceiling Fan(s)
Heating:  Forced Air
Fuel:  Natural Gas
Waste:  Sewer (Sewer-Sanitary)
Watersource:  Public (Municipal)
Tax, Fees & Legal
Home warranty:  No
Est. Summer Taxes:  $1,194
Est. Winter Taxes:  $253
HOA fees:  0
Legal Description:  W LAKEWOOD 58 & 57 BLK 3-SKINNER & MOORES SUB L16 P58 PLATS, W C R 21/305 60X123
Map


IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders Listing By: Moe Kassem of EXP Realty Main, Phone: (888) 501-7085
810-858-4083 Call Loretta McMillian for more information about this property.

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Listings Presented by:
Loretta McMillian
Call:
810-858-4083

Office:
810-733-3435

This Single-Family Home located at
1423 lakewood street, detroit MI, 48215
is currently for sale. This property is listed for $99,900.
For Sale | $99,900 | 6 Bed, 2 Bath | 2,300 Sq Ft MLS ID rcomi20261030064
1423 lakewood street has 6 bedrooms, approximately 2,300 square feet. This home is in the detroit school district and has a lot size of 60X123 with 0.17 acres and was built in 1915. 1423 lakewood street is in detroit and in ZIP Code 48215 area.
If you have any question about this property or any others, please don't hesitate to contact me.