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Brick Duplex
For Sale
$99,999
Pending

2950 LAKEWOOD Street, Detroit, MI 48215

Multifamily, 2 Story, Detroit, MI

Property Size2,844 SF
Lot Size0.14 Acres
Days on Market569

Property Features for 2950 LAKEWOOD Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 2, Basement, Bedroom 3, Bedroom 6, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 5
Pets allowed Yes
Subdivision GARDEN HEIGHTS (PLATS)
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions Take Jefferson Ave to Lakewood St in Detroit, then head north to 2950, located between Mack Ave and Charlevoix St.
Standard status Pending
APN W21I054588S
Size 2,844 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Description E LAKEWOOD 84 GARDEN HEIGHTS SUB L30 P58 PLATS, W C R 21/399 40 X 153.92
Tax Annual Amount 2443
Legal Description E LAKEWOOD 84 GARDEN HEIGHTS SUB L30 P58 PLATS, W C R 21/399 40 X 153.92

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1923
Floors in Building 2
Number of units 2
Building materials Brick
Architectural style Other
Listing Agency: Keller Williams Realty-Great Lakes
Listed By: Kevin Mahone · License #6501414475
Added: Mar 5, 2025 Changed: Sep 14 Last Checked: Sep 25 at 1:06AM
MLS# 20250014274

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This two-unit residential property contains 2,844 square feet and was built in 1923. Both units include three bedrooms and one bathroom, with basement space also present. Brick construction, forced-air heating, and public water serve the building, which is zoned Multi-Family.

The property occupies 0.14 acres at 2950 Lakewood Street in Detroit, Michigan 48215. Its configuration provides separate upper- and lower-level residences within an established multifamily structure.

Key Highlights

  • Two‑unit duplex with 3 bedrooms and 1 bathroom in each residence
  • 2,844 square feet on a 0.14‑acre lot
  • Brick construction with forced‑air heating

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

437
Businesses Nearby

Demographics for 48215, MI

10,520
Population
6,044
Households
1.7
Avg Household Size
41
Median Age
19%
College-Educated
85%
High-School Grad
3.9 sq mi
ZIP Area
2,697
Density / Sq Mi
$33,741
Median Household Income
$36,728
Median Earnings
$897
Median Rent
$105,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence includes three bedrooms and one bathroom.
Where is this duplex located?
The property is located at 2950 LAKEWOOD Street Detroit, MI.
What is the asking price?
The asking price for this property is $99,999.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms and 1 bathroom in each residence; 2,844 square feet on a 0.14‑acre lot; Brick construction with forced‑air heating
More about this property
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