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Brick Duplex with Forced Air Heat
For Sale
$99,999
Pending

2950 LAKEWOOD Street, Detroit, MI 48215

MULTI_FAMILY - Other - Detroit, MI

Property Size2,844 SF
Lot Size0.14 Acres
Days on Market519

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 Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 3, Basement, Bedroom 6, Bedroom 5, Bedroom 2, Bedroom 4
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 #MISPE-6501414475
Added: Mar 5, 2025 Changed: Aug 3 Last Checked: Aug 6 at 2:06AM
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.

2950-2952 Lakewood Street is an owner-occupied brick duplex in Detroit’s Garden Heights Subdivision, set on a 0.14-acre lot. The property has two residential units, each with 3 bedrooms and 1 bathroom, plus a basement. Heating is provided by forced air systems, and water service is public.

The home is located between Mack Avenue and Charlevoix Street in Detroit, MI 48215, within Wayne County.

Built in 1923, this duplex is being offered for sale in its current condition, providing an opportunity for buyers looking to renovate and reposition the property for rental use across both units.

Key Highlights

  • Brick duplex at 2950‑2952 Lakewood Street in Detroit’s Garden Heights Subdivision
  • Two units, each with 3 bedrooms and 1 bathroom
  • 0.14‑acre lot with public water

Property Analytics

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

107
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

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 - Owner-occupied duplex with 3 bed, 1 bath units upstairs and downstairs, on a 0.14-acre lot with public water.
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: Brick duplex at 2950‑2952 Lakewood Street in Detroit’s Garden Heights Subdivision; Two units, each with 3 bedrooms and 1 bathroom; 0.14‑acre lot with public water
More about this property
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