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    3928 Lakewood St Detroit, MI 48215

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    For Sale
    $85,000

    Two-unit brick property near Grosse Pointe with separate utilities.

    Lot size:
    0.14 Acres

    Property Features for 3928 Lakewood St

    General Information

    Lot size
    0.14 Acres

    Building Details

    Year built
    1953

    Source: Michigan Premier Realty Group LLC Agent Naiiva Golden

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Eastside Detroit Brick Duplex

    This two-unit brick property is located on Detroit's Eastside, near Grosse Pointe, Michigan. The property features a two-bedroom, one-bathroom unit on the upper level and a two-bedroom, one-bathroom unit on the lower level. Each unit has separate electric and gas meters. A shared water meter serves both units. The property includes a full basement that is partially finished and contains a half-bath. Additionally, there is a two-car garage. The property is a corner house. The upper unit is currently occupied, while the lower unit is vacant. The sale is an AS-IS sale and is subject to Probate Court approval.
    Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.9550506
    Latitude
    42.3879705

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    FAQs

    What type of property is this?
    Duplex - Two-unit brick property near Grosse Pointe with separate utilities.
    Where is this duplex located?
    The property is located at 3928 Lakewood St Detroit, MI.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: - Two separate units offer income potential or multi-generational living.; - Each unit features 2 bedrooms and 1 bathroom.; - Includes a 2-car garage.
    (248) 234-4663
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    3928 Lakewood St Detroit, MI 48215
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3928 Lakewood St Detroit, MI 48215
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