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    1423 Lakewood Street Detroit, MI 48215

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    For Sale
    $99,900

    MULTI_FAMILY - Colonial - Detroit, MI

    Property size:
    2,300 SF
    Price / SF:
    $43/SF
    Added:
    Apr 30, 2026
    Days on Market:
    9
    Last Refresh:
    May 8 at 2:06 am

    Property Features for 1423 Lakewood Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Residential
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Basement, Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 4, Bathroom 1
    Pets allowed
    Yes
    Standard status
    Active
    APN
    W21I054913C4
    Size
    2,300 SF

    Taxes and HOA fees

    Tax Description
    W LAKEWOOD 58 & 57 BLK 3-SKINNER & MOORES SUB L16 P58 PLATS, W C R 21/305 60X123
    Tax Annual Amount
    1447

    Utilities

    Heating system
    Forced Air
    Cooling system
    Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1915
    Floors in Building
    2
    Number of units
    2
    Building materials
    Brick
    Roof type
    Asphalt
    Architectural style
    Colonial

    We can help!

    Listing Contact
    Moe Kassem
    Moe Kassem

    Listing agent Moe Kassem License #6501438220

    Listing office EXP Realty Main 39555 Orchard Hill Place Ste 600, Royal Oak, MI

    Listing date Apr 30, 2026

    MLS# 20261030037 Listing URL

    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.

    HighLights

    • Two spacious units, each with 3 bedrooms and 1 bathroom, ideal for investors or owner‑occupants.
    • Includes two separate garages: a 2.5‑car garage and a 1.5‑car garage.
    • Located on two parcels of land, offering flexibility and potential for expansion.
    • Convenient location near major roads, shopping, and local amenities.
    • Shared basement provides additional storage and utility space.
    • Brick construction and Colonial architectural style.

    Overview

    Detroit Multifamily Investment Opportunity

    This multifamily property at 1423 Lakewood in Detroit presents an opportunity for investors and owner-occupants. The property features two units, each with 3 bedrooms, 1 full bathroom, a full kitchen, living room, and dining room. A shared basement provides additional storage and utility space. The property includes a large driveway with ample parking and two separate garages: a 2.5-car garage and a 1.5-car garage. Situated on two parcels of land, the property offers flexibility and potential for expansion or increased value. The second floor unit's address is 1427 Lakewood St, Detroit, MI 48215. The second parcel included is 1407 Lakewood St, Detroit, MI 48215. Conveniently located near major roads, shopping, and local amenities, this property is a strong income-producing asset with room to grow. The property size is 2300 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.949046
    Latitude
    42.377724

    FAQs

    What type of property is this?
    Duplex - Two spacious units with garages near shopping and amenities.
    Where is this duplex located?
    The property is located at 1423 Lakewood Street Detroit, MI.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: Two spacious units, each with 3 bedrooms and 1 bathroom, ideal for investors or owner‑occupants.; Includes **two separate garages**: a 2.5‑car garage and a 1.5‑car garage.; Located on two parcels of land, offering flexibility and potential for expansion.
    More about this property
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