Detroit Duplex Multifamily
For Sale
$99,999
Pending
2950 LAKEWOOD St, Detroit, MI 48215
Duplex in Detroit's Garden Heights Subdivision, investment opportunity.
Property Size2,844 SF
Lot Size0.14 Acres
Days on Market165
Property Features for 2950 LAKEWOOD St
General Information
Standard status
Pending
Size
2,844 SF
Lot size
0.14 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$2,443
Building Details
Building Size
2,844 SF
Year Built
1923
Units
2
Listing Agency:
SCS Great Lakes INC
(586) 541-4000
Listed By:
Kevin Mahone · License #MISPE-6501414475
(586) 541-4000
Source:
Elliman
Added: Mar 11
Changed: Aug 9
Last Checked: Aug 22 at 7:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SCS Great Lakes INC
Investment Insights
Based on property information with market context.
Located in Detroit's Garden Heights Subdivision, between Mack Avenue and Charlevoix Street, the property at 2950 Lakewood Street is an owner-occupied duplex multifamily property. Both the upstairs and downstairs units feature 3 bedrooms and 1 bath. Offered for sale in its current condition, this property presents an investment opportunity with potential for rental income and value appreciation. The property can be renovated and both units rented out, or improvements can be made for future resale. This property is poised for success in the rental market.
Key Highlights
- Duplex multifamily property with two units, each featuring 3 bedrooms and 1 bath.
- Prime location in Detroit's Garden Heights Subdivision, between Mack Avenue and Charlevoix Street.
- Attractive investment opportunity with potential for rental income.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex in Detroit's Garden Heights Subdivision, investment opportunity.
Where is this duplex located?
The property is located at 2950 LAKEWOOD St 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: Duplex multifamily property with **two units, each featuring 3 bedrooms and 1 bath.**; Prime location in Detroit's Garden Heights Subdivision, between Mack Avenue and Charlevoix Street.; Attractive investment opportunity with potential for rental income.
