For sale

$130,000

612 Lakewood St, Detroit, MI 48215

4beds

1,427sqft

$1,206/mo

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Single Family Residence

Built in 1920

5,662 Square Feet Lot

$124,700 Zestimate^®

$91/sqft

$-- HOA

What's special

Unlock the potential of this spacious Detroit home, ready for your finishing touches. Whether you’re an investor searching for your next project or a homeowner looking to build equity, this property offers a fantastic opportunity without requiring a full-scale renovation. With a solid foundation to work from, it won’t take much to transform this house into something truly special. Conveniently located near major highways, schools, parks, shopping, and everyday amenities, you’ll enjoy easy access to everything Detroit has to offer. Don’t miss your chance to bring your vision to life. Schedule your private showing today! Purchaser to pay 395 processing fee. As-is sale. SELLER FINANCING / LAND CONTRACT TERMS AVAILABLE AT 140,000 PURCHASE PRICE, 40,000 DOWN PAYMENT, 8% INTEREST, 120 MONTH TERM. 1092 / MONTH. seller financing/land contract terms are negotiable.

88 days
246
21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 1
Full bathrooms: 1

Bedroom

Level: Entry
Area: 144
Dimensions: 12 X 12

Bedroom

Level: Entry
Area: 144
Dimensions: 12 X 12

Bedroom

Level: Second
Area: 144
Dimensions: 12 X 12

Bedroom

Level: Second
Area: 144
Dimensions: 12 X 12

Other

Level: Entry
Area: 42
Dimensions: 6 X 7

Heating

Forced Air, Natural Gas

Features

Basement: Unfinished
Has fireplace: No

Interior area

Total interior livable area: 1,427 sqft
Finished area above ground: 1,427

Property

Parking

Total spaces: 2
Parking features: Two Car Garage, Detached
Garage spaces: 2

Features

Levels: Two
Stories: 2
Entry location: GroundLevelwSteps
Pool features: None

Lot

Size: 5,662 Square Feet
Dimensions: 40 x 140.02

Details

Parcel number: W21I054460S
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Colonial,Craftsman
Property subtype: Single Family Residence

Materials

Brick
Foundation: Basement, Brick Mortar
Roof: Asphalt

Condition

New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: MARSHLAND BLVD SUB

HOA

Has HOA: No

Location

Region: Detroit

Financial & listing details

Price per square foot: $91/sqft
Tax assessed value: $36,188
Annual tax amount: $2,606
Date on market: 7/1/2026
Cumulative days on market: 89 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Contract

Estimated market value

$124,700

$118,000 - $131,000

$1,722/mo

Price history

Date	Event	Price
7/1/2026	Listed for sale	$130,000+369.3%$91/sqft
Source: Realcomp II #20261049831 Report a problem
1/10/2024	Sold	$27,700+3362.5%$19/sqft
Source: Public Record Report a problem
5/17/2023	Sold	$800$1/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$35,100 +31.5%
2024	--	$26,700 +39.8%
2023	--	$19,100 +24.8%
2022	--	$15,300 +10.1%
2021	--	$13,900
2020	$548 -37.9%	$13,900 +28.7%
2019	$882	$10,800 +14.9%
2018	$882	$9,400 -2.1%
2017	--	$9,600 -23.2%
2016	$840	$12,500
2015	$840 -20.5%	$12,500 -15.8%
2013	$1,057 +25.8%	$14,841 -31.8%
2010	$840	$21,759 -18%
2009	--	$26,535 -14.5%
2008	--	$31,035
2007	--	$31,035 +5.5%
2005	$106	$29,417 +3%
2004	--	$28,560