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Multi family home for sale at 1407 Lakewood St, Detroit, MI 48215 | MLS# 20261087401 | Listing updated on 2026-10-29
Photo 1 of Multi family home for sale at 1407 Lakewood St, Detroit, MI 48215 | MLS# 20261087401 | Listing updated on 2026-10-29
Photo 2 of Multi family home for sale at 1407 Lakewood St, Detroit, MI 48215 | MLS# 20261087401 | Listing updated on 2026-10-29
Photo 3 of Multi family home for sale at 1407 Lakewood St, Detroit, MI 48215 | MLS# 20261087401 | Listing updated on 2026-10-29
Photo 4 of Multi family home for sale at 1407 Lakewood St, Detroit, MI 48215 | MLS# 20261087401 | Listing updated on 2026-10-29
60+
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Street View

$99,900

Monthly Est:$497

  • Beds Icon-- Bed
  • Beds Icon
    2 Baths
  • Beds Icon2,300sqft

1407 Lakewood St, Detroit, MI 48215

$497/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1915

  • $-- HOA

  • 0.17 acre lot

  • $43/sq.ft

Description

Multifamily opportunity at 1423 Lakewood in Detroit! This property features two spacious units, each offering 3 bedrooms and 1 full bathroom, A full kitchen, living room and dining room making it ideal for both investors and owner-occupants. The property includes a shared basement, providing additional storage and utility space for tenants. Outside, you’ll find a large driveway with ample parking along with two separate garages—a 2.5-car garage and an additional 1.5-car garage, a rare and valuable feature for rental properties. Situated on two parcels of land, this property offers added flexibility and long-term potential for expansion or increased value. Conveniently located near major roads, shopping, and local amenities, this is a strong income-producing asset with room to grow. **Second floor unit's address is 1427 Lakewood St, Detroit, MI 48215** **Second parcel included is 1407 Lakewood St, Detroit, MI 48215** Don’t miss out on this versatile Detroit investment opportunity!

  • Houzeo last checked: 2 hours ago
  • Listing updated: October 29, 2026 at 10:00 am
  • Listing Provided by: Moe Kassem (248) 847-8067 , Al Abdallah | EXP Realty Main (888) 501-7085
  • Source: Realcomp MLS-MI | MLS#: 20261087401 Realcomp MLS-MI
  • Originating MLS: Realcomp II Ltd

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Wayne County

  • City

    Detroit

  • Neighborhood

    Fox Creek

  • Year Built

    1915

  • HOA Fees

    -

  • Finished Area

    2,300 sqft

  • Lot Size

    0.17 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Realcomp MLS

  • MLS Number

    20261087401

  • MLS Status

    Active

  • Days on Market

    1

  • Cumulative Days on Market

    1

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathrooms: 2

Interior

  • Heating

    Forced Air, Natural Gas

  • Sewer

    Public Sewer

Construction

  • Year Built

    Year Built: 1915

  • Home type

    Multi Family

  • Architectural Style

    Colonial

  • Foundation Details

    Basement, Brick Mortar

  • Roof

    Asphalt

  • Construction Materials

    Brick

Utilities & Energy

  • Water Source

    Public

  • Basement

    Full, Unfinished

  • Pool Features

    None

Other Features

  • Disclosures

    No Restrictions, Projected Income, Taxes Partially Homestead Exempt

  • Subdivision Name

    Skinner & Moores

Price History

DateEventPrice

10/28/2026

Source: mls_logoMiRealSource MLS-MI #61042616

Listed for Sale

$99,900

$43/sqft

Fox Creek Ranks #143 in Detroit, MI

Homes for sale
42

Homes

Rental prices
$850

Rental Prices

Median Home Price
$55K

Median Home Price

Fox Creek, Detroit, MI neighborhood guide

Getting Around 1407 Lakewood St

Bike Score®

Bike Score

Bikeable

63/100

Walk Score®

Walk Score

Somewhat Walkable

58/100

Transit Score®

Transit Score

Some Transit

44/100

Data provided by Redfin

Nearby Homes

Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Oct 29, 2026, 02:15PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. ​© 2024 Realcomp II Ltd. MLS. All Rights Reserved.

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