$104,000

577 Lakewood Street, Detroit, MI 48213

4 beds |
1 bath |
1,760 sqft

Single-Family Home
Built in 1938
4,356sqft lot
2 car garage
$59/sqft
Listed 10 days ago

Property Description

Great Investor Opportunity! Located in the desirable Jefferson Chalmers area of Detroit, this brick colonial offers 4 bedrooms, 1 bathroom, an unfinished basement, and a 2-car garage. The home is livable and full of potential for the right investor looking to add value. Recent updates within the last five years include a new furnace, new hot water tank, updated electrical, and a refreshed kitchen with new flooring, countertop, and sink. The home could benefit from new windows and a small roof repair at the back, leaving plenty of room to customize and improve. Conveniently situated near neighborhood parks, the Detroit River, and the Grosse Pointe communities, this property offers both charm and opportunity. Home is being sold as is. Don't miss your chance to take on this promising project in a sought-after Detroit neighborhood!

Listing Status:: Active
Date Added:: November 24, 2025 at 06:00AM
Listing Office:: Downriver Homes LLC : 734-626-0478
Listing Agent:: Jessica Crossland : 313-576-6598
MLS ID:: 60955517

Basement: Unfinished
Heating: Natural GasForced Air

Style: Colonial
Parking: Parking spaces: 2

General: BrickTwoBasement

Road/Access: Paved
Originating MLS: MiRealSource
School District: Detroit City School District
County: Wayne

Zoning: W LAKEWOOD 167 & 1/2 OF VAC ALLEY ADJ WERNERS PARK SUB L43 P1 PLATSW C R 21/621 40 X 116

Water: Public

Source: MiRealSource

This listing courtesy of Jessica Crossland, Downriver Homes LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Carstens Elementary-Middle School

13000 Essex Ave, Detroit, MI, 48215

Grades PK-8

0.37 miles away

Carstens Elementary-Middle School

13000 Essex Ave, Detroit, MI, 48215

Grades PK-8

0.37 miles away

Davis Aerospace Technical High School at Golightly

900 Dickerson St, Detroit, MI, 48215

Grades 9-12

0.46 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.