1407 Lakewood Street

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 1407 Lakewood St, Detroit, MI 48215, USA
Chicago & Midwest + 2-4 Units
Created date: October 28, 2026
Date last updated: October 28, 2026
Price: $99,900Investment Analyzer NEW!

Property 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!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $99,900
No. of Units: 2
Year Built: 1915
Lot Size: 2,300.00 Sq ft
Opportunity Zone: No
Price per unit: $49,950
Property Website Click Here
Number of Bedrooms: 6
Number of Bathrooms: 2
Address: 1407 Lakewood Street, Detroit, MI 48215, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

3690 Chester Road

Gaylord, Michigan
Chicago & Midwest + 2-4 Units
Units: 2
Price: $450,000

480 W 400 N

Jasper, Indiana
Chicago & Midwest + 2-4 Units
Units: 4
Price: $299,900

13421 W Haskell Ct

Wichita, Kansas
Chicago & Midwest + 2-4 Units
Units: 2
Price: $355,000

Brokers

View All

Lenders

View All