Seller Financing
Listed By:
Market Elite Inc - 5862263200
Address
612 Lakewood Street, Detroit, MI
Price
$ 130,000
Property Attributes
  • ID#20261049831
  • TypeSingle Family
  • Listing Status Active
  • CountyWAYNE
  • CityDetroit
  • AreaDet Mcclellan East Mack To Shore
  • NeighborhoodMARSHLAND BLVD SUB
  • Zip48215
  • StyleColonial,Craftsman
  • Year Built1920
  • Taxes$ 2606
  • Price$ 130,000
  • Bedrooms4
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1427
  • Lot Size0.13 Acres
Data Source:
RealComp
Property Description

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.

Price History
7/1/2026 Listed $130,000

General Features

Sewer PublicSewer
Heating ForcedAir, NaturalGas
Possession AtClose
Roof Asphalt
Garage Spaces 2.0
Architectural Style Colonial, Craftsman
Pool Features None
Construction Materials Brick
Year Built 1920
Levels Two
Property Subtype SingleFamilyResidence
County Wayne
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name MARSHLAND BLVD SUB
Garage Y/N Yes
Total Rooms 4
Full Baths 1
Status Active
Directions South of E Jefferson Ave and East of Dickerson Ave.
City DetroitCity_Wayne
Disclosures NoRestrictions, TaxesNotHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N No
High School District Detroit
MLS Area Area05066DetMcclellanEastMackToShore
Lot Size Units Acres
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 2606.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 36188
Expected Active Date 2026-07-01
MobileHomeRemainsYN No
PostalCity Detroit_Wayne
Legal Description E LAKEWOOD 16 MARSHLAND BOULEVARD SUB L26 P92 PLATS, W C R 21/293 40 X 140.02

Interior Features

Basement Unfinished
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 1427.0
Total Bedrooms 4
LivingAreaSource PublicRecords
Above Grade Finished Area Unit Type SquareFeet
Total Baths 1

Exterior Features

Parking Features TwoCarGarage, Detached
Water Source Public
Foundation Details Basement, BrickMortar
Spa No
Lot Dimensions 40X140.02
Lot Size Acres 0.13
Waterfront Y/N No
Road Frontage Type Paved
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Garden City Office and The Originating MLS(found above), © 2026 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of September 19, 2026 8:25 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Single Family Average in 48215

Price
AVG $160K
$130K
Taxes
AVG $2,141
$2,606
Year Built
AVG 1939
1920
Visits
AVG 125
150
Data Provided by Inside Real Estate®

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