612 Lakewood St, Detroit, MI, 48215
About This Home
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.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Foundation: Basement,Brick Mortar
- Roof: Asphalt
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial,Craftsman
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
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
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Features
- Finished area above ground: 1,427
Heating
- Heating features: Forced Air,Natural Gas
Interior Area
- Total interior livable area: 1,427 sqft
Other
- Level: Entry
- Area: 42
- Dimensions: 6 X 7
Property
Details
- Parcel number: W21I054460S
- Special condition: Short Sale No,Standard
Features
- Levels: Two
- Stories: 2
- Entry location: GroundLevelwSteps
- Pool features: None
Lot
- Lot size: 5,662 sqft
- Lot size dimensions: 40 x 140.02
Parking
- Total spaces: 2
- Parking features: Two Car Garage,Detached
- Has garage: Yes
- Attached garage spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Heat Wave
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Wayne County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $657 | $7,884 |
| Home Insurance * | $176 | $2,112 |
| Property Taxes | $159 | $1,908 |
| Electricity | $188 | $2,259 |
| Total | $1,180 | $14,160 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-01 | Listed for sale | $130,000 |
| 2024-01-10 | Sold | $27,700 |
| 2023-05-17 | Sold | $800 |
View on Zillow