172 Lakewood St, Detroit, MI 48215, USA For Sale

  • $154,900
  • 5 beds
  • 3 baths
  • 1,707 sqft

Investment Potential:
This property presents a standout investment opportunity in one of Detroit’s most desirable and rapidly appreciating neighborhoods, just minutes from the waterfront. Offering 5 bedrooms, 3 bathrooms, and over 1,700 sq. ft., the home has tremendous upside in an area where renovated properties continue to command premium prices and attract strong buyer demand.

With an asking price of $154,900 and an ARV of $285,000, this deal offers a substantial spread and multiple exit strategies. Whether you’re planning a quality fix-and-flip or a long-term hold, the combination of the prime location, proximity to the water, and strong appreciation potential makes this one of the most attractive opportunities in the area.

Asking Price: $154,900
ARV: $285,000
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HOUSE ACCESS: Friday, September 25th at 12:00 PM

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Details

✅ 5 Bedrooms / 3 Bathrooms
✅ 1,707 sq. ft.
✅ Lot Size: 6,525 sq. ft.
✅ Full Basement
✅ Driveway
✅ Single Family
✅ Year Built: 1924
📅 Closing: By 10/03/2026
💵 EMD: Required within 24 hrs of signing
👥 Buyer Agents: Welcome – 2.7% commission

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📞 Call/Text: 248-838-0975
📧 Email: office@reidailydeals.com

Price:
$154,900
Address:
172 Lakewood St
Detroit, MI 48215
Square Feet:
1,707
Lot Size:
6,525
Bedrooms:
5
Bathrooms:
3
Terms:
For Sale
Property Type:
Home
Year Built:
1924
Basement:
Full Basement
Const. Type:
Single Family
MLS #:
OFF

Call 248-838-0975 for more details

Property Location