For Sale
1202 Lawrence Street, Detroit, MI 48202
$299,900
MLS # 20261024022 (Realcomp)
Built 19130.2 acres
1 / 34
Listing Description
Whether you’re looking to house hack or step into a strong, income-producing investment, let your home work for you. This fully renovated duplex, with an included SIDE LOT, sits in the Lawrence Park neighborhood just outside the iconic Boston-Edison District. You’re minutes from Wayne State University, Henry Ford Hospital, and New Center, with quick access to the Lodge for easy trips downtown or out to the suburbs. Restored in 2018, the property blends historic character with clean, modern updates—so you can move right in or lease both units and start generating income.Inside, everything is already done: Updated electrical, plumbing, and mechanical systems, including central air on the first floor; New roof, windows, and interior/exterior doors; Fresh drywall and modern finishes throughout; Two updated kitchens with stainless steel appliances; Fully renovated bathrooms; Out back, a large paved parking area adds convenience for tenants or guests. The attic offers future upside, with the potential to expand into a third unit or additional living space. Live in one unit and offset your costs, or rent both and maximize returns. Either way, you’re building equity in a location that continues to grow—while your property works for you. Downstairs tenant lease ends 8/1/26. The side lot address is 1208 Lawrence.
Source: SparkMLS
About this home
2-bath home in Middle Woodward in Detroit built in 1913.
Listed at $299,900.
Estimated annual property tax: $334, or about $28 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.2 acres
Year Built1913
Location
CityDetroit
Zip Code48202
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick, Vinyl Siding
HeatingForced Air
WaterPublic
Sale & Financing
Listed4/13/2026
Original Price$314,900
Terms AcceptedCash, Conventional, FHA, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$262
Tax Year2025
State Equalized Value$5,200
Assessed Value$5,200
Parcel #06003001.
Source: Public Records
Legal Description
N LAWRENCE 15 LAWRENCE PARK SUB L28 P49 PLATS, W C R 6/123 35 X 129
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jan Dijkers
Berkshire Hathaway HomeServices The Loft Warehouse
Frequently Asked Questions about 1202 Lawrence Street, Detroit, MI 48202
What school district is 1202 Lawrence Street, Detroit, MI 48202 in?
Per MLS# 20261024022, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261024022, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA, VA Loan. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261024022, the most recent reported annual property tax for 1202 Lawrence Street, Detroit, MI 48202 is $570. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 1202 Lawrence Street, Detroit, MI 48202 eligible for USDA financing?
Per USDA Rural Development boundary data, 1202 Lawrence Street, Detroit, MI 48202 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 1202 Lawrence Street, Detroit, MI 48202 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Loading map...
Tax Estimate
$
Annual tax$334
Monthly$28
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
$
%
$
$
$
Monthly payment$1,973
Principal & interest$1,945
Property taxes$28
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1202 Lawrence Street, Detroit, MI 48202
View full property history →
Neighborhood
Middle Woodward
View all listings →
Community
Detroit
Explore neighborhoods →
County
Wayne County
View county overview →
Get email alerts for new listings near 1202 Lawrence Street
We'll notify you when something hits the market in Middle Woodward or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.