Sold
5261 Lakeview Street, Detroit, MI 48213
Sold on 09/16/2025 for$124,122
MLS # 20251009598 (Realcomp)
Built 19260.09 acres
1 / 41
Listing Description
Very Excited To Offer An Opportunity In The Growing Community Of Fox Creek, Near Detroit’s thriving Chandler Park, and Royal Skateland, with just minutes from Downtown, Grosse Pointe, and the Waterfront! Family Neighborhood, Close to Amenities!!! Move Right Into This Multifamily unit, it offers versatile living space featuring 2 spacious units and strong rental income potential. Live In or Rent Out!! Turnkey Immediate Occupancy, Recent updates to property include new carpet, updated 1st floor Kitchen, new doors, fresh paint, updated electrical, some new plumbing, new sub pump, and water proofing! Unit has separate electric and gas meters. Upper floor can be easily made into a 2 bedroom unit! For Your Viewing Pleasure We Have Virtually Staged The Pictures!!! Schedule Your Showing Today!!!!
Source: SparkMLS
About this home
This 2-bath home built in 1926 sits in Chandler Park in Detroit.
Final sale price: $124,122.
Property tax estimate: $1,098 per year ($92/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Fiber internet is available at this address with download speeds up to 1,200 Mbps across 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.09 acres
Year Built1926
Location
CityDetroit
Zip Code48213
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed6/17/2025
Sold Date9/15/2025
Terms AcceptedCash, Conventional, Land Contract
Source: SparkMLS
Tax Information
Annual Tax$648
Tax Year2025
State Equalized Value$17,100
Assessed Value$17,100
Parcel #21052490.
Source: Public Records
Legal Description
W LAKEVIEW 92 PLAT OF ALFRED F STEINERS PARK SUB L40 P61 PLATS, W C R 21/630 40 X 101.5
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Erick Monzo
Keller Williams Realty-Great Lakes
Frequently Asked Questions about 5261 Lakeview Street, Detroit, MI 48213
What school district is 5261 Lakeview Street, Detroit, MI 48213 in?
Per MLS# 20251009598, 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# 20251009598, the seller has indicated this property accepts the following financing types: Cash, Conventional, Land Contract. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20251009598, the most recent reported annual property tax for 5261 Lakeview Street, Detroit, MI 48213 is $738. 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 5261 Lakeview Street, Detroit, MI 48213 eligible for USDA financing?
Per USDA Rural Development boundary data, 5261 Lakeview Street, Detroit, MI 48213 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, 5261 Lakeview Street, Detroit, MI 48213 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.
Is fiber internet available at 5261 Lakeview Street, Detroit, MI 48213?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 1.2 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
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.
Map
Tax Estimate
$
Annual tax$1,098
Monthly$92
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
$
%
$
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Monthly payment$999
Principal & interest$907
Property taxes$92
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
1.2 Gbps
Upload
1 Gbps
CableFiberLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5261 Lakeview Street, Detroit, MI 48213
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Neighborhood
Chandler Park
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Community
Detroit
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County
Wayne County
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