For Sale
5500 Lakeview Street, Detroit, MI 48213
$40,000
MLS # 20261053427 (Realcomp)
4 beds2 baths1,764 sqftBuilt 19280.09 acres
1 / 1
Listing Description
BRICK DUPLEX ON Lakeview St, CHANDLER PARK NEIGHBORHOOD, VERY DESIRABLE AND UPCOMING AREA. GREAT FOR INVESTORS OR DIYERS. SOLD AS IS.
Source: SparkMLS
About this home
Located in Chandler Park in Detroit, this property offers 4-bedroom, 2-bath, 1,764 sq ft, with original construction dating to 1928.
Asking $40,000 (about $23/sq ft).
Annual property taxes run approximately $1,470 ($123/month). 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 TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms2
Living Area1,764 sqft
Lot Size0.09 acres
Year Built1928
Stories2
Location
CityDetroit
Zip Code48213
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed7/12/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$964
Tax Year2025
State Equalized Value$22,900
Assessed Value$22,900
Parcel #21052382.
Source: Public Records
Legal Description
E LAKEVIEW 204 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: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Abdul Khan
EXP Realty Main
Frequently Asked Questions about 5500 Lakeview Street, Detroit, MI 48213
Which school district serves 5500 Lakeview Street, Detroit, MI 48213?
Per MLS# 20261053427, 5500 Lakeview Street, Detroit, MI 48213 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What type of financing is accepted for this listing?
Per MLS# 20261053427, this listing accepts Cash financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 5500 Lakeview Street, Detroit, MI 48213?
Per public tax records, annual property taxes for this property are $1,484. 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 5500 Lakeview Street, Detroit, MI 48213 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 5500 Lakeview Street, Detroit, MI 48213 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 5500 Lakeview Street, Detroit, MI 48213?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$1,470
Monthly$123
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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%
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Monthly payment$382
Principal & interest$259
Property taxes$123
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
5500 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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