For Sale
5511 Lakeview Street, Detroit, MI 48213
$35,000
MLS # 20261027028 (Realcomp)
5 beds2 baths2,009 sqftBuilt 19260.09 acres
1 / 21
Listing Description
Investor special at 5511 Lakeview—spacious 5-bedroom, 2-bath property offering strong upside for investors or rehabbers. This large home features a traditional layout with generous room sizes, hardwood floors throughout much of the property, and a full basement providing additional value-add potential. Property needs updates but presents an excellent opportunity for a fix-and-flip or long-term rental. The yard is currently fenced together with the adjacent lot; however, the additional lot is not included in the sale. Located on a residential block with convenient access to major roads, shopping, and local amenities.
Source: SparkMLS
About this home
Located in Chandler Park in Detroit, this property offers 5-bedroom, 2-bath, 2,009 sq ft, with original construction dating to 1926.
Listed at $35,000 (about $17/sq ft).
Annual property taxes run approximately $1,598 ($133/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
Bedrooms5
Bathrooms2
Living Area2,009 sqft
Lot Size0.09 acres
Year Built1926
Stories2
Location
CityDetroit
Zip Code48213
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
Sale & Financing
Listed4/20/2026
Terms AcceptedCash
Source: SparkMLS
Tax Information
Annual Tax$1,024
Tax Year2025
State Equalized Value$24,900
Assessed Value$24,900
Parcel #21052481.
Source: Public Records
Legal Description
W LAKEVIEW 101 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 Mikhail Grigoryan
Detroit Progress Realty LLC
Frequently Asked Questions about 5511 Lakeview Street, Detroit, MI 48213
What school district is 5511 Lakeview Street, Detroit, MI 48213 in?
Per MLS# 20261027028, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261027028, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261027028, the most recent reported annual property tax for 5511 Lakeview Street, Detroit, MI 48213 is $1,230. 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 5511 Lakeview Street, Detroit, MI 48213 eligible for USDA financing?
Per USDA Rural Development boundary data, 5511 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, 5511 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.
Who are the utility providers for this property?
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.
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$1,598
Monthly$133
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$360
Principal & interest$227
Property taxes$133
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
5511 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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