#20250020049, Michael Perna, Jonathan Stevens, Listing Office: EXP Realty Main
1300 E Lafayette Unit 507 Detroit, MI 48207
Property details
About 1300 E Lafayette Unit 507
Opportunity knocks in a Luxury High Rise at 1300 E. Lafayette #507. Unlock the equity and design potential of this spacious Mid Century Modern four bedroom corner unit at 1300 E. Lafayette Cooperative, a prestigious high rise community in Lafayette Park. Situated on the 5th floor, this residence offers stunning views of the city, park, and river, providing a rare opportunity to create a custom designed home at a fraction of the cost of Downtown Detroit living. With an in unit laundry connection and a versatile floor plan, this unit is ideal for buyers looking to renovate and invest in one of the city’s most desirable locations. Residents of 1300 Lafayette East Cooperative enjoy a worry free lifestyle, with the monthly HOA covering property taxes, heat, air conditioning, basic cable, professional management, building maintenance, and 24 hour security. The community offers an array of luxury amenities, including a state of the art fitness center, yoga studio, two heated outdoor pools, and secure indoor and outdoor parking options. Located in a gated, full-service community, this home offers the perfect combination of privacy, convenience, and vibrant city living. Just steps from the GM Renaissance Center, Greektown, the Detroit RiverWalk, Eastern Market, and an array of grocery stores, restaurants, and cafes, residents enjoy unparalleled access to the best of Detroit. This is a unique opportunity to bring your vision to life in one of the city’s most sought after residential buildings. Schedule your private showing today and explore the possibilities! Cooperative Financing available with National Cooperative Bank, Camryn Remsing.
Highlights
Summary
- MLS Number: 20240041939
- MLS Name: Realcomp II Ltd
- Office Name: Historic Realty Detroit
- Office Phone: (313) 752-0533
- Listing Agent: Jason Hill
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Last updated on: 4/19/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$129,000
1300 E Lafayette Unit 507
$1,532
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
8
Chrysler Elementary School
Public District KG-5
0.1 mi
•1445 E Lafayette St
3
University Preparatory Science and Math Elementary School
Public Charter KG-5
0.8 mi
•2251 Antietam Ave
1
Detroit Academy of Arts and Sciences
Public Charter KG-5
0.9 mi
•2985 E Jefferson Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,842. Residents of Detroit, MI typically earn less than $<35k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 1300 E Lafayette Unit 507
This home is located at 1300 E Lafayette Unit 507 in Detroit, MI and zip code 48207 in the Downtown neighborhood. This 1,664 square foot home was built in 1964. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 16, 2024 and is currently priced at $129,000.
In March 2025, from all listings sold in Detroit, MI there were more than 91 sold above asking price, over 203 sold below and more than 81 were sold right at the asked price. In March 2025 in Detroit, MI there were 14.9% more homes for sale than in February. In March 2025, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $89,542.