$74,999

5561 Lakepointe St Detroit, MI 48224

$891
Closing credit¹
3 beds
1 full, 1 partial
1,010 sqft
0.10 acres
$74 / sqft
House

Property details

About 5561 Lakepointe St

Attention investors! This property is a fantastic opportunity to add to your portfolio. Located on a quiet street in Detroit's 48224 zip code, this home offers great potential with some minor updates. The property features: A newer roof for added peace of mind 98% vinyl windows, with only a few remaining wood windows Hardwood floors throughout, ready to shine with a little TLC An updated kitchen and bathroom with modern finishes New water lines recently installed The home is currently vacant and in need of a clean-out and minor interior repairs, offering the perfect chance to customize and refresh it for the next tenant or owner. Please note: This property is being sold as-is. Don't miss this opportunity to invest in a property with solid bones and great potential. Schedule your showing today! Would you like to make any additional tweaks?

Highlights

Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
Size1,010 sqft
BasementYes
Lot size0.1 Acres
Year built1941
ParkingOne Car Garage, Detached
MLS #20250003408
Garage1 space

Summary

  • MLS Number: 20250003408
  • MLS Name: Realcomp II Ltd
  • Office Name: Lenox Realty & Management
  • Office Phone: (586) 480-4610
  • Listing Agent: Anne V Deleo

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 9:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house

$74,999

5561 Lakepointe St

$891

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 13, 2022
Home Sold
$40,000
Mar 21, 2019
Home Sold
$12,000

Tax history

YearAssessmentProperty Tax
2024$22,600$1,337
2023$17,800$1,337
2022$16,700$1,947
2021$13,400$1,947
2020$12,400$881
2018$10,000$881
2017$9,200$879

History based on county public records data.

Nearby schools

1

Marvin L Winans Academy Elementary School

Public Charter KG-5

0.9 mi

9740 McKinney St

1

Wayne Elementary School

Public District PK-5

0.9 mi

10633 Courville St

6

George Defer Elementary School

Public District KG-5

1.6 mi

15425 Kercheval Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $25,000. Residents of Detroit, MI typically earn less than $<35k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

54%
<35k
43%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

41%
Single, No Kids
34%
Single, with Kids
15%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
14%
12-17 yrs old
20%
18-34 yrs old
38%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • BurlingtonBurlington
  • Foot LockerFoot Locker
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • KiaKia
  • DodgeDodge
  • NissanNissan

What do the neighbors listen to?

  • Urban Adult ContemporaryUrban Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5561 Lakepointe St

This home is located at 5561 Lakepointe St in Detroit, MI and zip code 48224 in the Lower East neighborhood. This 1,010 square foot home, which was built in 1941, sits on a 0.10 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 15, 2025 and is currently priced at $74,999.

In February 2025 more than 68 listings in Detroit, MI were sold above the asking price. During the same period more than 60 listings were sold at asking price, while more than 203 were sold below. The inventory of homes for sale in Detroit, MI between January and February 2025 increased by 7%. In February 2025 median list price was $88,760 and the average listing age was 59 days.

From Rocket Homes Real Estate and based on county public records data.

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