1

Lafayette Park Townhome for Sale

Section Image
  • /37

    $325,000

    • 3 Beds
    • 1.5 Baths
    • 1,400 Sq Ft

    1304 Nicolet Place, Detroit, MI 48207

    Located in one of Detroit's most exciting areas near the River walk, Eastern Market and Stadiums, this co op in Lafayette Park is surrounded by nature and Architectural Gems enjoyed to the fullest by Floor to ceiling windows. Create your own Design in this Space that has ample Living space and formal dining with an additional, versatile rec room in the basement. The Monthly co op fee includes

    Perry Gatliff Signature Sotheby's International Realty GPF

    1304 Nicolet Place, Detroit, MI 48207

Why Live in Lafayette Park

Lafayette Park in Detroit is a neighborhood rich in history and architectural significance. Originally known as Black Bottom, the area was redeveloped in the late 1950s and early ‘60s into a mixed-income community designed by Ludwig Mies van der Rohe. The neighborhood features the world's largest collection of buildings by Mies van der Rohe, including modernist condominiums, Co-Ops, and high-rise apartments with exposed steel, tinted glass, and aluminum accents. Lafayette Park is characterized by its substantial urban green space, including Lafayette Plaisance Park, which offers tennis courts, a basketball court, and a baseball diamond. The Dequindre Cut, a sub-street-level greenway with bike and walking lanes, adds to the neighborhood's features for cyclists and pedestrians. The Chrysler Freeway provides convenient access to other parts of Detroit, and multiple bus routes serve the area. The neighborhood's proximity to downtown Detroit means residents have a variety of shopping and dining options, from local groceries at Lafayette Foods to upscale stores and diverse restaurants downtown. Most homes are located on quiet, tree-lined streets without garages, relying on street parking or parking lots in apartment complexes.

Home Trends in Lafayette Park, MI

Housing Trends

Median Sale Price
$110,000
Median Single Family Sale Price
$427,500
Median Townhouse Sale Price
$392,500
Median 2 Bedroom Sale Price
$110,000
Median 1 Bedroom Sale Price
$83,500
Average Price Per Sq Ft
$141
Number of Homes for Sale
29
Last 12 months Home Sales
43
Months of Supply
8.10
Median List Price
$115,000
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
10%
How to Buy a Home How to Finance a Home How to Sell a Home