$118,999
$66K PRICE DROP

Estimated payment $743/month

Total Views 14,358
5 Beds
4 Baths
2,482 Sq Ft
$48 Price per Sq Ft

Highlights

  • Colonial Architecture
  • No HOA
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • 1 Car Detached Garage

About This Home

Investor Special in the Gateway Community – 728 Lawrence, Detroit

Located just north of Boston-Edison in the rising Gateway community, this 4-bedroom, 3-bath home offers a blank canvas for your vision. Spanning over 2,400 sq ft, this property has been gutted and is ready for a full renovation—perfect for investors looking to flip or hold.

With an ARV of $225K–$260K and strong Airbnb potential in this location, the upside is huge. The homeowner is relocating out of state and unable to complete the project due to illness.

Serious buyers only. Cash or renovation financing preferred. Drive by today and imagine the possibilities!

Listing Agent

Erick Monzo

Keller Williams Realty-Great Lakes License #6501330189 Listed on: 06/16/2025

Keller Williams Realty-Great Lakes

Co-Listing Agent

Roderick Fletcher Sr

Keller Williams Realty-Great Lakes License #6501454745

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1914

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x139

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 2,482 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Location

  • Ground Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Greenlawn Sub Being Sly 6 82 Ft Of 1/4 Sec 25 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04002999

Home Details

Home Type

Single Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1914
  • State Equalized Value: 49100.0000
  • Entry Location: Ground Level w/Steps
  • AgentOnly_ListPriceByAcre: 743743.7500
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2482

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 1 Car
  • Garage Features: Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 0.16
  • Lot Dimensions: 50X139
  • Parcel Number: 04002999

Tax Info

  • Tax Amount Summer: 3949.0000
  • Tax Amount Winter: 5031.0000
  • Total Tax: 8980.0000
  • Taxable Value: 49100.0000

MLS Schools

  • School District: Detroit

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,949 $58,800 $0 $0
2024 $3,949 $49,100 $0 $0
2023 $1,986 $39,000 $0 $0
2022 $1,730 $21,600 $0 $0
2021 $1,363 $19,100 $0 $0
2020 $1,348 $22,800 $0 $0
2019 $1,327 $17,900 $0 $0
2018 $1,403 $15,100 $0 $0
2017 -- $0 $0 $0
2016 $240 $0 $0 $0
2015 $2,089 $0 $0 $0
2013 $2,089 $0 $0 $0
2010 -- $27,041 $1,155 $25,886
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2025 10/22/25 Price Changed $118,999 -20.1% $48 / Sq Ft
07/31/2025 07/31/25 Price Changed $149,000 -19.5% $60 / Sq Ft
06/16/2025 06/16/25 For Sale $185,000 +374.4% $75 / Sq Ft
10/26/2023 10/26/23 Sold $39,000 -2.5% $16 / Sq Ft View Prior Sale
10/19/2023 10/19/23 Pending -- -- --
10/12/2023 10/12/23 For Sale $40,000 0.0% $16 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
08/29/2023 08/29/23 For Sale $40,000 0.0% $16 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
08/09/2023 08/09/23 Price Changed $40,000 -33.3% $16 / Sq Ft
07/26/2023 07/26/23 For Sale $60,000 -25.9% $24 / Sq Ft
07/28/2021 07/28/21 Sold $81,000 -4.7% $33 / Sq Ft View Prior Sale
07/26/2021 07/26/21 Pending -- -- --
07/09/2021 07/09/21 Price Changed $85,000 -10.5% $34 / Sq Ft
07/08/2021 07/08/21 Price Changed $95,000 0.0% $38 / Sq Ft
07/08/2021 07/08/21 For Sale $95,000 -5.0% $38 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/01/2021 06/01/21 Price Changed $100,000 -19.9% $40 / Sq Ft
06/01/2021 06/01/21 For Sale $124,900 -- $50 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $39,000 None Listed On Document
Warranty Deed $39,000 None Listed On Document
Warranty Deed $81,000 None Available
Warranty Deed $81,000 None Listed On Document
Quit Claim Deed $12,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed $1,800 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- First American Title
Quit Claim Deed -- None Available
Sheriffs Deed $74,174 None Available
Quit Claim Deed $10,000 None Available
Warranty Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $16,010 Purchase Money Mortgage
Source: Public Records

Source: Realcomp

MLS Number: 20251006128

Realcomp

APN: 04-002999