Price:$174,900|Beds: 3|Baths: 1|Area: 1964 sq ft

Info
Value
Expenses
History
Schools

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Overview

The home at 3031 Lawrence St Detroit, MI. 48206
has 2 bathrooms 1964 square feet of living space. It sits on 4356 square feet of land. And its legal description is

S LAWRENCE 104 J W LATHRUPS LAWRENCE & COLLINGWOOD AVES SUB L33 P9 PLATS, W C R 12/193 35 X 127.25
County Registrar of Deeds Public Record

This building may also appear as:

3031 Lawrence St

3031 Lawrence St Detroit, MI. 48206-3117

section 8 tenant paying $1,424/month! This detroit brick home has been significantly updated — including newer roof, mechanicals, plumbing, and electrical. Priced at $184,900 with an arv of $260k+, this property is a prime buy-and-hold play with high flip potential. With standard investor financing, it delivers a double-digit cash-on-cash return while building equity over time. Enjoy guaranteed rental income today and a high-return exit strategy tomorrow. Located in a stable, high-demand rental pocket. Professionally managed. Low maintenance. High upside. Showings only after accepted offer — do not disturb tenant.

More Information

MLS Number: 20251023585
Price: $174,900.00
Listing Start Date: 08/04/2025
Current MLS Status: Off Market
Status Date: 08/28/2025
Original Listing Price:
Year Built: 1923
Square Footage: 1964
Price per SqFt: $89.05
Bedrooms: 3
Full Bathrooms: 1
Half Bathrooms: 0
Total Tax: $1,717
Has Basement: Yes

Public Record Information

Estimated Value: $86,459
Square Footage: 1964
Lot Area: 0.10 acres (4,356 sqft)
Price per SqFt: $44.00
Year Built: 1923
Bedrooms: n/a
Full Bathrooms: 2
Half Bathrooms: 1
Taxes (from public record): $1,132
Approx. Loan Amount: $0
Zoning: R1
Build Quality: AVERAGE
Floor Types:
Amenities:
Swm Pool Type: NO POOL
Heating Types: Hot Water
Exterior Wall Types: Brick
Architecture Type: Other
Parking Types: Type Not Specified
Parking Size: 1
Pool: No Pool
Legal Description: S LAWRENCE 104 J W LATHRUPS LAWRENCE & COLLINGWOOD AVES SUB L33 P9 PLATS, W C R 12/193 35 X 127.25
Current APN
(Assessor's Parcel Number): 12003245. (12003245)
Previous APN: 12003245. (12003245.)
General Land Use: Residential
County Land Use: Single Family Residence (401)
Owner Occupied: NO
Owner City: Southfield, MI
No. of Buildings: 1

Valuation

Estimated Value

$86,459

Range of Comparable Sales

Low: $82,136

High:

$90,781

Exact Location

map of 3031 Lawrence Street Detroit, MI 48206

Estimated Monthly Expenses

Total Monthly Cost
Mortgage Payment (Principal and Interest) With a 20% Down Payment	$
Property Tax	$
Hazard Insurance	$
Heat	$
Electric Bill	$

Transaction History

*This data is provided from public record

Sale Date	Sale Price	Arm's-Length
06/19/2015	$17,000	No
11/16/2012	$1,000	Yes
09/14/2012		Yes

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Information deemed reliable but not guaranteed.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd.

Real estate listings held by firms other than Snabby Real Estate are marked with the Realcomp Internet Data Exchange logo or thumbnail logo
and detailed information about them includes the Listing Broker's Firm Name. The information being provided is 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.
Listing Provided by Own It Realty Office Contact Info: (313) 395-0000

Locations

3031 Lawrence Street Detroit, MI 48206