12225 Lansdowne Street

About this home

Discover the renovation potential of this 1940 brick home in Detroit's 48224 area. Offering a three bedrooms, one full bathroom, an additional half bath in the basement, and two living areas, this property presents an opportunity to restore an established residential home with a versatile floor plan and distinctive interior details.The main level features living and dining spaces, a kitchen, two bedrooms, and a full bathroom. An additional bedroom and den are shown on the upper-level floor plan, providing flexibility for future improvements. The living area includes a fireplace, while portions of the home retain hardwood flooring, interior trim, and architectural features that may be incorporated into a renovation. The full basement provides additional utility and storage space, along with a half bath.This home requires significant TLC and is being offered as-is.Visible conditions include damaged wall and ceiling finishes, exposed framing in some areas, deteriorated flooring, bathroom fixtures requiring attention, and unfinished basement areas. A comprehensive rehab plan should account for interior restoration, plumbing and electrical evaluations, and assessment of the roof, structure, and mechanical systems by qualified professionals. For the savvy investor, handyman, or buyer planning to renovate, this property offers an opportunity to reimagine its existing spaces. Potential strategies may include a resale renovation or future rental use, subject to property condition, applicable requirements, and independent financial analysis. Buyers should evaluate the full renovation scope, obtain necessary inspections, and verify all property information. Sold as-is, no repairs will be completed.

Interior

Systems and utilities

Exterior and lot

Taxes, HOA and more

Schools

How it compares in Detroit

Over the last 90 days, 1,209 homes sold in Detroit for a median of $99,900, about $71 per square foot, and the typical one went under contract in 29 days. This home is listed at $65,000, or $45 per square foot, 37% below the city median, and has been on the market 0 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Detroit sales or ask us for the comparable sales on this one.

Property taxes for a new owner

The current owner pays about $1,185 a year. A buyer who lives here would pay about $1,110 to $2,107 a year once the taxable value resets after the sale, at the 2025 homestead rate of 64.18 mills for Detroit City and Detroit schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.

Location

Similar homes in Detroit

$50,000

2 bd · 1 ba · 720 sqft

7406 Rosemont Avenue, Detroit

Listing courtesy of EXP Realty Main

$59,000

3 bd · 1.5 ba · 1,424 sqft

8303 Esper Street, Detroit

Listing courtesy of RE/MAX Team 2000

$69,900

3 bd · 1 ba · 1,136 sqft

5565 Fairview Street, Detroit

Listing courtesy of Berkshire Hathaway HomeServices Kee Realty SCS

$79,900

3 bd · 1 ba · 1,216 sqft

2317 Highland Street, Detroit

Listing courtesy of Keller Williams GR East

$60,000

3 bd · 1 ba · 1,186 sqft

6337 Marseilles Street, Detroit

Listing courtesy of KW Domain

$49,900

2 ba · 2,716 sqft

2981 Cortland Street, Detroit

Listing courtesy of Tyraa Nicole Realtors LLC

See all Detroit homes for sale →