261 Chandler Street Detroit, MI ^$ 199,900

261 Chandler Street

^$ 199,900

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261 Chandler Street

Detroit, MI, 48202

^$ 199,900

Studio Baths0.0

Monthly Estimate*

^$ 1,247

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Studio

Multi-Family Home for sale in Detroit, MI

for $199,900. This home was built in 1904 on a lot size of 0.14.

This property is in need of a little TLC. Great investment opportunity! Plans available for multi-unit construction.

Multi-Family Active

Price

^$ 199,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 4,910

Style

2 to 4 Units

Lot Size

0.14

Year Built

1904

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

25000183

Features

General

Heating Forced Air

Utilities Natural Gas Connected Electricity Connected

Possession Close Of Escrow

Construction Materials Brick

Year Built 1904

Tenant Pays None

Township Detroit City

Property Subtype 2 to 4 Units

Tax Year 2024

Ownership Private Owned

County Wayne

New Construction N

Property Type Multi Family

Subdivision Name Chandler Ave Sub

Status Active

Directions Please Enter Address in Navigational Tools Available.

City Detroit

High School District Detroit

Number Of Units Total 2

MLS Area Wayne County - 100

Lot Size Units Acres

Lot Size Square Feet 6098.0

Listing Terms Cash Conventional

Land Lease Y/N N

Tax Annual Amount 4910.0

Lease Renewal Y/N N

MLS Area Minor Wayne County - 100

Additional Parcels Y/N N

Rent Control Y/N N

Standard Status Active

Occupancy Type Vacant

Tax Assessed Value 45012

Legal Description N CHANDLER 82 CHANDLER AVE SUB L13 P96 PLATS W C R 1/106 50 X 125

Senior Community None

Interior

Basement Michigan Basement

Basement (Y/N) Y

Heating Y/N Y

Total Baths 0

Exterior

Total Parking 1.0

Lot Size Area 0.14

Number of Buildings 2

Spa N

Lot Dimensions 50X121X3X50X125

Lot Size Acres 0.14

Waterfront Y/N N

Crops Included Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 261

* Excluded Features

List By

Lasco Real Estate Group

Broker

Jen@lascorealestategroup.com

Affordability Calculator

$1,656

Per Month

Monthly Principal & Interest: $1,247
Monthly Property Taxes: $409
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$237,914

Percent of Sale Price 19%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3706345 Elementary School

3706341 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/29/2025	$199,900	-20.04%	Price Down
5/21/2025	$250,000	-16.67%	Price Down
1/2/2025	$300,000		Listed Price

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261 Chandler Street, Detroit, MI, 48202 is a Multi-Family Home for sale at $199,900 with a lot size of 0.14. 261 Chandler Street is a studio with 0.0 baths and was built in 1904. The property's zip code is 48202 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of MichRIC, LLC

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of MichRIC, LLC. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

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.

Information Deemed Reliable But Not Guaranteed

Data is updated as of 12/10/2025.

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261 Chandler Street

Multi-Family Home for sale in Detroit, MI

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