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 Sq 4,262

Monthly Estimate*

^$ 1,231

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Studio

Multi-Family Home for sale in Detroit, MI

for $199,900. This 4,262 square foot 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

Lot Size

0.14

Year Built

1904

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

70446843

Features

General

Heating Forced Air

Status Active Active

Year Built 1904

County Wayne

Class MULTIFAMILY

Type Multi-Family

Municipality Detroit

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions Please Enter Address in Navigational Tools Available.

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

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

DOM 378

Postal Code 48202

Price Per Sq Ft Total AG 46.9

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

Interior

Basement MI Basement

Total Number of Units 2

Fuel Type Electric Natural Gas

Exterior

Exterior Brick

Frontage 50

Lot Size Area 0.14

Lot Dimensions 50X121X3X50X125

Waterfront Y/N No

* Excluded Features

List By

Jennifer Lasco

Listing Agent

Lasco Real Estate Group

Broker

Jen@lascorealestategroup.com

Affordability Calculator

$1,640

Per Month

Monthly Principal & Interest: $1,231
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 6.25% 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 ^$231,477

Percent of Sale Price 16%

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.

759604 Elementary School

760475 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 4,262 sqft and 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 6.25% 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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261 Chandler Street

Multi-Family Home for sale in Detroit, MI

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