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231 Chandler Street Detroit, MI $ 300,000
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$ 300,000 Get more info
231 Chandler Street
$ 300,000
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231 Chandler Street

Detroit, MI, 48202
$ 300,000
Baths2.0 Sq 1,749

Monthly Estimate*

$ 1,872

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Studio

Multi-Family Home for sale in Detroit, MI

for $300,000 with 2 full baths. This 1,749 square foot home was built in 1914 on a lot size of 0.14.

Investment opportunity in Detroit! This multifamily home features two units and includes the side lot at 221 Chandler. The upper unit has been updated and offers 1 bedroom and 1 bathroom with hardwood flooring throughout. The lower unit needs some work but provides 2 bedrooms and 1 bathroom, making it a great value-add opportunity. Located close to downtown Detroit, this property is in a prime location for future growth and rental potential.

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Multi-Family Active

Price

$ 300,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,720

Style

Colonial

Lot Size

0.14

Year Built

1914

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251035110
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession RentalAgreement
Garage Spaces 0.0
Architectural Style Colonial
Pool Features None
Construction Materials Brick
Pets Allowed Call
Year Built 1914
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 15600.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name CHANDLER AVE SUB
Garage Y/N N
Full Baths 2
Status Active
Directions N of Grand Blvd E/E of Woodward Ave
City DetroitCity_Wayne
Disclosures ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily
Number Of Units Total 2
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 1
Land Lease Y/N N
Tax Annual Amount 6720.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 37997
Expected Active Date 2025-09-10
Legal Description N CHANDLER 85 CHANDLER AVE SUB L13 P96 PLATS W C R 1/106 50 X 125
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1749.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 50X125
Lot Size Acres 0.14
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 231
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* Excluded Features
List By
Tiroca Battle

Listing Agent

Realteam Real Estate

Broker

(586) 580-8092

Phone

Affordability Calculator

$2,432
Per Month
77%
23%
0%
Monthly Principal & Interest
$1,872
Monthly Property Taxes
$560
Monthly 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
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/10/2025$300,000 Listed Price

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231 Chandler Street, Detroit, MI, 48202 is a Multi-Family Home for sale at $300,000 with 1,749 sqft and a lot size of 0.14. 231 Chandler Street is a studio with 2.0 baths and was built in 1914. The property's zip code is 48202 which is in Detroit, MI

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