5577 Chalmers Street Detroit, MI ^$ 209,900

5577 Chalmers Street

^$ 209,900

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5577 Chalmers Street

Detroit, MI, 48213

^$ 209,900

Studio Baths2.0 Sq 1,750

Monthly Estimate*

^$ 1,292

5577 Chalmers Street, Detroit, MI 48213 - Image 1

5577 Chalmers Street, Detroit, MI 48213 - Image 2

Studio

Multi-Family Home for sale in Detroit, MI

for $209,900 with 2 full baths. This 1,750 square foot home was built in 1926 on a lot size of 0.14.

Fully remodeled two-family home offering an exceptional opportunity for investors or owner-occupants. Rent both units or live in one and rent the other for immediate income. This turnkey property has brand-new kitchens and bathrooms, plus new flooring, fresh paint, updated windows, a new roof, and upgraded electrical, making it a maintenance-free investment. In-market rents for similar units typically range from $1,000 to $1,150 per month, signaling strong earning potential. Perfect for someone seeking a solid return on investment with minimal upfront work. All information deemed reliable but not guaranteed. Buyers or buyer's agent to verify all information.

Multi-Family Coming Soon

Price

^$ 209,900

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,829

Style

Lot Size

0.14

Year Built

1926

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60965424

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Coming Soon

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1926

Subdivision Sefton Park Sub MI

Water Heater Gas

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 21900

Ownership Private

Municipality Detroit

Zoning Residential

Sale/Rent For Sale

Status Detail 4

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions Heading E On Outer Drive Right On Chalmers. 4th Home On Your Right.

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional FHA

Legal Description W CHALMERS 199 & 1/2 OF VAC ALLEY ADJ SEFTON PARK SUB L38 P86 PLATS W C R 21/478 40 X 160

DOM 0

Postal Code 48213

Price Per Sq Ft Total AG 119.94

Public Remarks

Interior

Basement Common

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

Exterior

Exterior Brick Wood

Exterior Amenities Porch

Lot Size Area 0.14

Lot Dimensions 40X151

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

James Haidar

Listing Agent

Re/Max First

Broker

JAMESHAIDAR@YAHOO.COM

Affordability Calculator

$1,445

Per Month

Monthly Principal & Interest: $1,292
Monthly Property Taxes: $152
Monthly Home Insurance: --

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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 ^$234,851

Percent of Sale Price 12%

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
1/22/2026	$209,900		Listed Price

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5577 Chalmers Street, Detroit, MI, 48213 is a Multi-Family Home for sale at $209,900 with 1,750 sqft and a lot size of 0.14. 5577 Chalmers Street is a studio with 2.0 baths and was built in 1926. The property's zip code is 48213 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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5577 Chalmers Street

Multi-Family Home for sale in Detroit, MI

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