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5577 Chalmers Street Detroit, MI $ 209,900
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$ 209,900 Get more info
5577 Chalmers Street
$ 209,900
Back to search
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5577 Chalmers Street

Detroit, MI, 48213
$ 209,900
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.

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Multi-Family Coming Soon

Price

$ 209,900

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,829

Style

Upper Lower Apartment

Lot Size

0.14

Year Built

1926

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261004690
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Patio/Porch Features Covered Porch
Architectural Style UpperLowerApartment
Pool Features None
Construction Materials Brick WoodSiding
Pets Allowed No
Year Built 1926
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 21900.0
Operating Expense 4500.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name SEFTON PARK SUB
Garage Y/N N
Full Baths 2
Status Coming Soon
Directions Heading E On Outer Drive Right On Chalmers. 4th Home On Your Right.
City DetroitCity_Wayne
Disclosures NoRestrictions ProjectedIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description Residential
Number Of Units Total 2
MLS Area Area05055DetConMorsGratHstn7Mack
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 1829.0
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 ComingSoon
Occupancy Type Vacant
Tax Assessed Value 21300
Expected Active Date 2026-01-27
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
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Interior
Basement Common Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1750.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Water Source Public
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 40X151
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 5577
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* Excluded Features
List By
James A Haidar

Listing Agent

Re/Max First

Broker

(586) 285-5555

Phone

Affordability Calculator

$1,445
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,292
Monthly Property Taxes
$152
Monthly 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
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
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

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