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9439 Chalmers Street Detroit, MI $ 525,000
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$ 525,000 Get more info
9439 Chalmers Street
$ 525,000
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9439 Chalmers Street

Detroit, MI, 48213
$ 525,000
Bedrooms-- Baths-- Sq 4,790

Monthly Estimate*

$ 3,233

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9439 Chalmers Street, Detroit, MI 48213 - Image 14

Commercial Property for sale in Detroit, MI

for $525,000. This 4,790 square foot building was built in 1959 on a lot size of 0.14.

Turnkey 8-unit in historic Jefferson Chalmers. All units are 1-bed, 1-bath w/ expansive layouts & natural light. 100% occupancy, immediate cash flow. The building is currently occupied by safe, long-term, and reliable tenants who treat the property with care, ensuring immediate and stable cash flow for an investor. Tenants pay own electric (individually metered). An added amenity rarely found in this area: dedicated storage units are available on-site, providing extra convenience for tenants and a potential ancillary income stream. With its brick exterior, partial basement, and prime location just minutes from the Detroit River, Grosse Pointe, and downtown, this is a true turnkey investment.

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Commercial Active

Price

$ 525,000

Property Type

Commercial

Taxes

$ 6,634

Style

RealEstateOnly

Lot Size

0.14

Year Built

1959

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261035580
Features
General
Sewer PublicSewer
Heating Electric ForcedAir
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1959
Levels Two
Property Subtype RealEstateOnly
Current Use MultiFamily
Business Type Apartments Residential
County Wayne
Net Operating Income 77000.0
Operating Expense 1000.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name RAVENDALE 2
Garage Y/N N
Status Active
Directions West of outer drive & North or Harper
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description MultiFamily Residential
Number Of Units Total 8
MLS Area Area05055DetConMorsGratHstn7Mack
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 8
Land Lease Y/N N
Tax Annual Amount 6634.0
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 30328
Expected Active Date 2026-05-17
Legal Description W CHALMERS 702 THRU 700 RAVENDALE SUB 2 L49 P96 PLATS W C R 21/739 60 X 100
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Exterior
Water Source Public
Foundation Details Basement Block Poured
Spa N
Building Area Total 4790.0
Lot Dimensions 60X100
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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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 4790.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 9439
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* Excluded Features
List By
Abrahim Basri

Listing Agent

Brookstone, Realtors Llc

Broker

(313) 949-9700

Phone

Affordability Calculator

$3,785
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,233
Monthly Property Taxes
$553
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
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Pricing History
DatePricePrice ChangeDescription
5/17/2026$525,000 Listed Price

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9439 Chalmers Street, Detroit, MI, 48213 is a Commercial Property for sale at $525,000 with 4,790 sqft and a lot size of 0.14. 9439 Chalmers Street was built in 1959. The property's zip code is 48213 which is in Detroit, MI

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