9439 Chalmers Street Detroit, MI ^$ 525,000

9439 Chalmers Street

^$ 525,000

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Recently Listed

9439 Chalmers Street

Detroit, MI, 48213

^$ 525,000

Studio Baths8.8 Sq 4,790

Monthly Estimate*

^$ 3,233

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Studio

Multi-Family Home for sale in Detroit, MI

for $525,000 with 8 full baths, 8 half baths. This 4,790 square foot home 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.

Multi-Family Active

Price

^$ 525,000

Bedrooms

Studio

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 6,634

Style

Colonial

Lot Size

0.14

Year Built

1959

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60995634

Features

General

Heating Electric Heat Forced Air

Possession At Close

Water Public Water

Status Active Active

Full Baths 8

Half Baths 8

Bathrooms 16

Year Built 1959

Subdivision Ravendale 2 MI

Style Colonial

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 77000

Ownership Private

Municipality Detroit

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions West of outer drive & North or Harper

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional VA

Legal Description W CHALMERS 702 THRU 700 RAVENDALE SUB 2 L49 P96 PLATS W C R 21/739 60 X 100

DOM 3

Postal Code 48213

Price Per Sq Ft Total AG 109.6

Public Remarks 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

Interior

Basement Block Poured

Fireplace? No

Total Number of Units 8

Fuel Type Electric

Exterior

Exterior Brick

Frontage 100

Lot Size Area 0.14

Lot Dimensions 60X100

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Abrahim Basri

Listing Agent

Brookstone, Realtors Llc

Broker

ABEBASRII@GMAIL.COM

Affordability Calculator

$3,785

Per Month

Monthly Principal & Interest: $3,233
Monthly Property Taxes: $553
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 ^$266,689

Percent of Sale Price 49%

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
5/26/2026	$525,000		Listed Price

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9439 Chalmers Street, Detroit, MI, 48213 is a Multi-Family Home for sale at $525,000 with 4,790 sqft and a lot size of 0.14. 9439 Chalmers Street is a studio with 8.8 baths and was built in 1959. 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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9439 Chalmers Street

Multi-Family Home for sale in Detroit, MI

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