4625 Chalmers Street Detroit, MI $ 125,000
4625 Chalmers Street
$ 125,000
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4625 Chalmers Street

Detroit, MI, 48215
$ 125,000
Bedrooms5 Baths2.0 Sq 1,500

Monthly Estimate*

$ 789

4625 Chalmers Street, Detroit, MI 48215 - Image 1
4625 Chalmers Street, Detroit, MI 48215 - Image 2
4625 Chalmers Street, Detroit, MI 48215 - Image 3

Single Family Home for sale in Detroit, MI

for $125,000 with 5 bedrooms and 2 full baths. This 1,500 square foot home was built in 1950 on a lot size of 0.1.

This renovated 5-bedroom, 2-bath bungalow is currently tenant occupied with a lease generating $1,500 per month ($18,000 annually), providing immediate rental income from day one. The property was acquired in 2023 and extensively renovated prior to tenant occupancy, offering a low-maintenance investment with strong long-term appreciation potential. Featuring approximately 1,500 square feet of living space, a functional floor plan, and established rental history, this property is an excellent addition to any investor's portfolio. Photos taken prior to tenant occupancy are available upon verification of proof of funds. Tenant occupied--please do not approach or disturb the tenant. Showings are reserved for parties with an accepted offer only. This property is one of 20 investment properties offered individually or as part of a portfolio acquisition. Sellers are willing to complete the portfolio transaction through an entity sale, providing a streamlined acquisition process and potential tax and operational advantages. Buyers are encouraged to consult with their legal and tax advisors regarding the benefits of an entity acquisition. Buyer and Buyer's Agent to verify all information.

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Single Family Active

Price

$ 125,000

Bedrooms

5

Full Bath

2

Property Type

Single Family

Taxes

$ 49

Style

Bungalow

Lot Size

0.1

Year Built

1950

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61015219

Features
General
Heating Forced Air
Possession Subject To Tenant Rights
Water Public Water
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1950
Subdivision Hagers John A Oneida Park MI
Style Bungalow
County Wayne
Class RESIDENTIAL
Type Single Family
Ownership Private
Municipality Detroit
Sale/Rent For Sale
Status Detail 0
Structure Style 1 1/2 Story
Area Detroit (82001)
Primary City Detroit
Directions Travel South on Chalmers past E Warren Ave
City Detroit
School District Detroit City School District
Financial Terms Cash Conventional
Legal Description W CHALMERS 131 JOHN A HAGERS ONEIDA PARK SUB L33 P82 PLATS W C R 21/441 35 X 120
DOM 1
Postal Code 48215
Price Per Sq Ft Total AG 83.33
Public Remarks This renovated 5-bedroom 2-bath bungalow is currently tenant occupied with a lease generating $1 500 per month ($18 000 annually)
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Interior
Basement Unfinished
Bedroom 3 Level Entry
Bedroom 1 Level Second
Bedroom 2 Level Second
Beds 5
Fireplace? No
Total Rooms 7
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Exterior
Exterior Aluminum Vinyl Siding
Exterior Amenities Porch
Frontage 35
Lot Size Area 0.1
Pool (Y/N) No
Lot Dimensions 35X120
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Jay Naim

Listing Agent

Exp Realty Main

Broker

jaynaimrealtor@gmail.com

Email

Affordability Calculator

$793
Per Month
99%
1%
0%
Monthly Principal & Interest
$789
Monthly Property Taxes
$4
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/27/2026$125,000 Listed Price

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4625 Chalmers Street, Detroit, MI, 48215 is a Single Family Home for sale at $125,000 with 1,500 sqft and a lot size of 0.1. 4625 Chalmers Street has 5 bedrooms, 2.0 baths, and was built in 1950. The property's zip code is 48215 which is in Detroit, MI