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

20261056866

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession SubjectToTenantRights
Roof Asphalt
Garage Spaces 0.0
Patio/Porch Features Covered Porch
Architectural Style Bungalow
Pool Features None
Construction Materials AluminumSiding VinylSiding
Year Built 1950
Levels OneAndOneHalf
Property Subtype SingleFamilyResidence
County Wayne
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name HAGERS JOHN A ONEIDA PARK
Garage Y/N N
Total Rooms 5
Full Baths 2
Status Active
Directions Travel South on Chalmers past E Warren Ave
City DetroitCity_Wayne
Disclosures TaxesNotHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N N
High School District Detroit
MLS Area Area05055DetConMorsGratHstn7Mack
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 49.0
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 412
Expected Active Date 2026-07-27
Legal Description W CHALMERS 131 JOHN A HAGERS ONEIDA PARK SUB L33 P82 PLATS W C R 21/441 35 X 120
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Interior
Basement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1500.0
Half Baths 0
Total Bedrooms 5
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2
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Exterior
Parking Features NoGarage
Water Source Public
Foundation Details Basement BrickMortar
Spa N
Lot Dimensions 35X120
Lot Size Acres 0.1
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 4625
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* Excluded Features
List By
Jay Naim

Listing Agent

Exp Realty Main

Broker

(313) 571-6581

Phone

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
848539 Elementary School
848135 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