4625 Chalmers Street
Detroit, Michigan 48215
5
Bed
2
Bath
1,500Sqft
0.10Acre(Lot)
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 o
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 5Bathroom Information
Total Baths: 2 Full Baths: 2 -
Room Information
Total Rooms: 7 Porches: Porch - Covered,Porch,CoveredInterior Features
Roof: Asphalt Basement Description: Unfinished -
Heating & Cooling
Heating: Forced Air Heating Fuel: Natural Gas
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Building Information
Year Built: 1950 Building Stories: 1 1/2 Story Roof: Asphalt Foundation/Basement: Basement Architecture: Bungalow -
Exterior Features
Construction: Aluminum,Vinyl -
Utility Features
Sewer: Sewer (Sewer-Sanitary) -
Water
Public (Municipal)
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Lot Information
Lot Size: 0.10 Lot Dimensions: 35X120 Frontage Feet: 35 -
Property Information
SQ ft: 1500 Subdivision: Hagers John A Oneida Park Financing: Cash,Conventional
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Listing Price Information
Original List Price: $125,000 -
Listing Information
Possession: Subject To Tenant Rights 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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Tax Information
Annual Tax: $49 Parcel Number: W21I056005S -
Possession
Subject To Tenant Rights -
Legal Information
Legal Description: Section: W CHALMERS 131 JOHN A HAGERS ONEIDA PARK SUB L33 P82 PLATS, W C R 21/441 35 X 120
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Parking Information
Garage Size: No Garage -
Multi-Unit Information
Road Frontage: Paved
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School Information
School District: Detroit -
Utility Information
Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 463 Lakewood Street , Detroit, MI, 48215 | $285,000 | 3 | 1 | 1,716 | 1,716 SqFt |
| 178 Ashland Street , Detroit, MI, 48215 | $240,000 | 2 | 1.5 | 1,546 | 1,546 SqFt |
| 175 Ashland Street , Detroit, MI, 48215 | $299,999 | 2 | 1.5 | 1,017 | 1,017 SqFt |
| 204 Philip Street , Detroit, MI, 48215 | $129,000 | 5 | 1 | 1,435 | 1,435 SqFt |
| 504 Alter Road, Detroit, MI, 48215 | $119,900 | 3 | 2 | 1,127 | 1,127 SqFt |
| 432 Manistique , Detroit, MI, 48215 | $219,000 | 3 | 1 | 1,323 | 1,323 SqFt |
| 229 Chalmers Street , Detroit, MI, 48215 | $149,900 | 4 | 2 | 113 | 113 SqFt |
| 219 Lakewood Street , Detroit, MI, 48215 | $297,700 | 4 | 1.5 | 2,076 | 2,076 SqFt |
| 388 Lakewood Street , Detroit, MI, 48215 | $239,000 | 4 | 2 | 1,379 | 1,379 SqFt |
| 269 Eastlawn Street , Detroit, MI, 48215 | $175,000 | 4 | 2.5 | 2,022 | 2,022 SqFt |
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ByOwner last updated this listing 07/28/2026 @ 07:59
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