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5232 Chalmers Street

Detroit, MI 48213

– beds
2 baths
2,100 sqft
6,098 sqft lot
$59 per sqft
1941 build
– on site

Excellent investment opportunity! This well-maintained property features 2 spacious units and strong rental income potential. Located in a prime area near schools, shopping, and transit, it’s perfect for seasoned or first-time investors. Low maintenance and tenant ready Lower unit occupied, tenant paying $900 Potential gross rental income of $1,800 per month. A 17.29% yield! Freshly painted, new carpet and new vinyl flooring.

Listing courtesy of REALCOMP / Rondo Investment LLC

Last checked: Checking… • Last updated Dec 18, 2024 •

MLS# 20240091218 —

The Building

Year Built:

1941
New Construction:

false
Construction Materials:

Brick
Architectural Style:

Duplex
Levels:

Two
Basement:

Unfinished
Basement:

true
Foundation Details:

Basement, Poured
Above Grade Finished Area:

2100.0
Below Grade Total Area:

1026

Interior

Fireplace:

false

Room Dimensions

Living Area:

2100.0
Living Area Source:

PublicRecords

Location

Directions:

S of Chandler / E of Warren
Cross Street:

S of Chandler / E of Warren

The Property

Parcel Number:

W21I055422S
Property Type:

ResidentialIncome
Property Sub Type:

MultiFamily
Lot Size Acres:

0.14
Lot Size Area:

0.14
Lot Size Dimensions:

40.00 x 150.00
Lot Size Units:

Acres
Zoning Description:

Multi-Family
Road Frontage Type:

Paved

Listing Agent

Contact info:

Taxes

Tax Legal Description:

E CHALMERS 98 SEFTON PARK SUB L38 P86 PLATS, W C R 21/478 40 X 150
Tax Assessed Value:

12529
Tax Annual Amount:

1406.0

Baths

Bathrooms Total:

2
Bathrooms Full:

2

Heating & Cooling

Heating:

ForcedAir, HotWater, NaturalGas
Heating:

true
Cooling:

false

Utilities

Sewer:

SewerAtStreet
Water Source:

WateratStreet

Schools

High School District:

Detroit

The Community

Subdivision Name:

SEFTON PARK SUB
Senior Community:

false
Pool Features:

None
Waterfront:

false
Pets Allowed:

Yes

Parking

Garage:

true
Garage Spaces:

1.0
Attached Garage:

false
Parking Total:

1.0
Parking Features:

OneCarGarage

Rondo Investment LLC

Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
12/9/24 Dec 9, 2024	Listed / Active	REALCOMP	$124,900	304.4% (41.7% / YR)
8/23/17 Aug 23, 2017		REALCOMP	$30,888

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This multifamily located in Mack, Detroit, MI 48213 is currently for sale for $124,900. 5232 Chalmers Street is a 2,100 square foot multifamily with – beds and 2 baths that has been on Estately for 8 days. 5232 Chalmers Street is in the Mack neighborhood of Detroit and has a WalkScore® of 59, making it somewhat walkable. This multifamily is in the attendance area of Detroit School Of Arts, Carstens Academy Of Aquatic Science At Remus, Ludington Magnet Middle School, Foreign Language Immersion And Cultural Studies, Spain Elementary-Middle School, Clippert Academy, Cass Technical High School, Edward 'Duke' Ellington Conservatory Of Music & Art At Beckham Academy, Bates Academy, and Frederick Douglass Academy For Young Men.

Rondo Investment LLC

Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.