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Jenn Smart

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563 Chalmers , Detroit, MI 48215
$150,000
Est. Payment: $781.67/mo
4 Bed
2 Bath
2658 Sqft
Status: pending | Days on site: 12
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Investor opportunity in the highly sought-after Jefferson Chalmers neighborhood! This 4-bedroom, 1.5-bath Craftsman-style bungalow offers an exceptional value-add opportunity with a strong existing footprint, solid foundation, and timeless architectural character ready to be brought back to life. Featuring a spacious layout and classic design elements, this property is a prime candidate for a full renovation, allowing investors or end users to unlock significant upside potential. Located in one of Detroit's most vibrant and revitalizing waterfront communities, the home is surrounded by ongoing development, increasing property values, and strong buyer demand. With the right vision and execution, this property can be transformed into a standout residence or high-performing resale. This home is next to two vacant lots that may be able to be purchased from Detroit Land Bank.

Highlights

Listed by Evan DeCiantis , 248-953-5600 REALTEAM Real Estate , 586-580-8092. MiRealSource, Inc. mls logo

Property Type

Residential

Lot/Acreage
0.13

Year Built

1917

County

Wayne

Area

Detroit (82001)

Neighborhood

Marshland Blvd Sub

School District

Detroit City School District

Listing ID

60984481

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:1
  • 1/2 Bathrooms:1
Above Ground Sq Ft:2658
Basement:Unfinished
Water:Public Water

Exterior Features

Lot Dimensions:40X140.02
Others:
  • Additional:Fenced Yard, Porch
Principal Interest
$782
Taxes
$85

Home Price

$150,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$30,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$781.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $781.67 $84.92 $0.00 $866.59
Yearly $9,380.05 $1,019.00 $0.00 $10,399.05
Total $281,401.51 $30,570.00 $0.00 $311,971.51
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

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Data last updated: 2026-09-02T03:11:55.100Z

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