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Jenn Smart

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242 E Palmer , Detroit, MI 48202
$229,500
Est. Payment: $1,195.96/mo
2 Bed
1 Bath
944 Sqft
Status: active | Days on site: 3
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Located in Detroit's historic Art Center neighborhood, this residence offers the kind of character and walkability that continue to make this area one of Midtown's most desirable pockets. Just steps from the Detroit Institute of Arts, College for Creative Studies, Wayne State University, the Detroit Medical Center, cafes, restaurants, and the QLINE, the location places some of the city's best cultural and everyday destinations within easy reach. Set within a classic brick building surrounded by historic architecture, the unit blends original detail with practical modern updates. Rich wood trim, built-in millwork, hardwood floors, and a striking coffered ceiling give the main living space warmth and personality rarely found in newer construction. Large bay windows bring in great natural light and overlook the neighborhood's tree-lined streets and historic homes. The single-level layout offers comfortable, well-connected living spaces. The living room feels open yet inviting, while the kitchen features stone countertops, farmhouse style sink, tile flooring, generous cabinet space, and direct access to a private outdoor deck--an uncommon feature in Midtown condo living and a great extension of the space during warmer months. Additional features include in-unit laundry, dedicated storage, and one detached garage parking space included with the unit. Art Center is known for its mix of historic buildings, cultural institutions, and residential streets that feel connected to the energy of Midtown without being directly in the middle of it. A rare opportunity to own a residence with authentic architectural character in one of Detroit's most established neighborhoods.

Highlights

Listed by Jerome Huez , 313-693-3741 Berkshire Hathaway HomeServices The Loft Warehouse , 313-658-6400. MiRealSource, Inc. mls logo

Property Type

Condo/Townhome

HOA Fee

350 Monthly

Year Built

1920

County

Wayne

Area

Detroit (82001)

Neighborhood

Wayne County Condo Plan No 888 (Lancaster Lofts)

School District

Detroit City School District

Listing ID

61019135

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Dishwasher, Disposal, Range/Oven, Refrigerator
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:944
Other:
  • Additional:Cable/Internet Avail., DSL Available, Call for Pet Restrictions
Water:Public Water

Exterior Features

Others:
  • Additional:Exterior Balcony, Fenced Yard, Porch
Parking Features:Detached Garage
Principal Interest
$1,196
Taxes
$24
HOA
$350

Home Price

$229,500

Loan Details

30 yrs
6.792%

Down Payment

20%
$45,900
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:
$1,195.96

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,195.96 $23.83 $350.00 $1,569.79
Yearly $14,351.48 $286.00 $4,200.00 $18,837.48
Total $430,544.31 $8,580.00 $126,000.00 $565,124.31
Lender profile image
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.

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Data last updated: 2026-09-02T04:57:55.100Z

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