1550 Cherboneau Place 221
Detroit, MI, 48207
$37,400
1 Beds
1 Baths
63,192 SqFt
3.02 Acres
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$37,400
1550 Cherboneau Place 221
Detroit, MI, 48207
MLS #26024085 image #0
In the heart of Historic Lafayette Park! Spacious first-floor 1-bedroom co-op is full of potential and priced for someone ready to bring their vision to life. With a little updating and modern touches, this could become an incredible downtown retreat with unbeatable value.

Enjoy generous storage and an unbeatable location just moments from some of Detroit’s most loved destinations, including the Dequindre Cut, Eastern Market, the Riverwalk, major sports venues, dining, nightlife, and entertainment.

Residents of Cherboneau Place enjoy a welcoming community atmosphere with impressive amenities including gated parking, beautifully maintained grounds, a community room, library, on-site laundry, exercise room, workshop space, private secure storage, and elevator access for added convenience.

The monthly HOA ($720) provides exceptional value by covering property taxes, water, heat, trash service, building maintenance, and A/C maintenance. Assoc. contact: marcusmgt@aol.com / 248.553.47 Opportunity knocks in the heart of Historic Lafayette Park! This spacious first-floor 2-bedroom co-op is full of potential and priced for someone ready to bring their vision to life. With a little updating, fresh flooring and modern touches, this could become an incredible downtown retreat with unbeatable value.

Enjoy generous storage and an unbeatable location just moments from some of Detroit’s most loved destinations, including the Dequindre Cut, Eastern Market, the Riverwalk, major sports venues, dining, nightlife, and entertainment.

Residents of Cherboneau Place enjoy a welcoming community atmosphere with impressive amenities including gated parking, beautifully maintained grounds, a community room, library, on-site laundry, exercise room, workshop space, private secure storage, and elevator access for added convenience.

The monthly HOA provides exceptional value by covering property taxes, water, heat, trash service, building maintenance, and A/C maintenance, making everyday living both simple and affordable.

Co-op board approval is required. Cash purchase only. Owner-occupied residents only.

Property Details

Price:
$37,400
MLS #:
26024085
Status:
Active
Beds:
1
Baths:
1
Type:
Single Family
Subtype:
Stock Cooperative
Listed Date:
May 22, 2026
Finished Sq Ft:
63,192
Total Sq Ft:
763
Lot Size:
131,551 sqft / 3.02 acres (approx)
Year Built:
1963
DetroitChrysler Elementary SchoolBunker Elementary SchoolMartin Luther King Jr. Senior High School

Schools

School District:
Detroit
Elementary School:
Chrysler Elementary School
Middle School:
Bunker Elementary School
High School:
Martin Luther King Jr. Senior High School

Interior

Appliances
Disposal, Microwave, Range
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Carpet, Laminate
Heating
Baseboard
Interior Features
Ceiling Fan(s), Elevator, Pantry
Laundry Features
In Basement, Laundry Room, Sink

Exterior

Architectural Style
Mid-Century Modern, Ranch
Association Amenities
Laundry, Library, Storage
Construction Materials
Brick
Security Features
Smoke Detector(s)
Stories
2
Window Features
Insulated Windows

Financial

HOA Fee
$720
HOA Fee Frequency
Monthly
HOA Includes
Water, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat
Tax Year
2025
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Current real estate data for Single Family in Detroit as of Jun 22, 2026
3,932
Single Family Listed
139
Avg DOM
85
Avg $ / SqFt
$152,656
Avg List Price

Community

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Property Summary

    1550 Cherboneau Place 221 Detroit MI is a Single Family for sale in Detroit, MI, 48207. It is listed for $37,400 and features 1 beds, 1 baths, and has approximately 63,192 square feet of living space, and was originally constructed in 1963. The current price per square foot is $1. The average price per square foot for Single Family listings in Detroit is $85. The average listing price for Single Family in Detroit is $152,656.
1550 Cherboneau Place 221
Detroit, MI

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