$125,000
4625 Chalmers Street
Detroit, MI, 48215
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 offered individually or as part of a portfolio acquisition. Sellers are willing to complete the portfolio transaction through an entity sale, providing a streamlined acquisition process and potential tax and operational advantages. Buyers are encouraged to consult with their legal and tax advisors regarding the benefits of an entity acquisition. Buyer and Buyer’s Agent to verify all information.
Property Details
Price:
$125,000
MLS #:
20261056866
Status:
Active
Beds:
5
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Listed Date:
Jul 27, 2026
Finished Sq Ft:
1,500
Total Sq Ft:
1,500
Lot Size:
4,356 sqft / 0.10 acres (approx)
Year Built:
1950
Schools
School District:
Detroit
Interior
Bathrooms
2 Full Bathrooms
Heating
Forced Air
Exterior
Construction Materials
Aluminum Siding, Vinyl Siding
Exterior Features
Porch(es)
Roof
Asphalt
Stories
2
Financial
Taxes
$49
Mortgage Calculator
Map
Current real estate data for Single Family in Detroit as of Aug 11, 2026
3,926
Single Family Listed
134
Avg DOM
83
Avg $ / SqFt
$147,864
Avg List Price
Community
- Address4625 Chalmers Street Detroit MI
- CityDetroit
- CountyWayne
- Zip Code48215
Subdivisions in Detroit
- A W Chase Lincoln Highway Sub.
- ARDENWOOD
- ARTHUR J SCULLYS VOGT FARM NO 1
- Authur J Scullys Vogt Farms Sub
- B E TAYLORS SOUTHLAWN SUB NO 3 PLATS
- BERNART & FISCHERS SUB
- Berry Park
- BONAPARTE PARK PLATS
- Boston Blvd
- Boston Edison
- Boston-Edison
- CENTER TOWN AND CARRIAGE HOMES NORTH
- COLLEGE VIEW
- COOPERS LEIGH G CADIEUX SEVEN
- DET ROYAL GARDENS PLATS
- Detroit City
- Detroit Golf
- DORANS LA SALLE BLVD ANNEX PLATS
- EAST DETROIT DEVELOPMENT COS NO 1
- Eastern Heights Land Companys Sub 1
- Eastern Heights Land Cos Sub
- EDISON HEIGHTS
- Elmwood Park Urban Renewal Plat 1
- EMERSON MANOR PLATS
- ENGEL CHARLES NO 1
- FRISCHKORNS ESTATES PLATS
- Frischkorns Grand Dale 5
- GEO G EPSTEANS SEVEN MILE BLVD SUB PLATS
- GEO W RENCHARDS COLLEGEDALE SUB PLATS
- Graceland Subdivision
- GRAND PARK PLATS
- Grandmont
- Greenwich Park 1
- GREENWICH PARK SUB
- Grosse Pointe City
- Grosse Pointe Farms City
- Groveland
- Hamtramck City
- Harrah & Sosnowskis Hamtramck
- HENDRIES
- Highland Park City
- HITCHMANS LITTLE FARMS
- Howell-Mack Euclid Ave Sub
- Lahser Ave Super
- LEBOTS
- LINWOOD PARK SUB PLATS
- Log Cabin Heights subdivision
- Lothrop Est Co Ltd Lots 135 thru 184
- Lyndale Sub
- Marygrove Drive
- Mc Laughlin Bros
- MONNIER HEIGHTS THOS W WARDS
- Northville City
- Palmer Blvd Estates
- Parkers Resub
- Pingree Park
- PLUMERS SUB PLATS
- Plymouth
- Rosedale Park
- ROSEDALE PARK PLATS
- Rosedale Park Sub No. 9
- Roseland Park
- Rosemary Seven Mile Dr Plats
- Rouge Park Sub
- Russell Woods
- Russell Woods Subdivision
- Shorepointe Village
- Skrzycki Konczal
- Southfield gate
- SOUTHFIELD WOODS PLATS
- St Peter & Paul Sub 1
- SUNBEAM HEIGHTS
- Sunset Manor
- The Partner Land Subdivision
- The Partners Land Subdivision
- Voigt Park Sub
- WARRENDALE PARKSIDE PLATS
- Wayne City
- WAYNE CTY CONDO 435CAMPAU FARMS IN ELMWOOD PARK
Similar Listings Nearby
Property Summary
- 4625 Chalmers Street Detroit MI is a Single Family for sale in Detroit, MI, 48215. It is listed for $125,000 and features 5 beds, 2 baths, and has approximately 1,500 square feet of living space, and was originally constructed in 1950. The current price per square foot is $83. The average price per square foot for Single Family listings in Detroit is $83. The average listing price for Single Family in Detroit is $147,864.

4625 Chalmers Street
Detroit, MI

