Listed By:
EXP Realty Main - 8885017085
Address
4625 Chalmers Street, Detroit, MI
Price
$ 125,000
Property Attributes
  • ID#20261056866
  • TypeSingle Family
  • Listing Status Active
  • CountyWAYNE
  • CityDetroit
  • AreaDet Con Mors Grat Hstn7 Mack
  • NeighborhoodHAGERS JOHN A ONEIDA PARK
  • Zip48215
  • StyleBungalow
  • Year Built1950
  • Taxes$ 49
  • Price$ 125,000
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1500
  • Lot Size0.1 Acres
Data Source:
RealComp
Property Description

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.

Price History
7/27/2026 Listed $125,000

General Features

Sewer PublicSewer
Heating ForcedAir, NaturalGas
Possession SubjectToTenantRights
Roof Asphalt
Garage Spaces 0.0
Patio/Porch Features Covered, Porch
Architectural Style Bungalow
Pool Features None
Construction Materials AluminumSiding, VinylSiding
Year Built 1950
Levels OneAndOneHalf
Property Subtype SingleFamilyResidence
County Wayne
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name HAGERS JOHN A ONEIDA PARK
Garage Y/N No
Total Rooms 5
Full Baths 2
Status Active
Directions Travel South on Chalmers, past E Warren Ave
City DetroitCity_Wayne
Disclosures TaxesNotHomesteadExempt
Entry Location GroundLevelwSteps
Senior Community Y/N No
High School District Detroit
MLS Area Area05055DetConMorsGratHstn7Mack
Lot Size Units Acres
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 49.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 412
Expected Active Date 2026-07-27
MobileHomeRemainsYN No
PostalCity Detroit_Wayne
Legal Description W CHALMERS 131 JOHN A HAGERS ONEIDA PARK SUB L33 P82 PLATS, W C R 21/441 35 X 120

Interior Features

Basement Unfinished
Basement (Y/N) Yes
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 1500.0
Total Bedrooms 5
LivingAreaSource PriorListing
Above Grade Finished Area Unit Type SquareFeet
Total Baths 2

Exterior Features

Parking Features NoGarage
Water Source Public
Foundation Details Basement, BrickMortar
Spa No
Lot Dimensions 35X120
Lot Size Acres 0.1
Waterfront Y/N No
Road Frontage Type Paved
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via REMAX Team 2000 and The Originating MLS(found above), © 2026 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is 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.

Data is updated as of September 18, 2026 4:54 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Single Family Average in 48215

Price
AVG $160K
$130K
Taxes
AVG $2,017
$49
Year Built
AVG 1939
1950
Visits
AVG 52
68
Data Provided by Inside Real Estate®