Address
4625 Chalmers Street, Detroit, MI
Price
$ 125,000
Property Attributes
- MLS#61015219
- TypeSingle Family
- Listing Status Active
- CountyWAYNE
- CityDetroit
- AreaDetroit
- 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:
MiRealSource (MIRS)
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
| Heating | Forced Air |
|---|---|
| Possession | Subject To Tenant Rights |
| Water | Public Water |
| Status | Active |
| Full Baths | 2 |
| Bathrooms | 2 |
| Year Built | 1950 |
| Subdivision | Hagers John A Oneida Park |
| Style | Bungalow |
| County | Wayne |
| Class | RESIDENTIAL |
| Type | Single Family |
| Ownership | Private |
| Associated Document Count | 1 |
| Status | Active |
| Subdivision | MI |
| Sale/Rent | For Sale |
| Manufactured Y/N | No |
| Structure Style | 1 1/2 Story |
| Subj to Short Sale Apprvl | No |
| Home Warranty Y/N | No |
| Area | Detroit (82001) |
| Primary City | Detroit |
| Directions | Travel South on Chalmers,past E Warren Ave |
| City | Detroit |
| School District | Detroit City School District |
| Lease Y/N | Yes |
| Originating MLS | RealComp |
| Source MLS | MI Real Source |
| Financial Terms | Cash,Conventional |
| Legal Description | W CHALMERS 131 JOHN A HAGERS ONEIDA PARK SUB L33 P82 PLATS,W C R 21/441 35 X 120 |
| DOM | 52 |
| Postal Code | 48215 |
| Price Per Sq Ft Total AG | 83.33 |
| Public Remarks | This renovated 5-bedroom,2-bath bungalow is currently tenant occupied with a lease generating $1,500 per month ($18,000 annually) |
Interior Features
| Basement | Unfinished |
|---|---|
| Bedroom 3 Level | Entry |
| Bedroom 1 Level | Second |
| Bedroom 2 Level | Second |
| Bedroom 4 Width | 9 |
| Bedroom 2 Width | 11 |
| Bedroom 3 Width | 11 |
| Bedroom 4 Length | 10 |
| Bedroom 2 Length | 13 |
| Bedroom 3 Length | 12 |
| Bedroom 5 Length | 11 |
| Beds | 5 |
| Fireplace? | No |
| Total Rooms | 7 |
| Bedroom 5 Width | 11 |
| Bedroom 1 Length | 10 |
| Bedroom 1 Width | 9 |
| Below Grade SqFt | 1000 |
| Above Grade SqFt | 1500 |
| Basement Y/N | Yes |
| Total SqFt Finished | 1500 |
Exterior Features
| Exterior | Aluminum,Vinyl Siding |
|---|---|
| Exterior Amenities | Porch |
| Frontage | 35 |
| Lot Size Area | 0.1 |
| Pool (Y/N) | No |
| Lot Dimensions | 35X120 |
| Roads | Paved Street |
| FOUNDATION TYPE | Basement |
| Waterfront Y/N | No |
| Garage 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
Property vs Single Family Average in 48215
Price
Taxes
Year Built
Visits
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
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
