The MJA CompanyNational Realty Centers (248) 780-8944
205 Railroad Street, Chelsea, MI 48118205 Railroad Street, Chelsea, MI 48118 photo 2205 Railroad Street, Chelsea, MI 48118 photo 3205 Railroad Street, Chelsea, MI 48118 photo 4205 Railroad Street, Chelsea, MI 48118 photo 5
$199,900 Under contract

205 Railroad Street

Chelsea, MI 48118

3beds
1.5baths
1,176sqft
0.25acres
1900built
$170per sqft
3days listed

Single Family Residence · MLS # 81026057730 · Listing courtesy of The Charles Reinhart Company

About this home

Fantastic Investment Opportunity in Historic Downtown Chelsea! Don't miss this exciting opportunity to own a home full of character and potential for under $200,000 in the heart of historic Chelsea! Located in the award-winning Chelsea School District, this turn-of-the-century home offers an incredible opportunity for investors, renovators, or buyers looking to build equity and make a home their own. Featuring 1,176 square feet above grade, 3 spacious bedrooms, and 1.5 bathrooms, this property offers a solid foundation for your vision. Enjoy the charm of hardwood flooring throughout much of the first floor, classic oak kitchen cabinetry, and an inviting front porch overlooking historic Chelsea. Situated on a generous quarter-acre lot, the property also features a backyard garden area, a detached one-car garage, and a full basement offering additional storage and potential. A modern electrical panel is already in place, providing a valuable starting point for future improvements.Whether you're looking to renovate and resell, add a property to your investment portfolio, or create a charming home with built-in equity potential, this property presents an opportunity to unlock value in a desirable community. Affordable entry price. Historic charm. Room to add value. Bring your ideas and imagination to make this Chelsea property shine! The home is being sold as is. All appliances are included. Don't miss your chance to explore the possibilities in a sought-after location close to downtown Chelsea shopping, dining, and community amenities. This is an "AS-IS" sale and no repairs will be made.

Interior

Bedrooms3
Full baths1
Half baths1
Living area1,176 sqft
FlooringCarpet, Vinyl, Wood
AppliancesCooktop, Oven, Refrigerator
LaundryIn Basement
Stories2

Systems and utilities

HeatingNatural Gas, Other Heating Source
WaterPublic
SewerPublic Sewer, Storm Drain
UtilitiesNatural Gas Connected, Phone Available, Phone Connected

Exterior and lot

StyleFarmhouse
Year built1900
ConstructionOther
RoofAsphalt, Shingle
FoundationMichigan Basement
Garage spaces1
ParkingDetached
Lot size0.25 acres
Lot dimensions87 x 124x 87x 124
Lot featuresCorner Lot
Patio and porchPorch

Taxes, HOA and more

Annual taxes$3,236
Summer taxes$3,236
MunicipalityChelsea
CountyWashtenaw
PossessionClose Of Escrow
Sale termsCash, Conventional

Schools

School districtChelsea

How it compares in Chelsea

Over the last 90 days, 42 homes sold in Chelsea for a median of $425,000, about $213 per square foot, and the typical one went under contract in 11 days. This home is listed at $199,900, or $170 per square foot, 20% below the city median, and has been on the market 3 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Chelsea sales or ask us for the comparable sales on this one.

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes when listed. Ask us for a lender quote.

Location

IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively 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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Nov 14, 2026, 7:39 PM.

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