The MJA CompanyNational Realty Centers (248) 780-8944
242 E PALMER Street, Detroit, MI 48202242 E PALMER Street, Detroit, MI 48202 photo 2242 E PALMER Street, Detroit, MI 48202 photo 3242 E PALMER Street, Detroit, MI 48202 photo 4242 E PALMER Street, Detroit, MI 48202 photo 5
$224,500 For sale

242 E PALMER Street

Detroit, MI 48202

2beds
1baths
944sqft
1920built
$238per sqft
54days listed

Condominium · MLS # 20261062453 · Listing courtesy of Berkshire Hathaway HomeServices The Loft Warehouse

About this home

Located in Detroit’s historic Art Center neighborhood, this residence offers the kind of character and walkability that continue to make this area one of Midtown’s most desirable pockets. Just steps from the Detroit Institute of Arts, College for Creative Studies, Wayne State University, the Detroit Medical Center, cafes, restaurants, and the QLINE, the location places some of the city’s best cultural and everyday destinations within easy reach. Set within a classic brick building surrounded by historic architecture, the unit blends original detail with practical modern updates. Rich wood trim, built-in millwork, hardwood floors, and a striking coffered ceiling give the main living space warmth and personality rarely found in newer construction. Large bay windows bring in great natural light and overlook the neighborhood’s tree-lined streets and historic homes. The single-level layout offers comfortable, well-connected living spaces. The living room feels open yet inviting, while the kitchen features stone countertops, farmhouse style sink, tile flooring, generous cabinet space, and direct access to a private outdoor deck—an uncommon feature in Midtown condo living and a great extension of the space during warmer months. Additional features include in-unit laundry, dedicated storage, and one detached garage parking space included with the unit. Art Center is known for its mix of historic buildings, cultural institutions, and residential streets that feel connected to the energy of Midtown without being directly in the middle of it. A rare opportunity to own a residence with authentic architectural character in one of Detroit’s most established neighborhoods.

Interior

Bedrooms2
Full baths1
Half baths0
Living area944 sqft
AppliancesBuilt In Electric Oven, Dishwasher, Disposal, Free Standing Electric Range, Free Standing Refrigerator, Stainless Steel Appliances, Washer Dryer Stacked
Interior featuresHigh Speed Internet
LevelsOne

Systems and utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
Water heaterNatural Gas
WaterPublic
SewerPublic Sewer
UtilitiesCable Available

Exterior and lot

StyleHistoric
Year built1920
ConstructionBrick
RoofOther
FoundationBrick Mortar, Slab
Garage spaces1
ParkingOne Car Garage, Detached
Patio and porchCovered, Porch
FencingFenced
Exterior featuresBalcony, Lighting
PoolNone

Taxes, HOA and more

Annual taxes$286
Summer taxes$254
Winter taxes$32
HOA fee$350 monthly
HOA includesMaintenance Grounds, Maintenance Structure, Snow Removal, Trash, Water
CommunitySidewalks
SubdivisionWAYNE COUNTY CONDO PLAN NO 888 (LANCASTER LOFTS)
MunicipalityDetroit
CountyWayne
PossessionAt Close
Sale termsCash, Conventional, FHA, Warranty Deed
Special conditionsShort Sale No, Standard

Schools

School districtDetroit

Monthly payment estimate

Estimate only, 30 year fixed, includes taxes and HOA 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 Sep 30, 2026, 9:10 PM.

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