The MJA CompanyNational Realty Centers (248) 780-8944
4625 Chalmers Street, Detroit, MI 482154625 Chalmers Street, Detroit, MI 48215 photo 24625 Chalmers Street, Detroit, MI 48215 photo 3
$125,000 For sale

4625 Chalmers Street

Detroit, MI 48215

5beds
2baths
1,500sqft
0.1acres
1950built
$83per sqft
65days listed

Single Family Residence · MLS # 20261056866 · Listing courtesy of EXP Realty Main

About this home

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.

Interior

Bedrooms5
Full baths2
Half baths0
Living area1,500 sqft
BasementUnfinished
LevelsOne And One Half

Systems and utilities

HeatingForced Air, Natural Gas
WaterPublic
SewerPublic Sewer

Exterior and lot

StyleBungalow
Year built1950
Year remodeled2023
ConstructionAluminum Siding, Vinyl Siding
RoofAsphalt
FoundationBasement, Brick Mortar
Garage spaces0
ParkingNo Garage
Lot size0.1 acres
Lot dimensions35X120
Patio and porchCovered, Porch
PoolNone

Taxes, HOA and more

Annual taxes$49
Summer taxes$30
Winter taxes$19
SubdivisionHAGERS JOHN A ONEIDA PARK
MunicipalityDetroit
CountyWayne
PossessionSubject To Tenant Rights
Sale termsCash, Conventional
Special conditionsShort Sale No, Standard

Schools

School districtDetroit

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 Sep 30, 2026, 7:50 PM.

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