5500 Chalmers St | Image 1

$120,000

Sold

8 months ago

MLS® 20251019871

0 Bed

2 Bath

1951 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1951 sqft
Garage No
Taxes $4,058
Lot Size 0.14 acres
Approx. Age 1951
Avg. Price Per Sqft $61
MLS® Number 20251019871

Property Address: 5500 Chalmers St, Detroit, MI, 48213-3731

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey Investor Gem in Prime Detroit Location! This ranch-style duplex is a cash-flow powerhouse—one unit is currently rented at $900/month, with the second unit ready to lease for the same, bringing total potential income to $1, 800/month. Priced to sell, this low-maintenance property offers strong returns from day one. Both units feature updated interiors, with one already occupied by a reliable tenant. Located on a corner lot, the property has great curb appeal and convenient access to local amenities. Professionally managed for truly passive income. Tenant ledger available upon request. Don’t miss this high-performing investment opportunity!
MLS® Number20251019871
Laundry Level
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageNo
Approx. Age1951
BasementUnfinished
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Price History

Aug 29, 2025End Date
$113,000Sold Price

Sold

Jul 23, 2025List Date
$120,000List Price
  • Commute

Commute

Starting Address
Destination Address
5500 Chalmers St, Detroit, MI

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