Sold
1550 Cherboneau Place, 115, Detroit, MI 48207
Sold on 02/20/2026 for$62,500
MLS # 20251032750 (Realcomp)
2 beds1 bath900 sqftBuilt 1963
1 / 32
Listing Description
Historic Lafayette Park. Turn-key two bedroom co-op apartment. Unit features include central AC, Kitchen with vintage steel cabinets & hardwood floors throughout. There are abundant closets + additional private storage in the basement. Co-op features include gated parking, exercise room, workshop, library/lounge, laundry room, community room (also available for rent), elevator. Financially strong and well-maintained co-op is 100 % owner-occupied and does not allow financing, investors or pets. Co-op approval required to purchase. HOA is $720.00/mo and INCLUDES REAL ESTATE TAXES, heat, water, trash, unit AC maintenance & building maintenance/insurance. Cherboneau Place Cooperative is located in Lafayette Park, a National Historic Landmark District which includes the largest collection of residential buildings designed by Mies van der Rohe. Walk to Eastern Market, Dequindre Cut Greenway, Greektown, Riverwalk and all Downtown sporting venues!
Source: SparkMLS
About this home
This 2-bedroom, 1-bath, 900 sq ft home built in 1963 sits in Lower East Central in Detroit.
Closed at $62,500 (about $69/sq ft).
Broadband is available with download speeds up to 2,000 Mbps from 8 providers. Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms1
Living Area900 sqft
Year Built1963
Stories1
Location
CityDetroit
Zip Code48207
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementCrawl Space
HeatingBaseboard
WaterPublic
SewerPublic
Sale & Financing
Listed9/1/2025
Sold Date2/19/2026
Original Price$69,900
Terms AcceptedCash
HOA
HOA Fee$743 / Monthly
Source: SparkMLS
Tax Information
Annual Tax$0
Source: SparkMLS
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLHistoric District: Lafayette Park/Mies van der Rohe Historic District
Exterior changes may require Historic District Commission (HDC) approval
Source: Detroit Historic District CommissionUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Isaac Oserin
O'Connor Realty Detroit, LLC
Frequently Asked Questions about 1550 Cherboneau Place, 115, Detroit, MI 48207
What school district is 1550 Cherboneau Place, 115, Detroit, MI 48207 in?
Per MLS# 20251032750, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What financing options are available for 1550 Cherboneau Place, 115, Detroit, MI 48207?
Per MLS# 20251032750, the seller has indicated this property accepts the following financing types: Cash. Financing acceptance is subject to change — confirm with the listing agent.
Is 1550 Cherboneau Place, 115, Detroit, MI 48207 eligible for USDA financing?
Per USDA Rural Development boundary data, 1550 Cherboneau Place, 115, Detroit, MI 48207 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 1550 Cherboneau Place, 115, Detroit, MI 48207 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is this property in a historic district?
Per local historic district records, 1550 Cherboneau Place, 115, Detroit, MI 48207 is located within the Lafayette Park/Mies van der Rohe Historic District. Properties in locally-designated historic districts may require Historic District Commission (HDC) approval for exterior modifications. Contact the local HDC for current guidelines.
Is fiber internet available at 1550 Cherboneau Place, 115, Detroit, MI 48207?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 1550 Cherboneau Place, 115, Detroit, MI 48207. The maximum advertised download speed is 2.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Mortgage Calculator
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Monthly payment$1,181
Principal & interest$438
HOA$743
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1550 Cherboneau Place, 115, Detroit, MI 48207
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Neighborhood
Lower East Central
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Community
Detroit
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County
Wayne County
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