For Sale
5200 Chalmers Street, Detroit, MI 48213
$140,000
MLS # 20261043787 (Realcomp)
Built 19510.14 acres
1 / 22
Listing Description
Calling all investors and first- time buyers! Great opportunity to own a multi-family property on the East Side of Detroit. This brick-ranch style duplex offers excellent potential and a chance to create immediate value. This property features two units- two spacious units, one- bedroom unit and a two bedroom unit, each offering a full bath, kitchen and living area. The home also includes a basement for additional storage and possibilities. With a little TLC and your vision this property has the potential to become a strong cash flowing investment, or a great opportunity for an owner-occupant looking to build equity. Whether your expanding your rental portfolio or purchasing your first-income producing property. this East Side Detroit gem is ready for your finishing touches. BATVAI- all measurements are approx.
Source: SparkMLS
About this home
This 3-bath home built in 1951 sits in Chandler Park in Detroit.
Listed at $140,000.
Annual property taxes run approximately $1,759 ($147/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Bathrooms3
Lot Size0.14 acres
Year Built1951
Location
CityDetroit
Zip Code48213
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed6/10/2026
Original Price$150,000
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,353
Tax Year2025
State Equalized Value$27,400
Assessed Value$27,400
Parcel #21055418.
Source: Public Records
Legal Description
E CHALMERS 94 SEFTON PARK SUB L38 P86 PLATS, W C R 21/478 40 X 150
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Leonisha Burk
Real Estate One-Southgate
Frequently Asked Questions about 5200 Chalmers Street, Detroit, MI 48213
What school district is 5200 Chalmers Street, Detroit, MI 48213 in?
Per MLS# 20261043787, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 20261043787, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261043787, the most recent reported annual property tax for 5200 Chalmers Street, Detroit, MI 48213 is $2,820. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 5200 Chalmers Street, Detroit, MI 48213 eligible for USDA financing?
Per USDA Rural Development boundary data, 5200 Chalmers Street, Detroit, MI 48213 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, 5200 Chalmers Street, Detroit, MI 48213 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. 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.
Map
Tax Estimate
$
Annual tax$1,759
Monthly$147
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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%
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Monthly payment$1,055
Principal & interest$908
Property taxes$147
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5200 Chalmers Street, Detroit, MI 48213
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Neighborhood
Chandler Park
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Community
Detroit
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County
Wayne County
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