For Sale
525 W LAFAYETTE Boulevard, 21C, Detroit, MI 48226
$385,000
MLS # 20261017202 (Realcomp)
2 beds1 bath1,350 sqftBuilt 1918
1 / 32
Listing Description
Positioned on the top floor of Fort Shelby Condominiums, this 2-bedroom, 1-bath condo offers an elevated take on downtown Detroit living—blending comfort, convenience, and access to some of the city’s best amenities. Inside, thoughtful updates create a clean, modern feel. Recent improvements include a new water heater and heat pump, updated flooring, newer windows, freshly painted kitchen cabinets, and a stylish feature wall that adds just the right amount of character. Living here means more than just a great condo—it’s a full-service lifestyle. Located above a hotel, residents enjoy access to a fitness center, bar, restaurant, coffee shop, secure parking, a 24-hour building, and the ease of a residential concierge. Just a couple blocks from Campus Martius, you’re in the center of it all—restaurants, events, and everyday essentials right outside your door. Low-maintenance living, smart updates, a location that keeps you connected, and a serious tax abatement - NEZ-Rehab - through 2033.
Source: SparkMLS
About this home
Located in Central Business District in Detroit, this property offers 2-bedroom, 1-bath, 1,350 sq ft, with original construction dating to 1918.
Listed at $385,000 (about $285/sq ft).
Property tax estimate: $1,444 per year ($120/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 TypeResidential
Property SubtypeCondominium
Bedrooms2
Bathrooms1
Living Area1,350 sqft
Year Built1918
Stories1
Location
CityDetroit
Zip Code48226
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementSlab
HeatingForced Air, Heat Pump
WaterPublic
SewerPublic
InteriorElevator
Sale & Financing
Listed3/23/2026
Terms AcceptedCash, Conventional
HOA
HOA Fee$832 / Monthly
IncludesLawn/Yard Care, Sewer, Snow Removal, Trash, Water
Source: SparkMLS
Tax Information
Annual Tax$2,250
Tax Year2025
State Equalized Value$22,500
Assessed Value$22,500
Parcel #04000118.058
Source: Public Records
Legal Description
S LAFAYETTE W UNIT 55; WAYNE COUNTY CONDO PLAN NO. 945 "FORT SHELBY HOTEL CONDOMINIUM" RECORDED IN L46262 P1428-1542 DEEDS, WCR 4/132 0.512% SPLIT/COMBINED ON 07/23/2018 FROM 04000118.005;
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Jan Dijkers
Berkshire Hathaway HomeServices The Loft Warehouse
Frequently Asked Questions about 525 W LAFAYETTE Boulevard, 21C, Detroit, MI 48226
Which school district serves 525 W LAFAYETTE Boulevard, 21C, Detroit, MI 48226?
Per MLS# 20261017202, 525 W LAFAYETTE Boulevard, 21C, Detroit, MI 48226 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What financing options are available for 525 W LAFAYETTE Boulevard, 21C, Detroit, MI 48226?
Per MLS# 20261017202, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 525 W LAFAYETTE Boulevard, 21C, Detroit, MI 48226?
Per public tax records, annual property taxes for this property are $2,200. 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.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 525 W LAFAYETTE Boulevard, 21C, Detroit, MI 48226 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.
Is 525 W LAFAYETTE Boulevard, 21C, Detroit, MI 48226 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. 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.
What utilities serve 525 W LAFAYETTE Boulevard, 21C, Detroit, MI 48226?
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.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$1,444
Monthly$120
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
$
%
$
$
$
Monthly payment$3,449
Principal & interest$2,497
Property taxes$120
HOA$832
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
525 W LAFAYETTE Boulevard, 21C, Detroit, MI 48226
View full property history →
Neighborhood
Central Business District
View all listings →
Community
Detroit
Explore neighborhoods →
County
Wayne County
View county overview →
Get email alerts for new listings near 525 W LAFAYETTE Boulevard
We'll notify you when something hits the market in Central Business District or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.