For Sale
9439 Chalmers Street, Detroit, MI 48213
$525,000
MLS # 20261037625 (Realcomp)
Built 19590.14 acres
1 / 13
Listing Description
Turnkey 8-unit in historic Jefferson Chalmers. All units are 1-bed, 1-bath w/ expansive layouts & natural light. 100% occupancy, immediate cash flow. The building is currently occupied by safe, long-term, and reliable tenants who treat the property with care, ensuring immediate and stable cash flow for an investor. Tenants pay own electric (individually metered). An added amenity rarely found in this area: dedicated storage units are available on-site, providing extra convenience for tenants and a potential ancillary income stream. With its brick exterior, partial basement, and prime location just minutes from the Detroit River, Grosse Pointe, and downtown, this is a true turnkey investment.
Source: SparkMLS
About this home
This 16-bath home built in 1959 sits in Conner in Detroit.
Currently offered at $525,000.
Annual property taxes run approximately $5,956 ($496/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
Bathrooms16
Lot Size0.14 acres
Year Built1959
Location
CityDetroit
Zip Code48213
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed5/22/2026
Terms AcceptedCash, Conventional, VA Loan
Source: SparkMLS
Tax Information
Annual Tax$2,942
Tax Year2025
State Equalized Value$92,800
Assessed Value$92,800
Parcel #21055868-70
Source: Public Records
Legal Description
W CHALMERS 702 THRU 700 RAVENDALE SUB 2 L49 P96 PLATS, W C R 21/739 60 X 100
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Abrahim Basri
Brookstone, Realtors LLC
Frequently Asked Questions about 9439 Chalmers Street, Detroit, MI 48213
Which school district serves 9439 Chalmers Street, Detroit, MI 48213?
Per MLS# 20261037625, 9439 Chalmers Street, Detroit, MI 48213 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 9439 Chalmers Street, Detroit, MI 48213?
Per MLS# 20261037625, this listing accepts Cash, Conventional, VA Loan financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 9439 Chalmers Street, Detroit, MI 48213?
Per public tax records, annual property taxes for this property are $6,634. 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, 9439 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.
Is 9439 Chalmers Street, Detroit, MI 48213 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 9439 Chalmers Street, Detroit, MI 48213?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. 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$5,956
Monthly$496
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$3,901
Principal & interest$3,405
Property taxes$496
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
9439 Chalmers Street, Detroit, MI 48213
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Neighborhood
Conner
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Community
Detroit
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County
Wayne County
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