# 4625 Chalmers Street, Detroit, MI 48215

> **TL;DR:** 5bd/2ba single family, $125,000 ($83/sqft), built 1950, 1,500 sqft. Est. $668/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $125,000 |
| Price/sqft | $83 |
| Bedrooms | 5 |
| Bathrooms | 2 full |
| Square Feet | 1,500 |
| Year Built | 1950 |
| Lot Size | 4,356 sqft (0.10 acres) |
| Stories | 2 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $632 |
| Estimated Insurance | $36 |
| **Total** | **$668** |

## Property Highlights

- Built in 1950
- 0.10 acre lot
- 2 stories

## Description

### Agent Description
This renovated 5-bedroom, 2-bath bungalow is currently tenant occupied with a lease generating $1,500 per month ($18,000 annually), providing immediate rental income from day one. The property was acquired in 2023 and extensively renovated prior to tenant occupancy, offering a low-maintenance investment with strong long-term appreciation potential. Featuring approximately 1,500 square feet of living space, a functional floor plan, and established rental history, this property is an excellent addition to any investor's portfolio. Photos taken prior to tenant occupancy are available upon verification of proof of funds. Tenant occupied-please do not approach or disturb the tenant. Showings are reserved for parties with an accepted offer only. This property is one of 20 investment properties offered individually or as part of a portfolio acquisition. Sellers are willing to complete the portfolio transaction through an entity sale, providing a streamlined acquisition process and potential tax and operational advantages. Buyers are encouraged to consult with their legal and tax advisors regarding the benefits of an entity acquisition. Buyer and Buyer's Agent to verify all information.

## Location

- **Address:** 4625 Chalmers Street, Detroit, MI 48215
- **County:** Wayne
- **Neighborhood:** Hagers John A Oneida Park
- **Coordinates:** 42.392397, -82.957225
- **Google Maps:** https://www.google.com/maps?q=42.392397,-82.957225

## Listing Agent

- **Name:** Jay Naim
- **Brokerage:** EXP Realty Main
- **Phone:** 3135716581

## Primary Photo

![4625 Chalmers Street - Primary Photo](http://lh.rdcpix.com/cbc5010a2b3946707b7acecc22e97414l-f4114372325r.jpg)

*3 total photos available on [listing page](https://www.propertysimple.ai/listing/4625-chalmers-street-detroit-mi-48215-61056866)*

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**MLS#:** 20261056866 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/4625-chalmers-street-detroit-mi-48215-61056866)

---

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