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  • $37,400

    1550 Cherboneau Pl #221, Detroit, MI 48207

    1beds
    63,192sqft
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    Stock Cooperative
    Built in 1963
    -- sqft lot
    $-- Zestimate®
    $1/sqft
    $720/mo HOA

    What's special

    In the heart of Historic Lafayette Park! Spacious first-floor 1-bedroom co-op is full of potential and priced for someone ready to bring their vision to life. With a little updating and modern touches, this could become an incredible downtown retreat with unbeatable value. Enjoy generous storage and an unbeatable location just moments from some of Detroit's most loved destinations, including the Dequindre Cut, Eastern Market, the Riverwalk, major sports venues, dining, nightlife, and entertainment. Residents of Cherboneau Place enjoy a welcoming community atmosphere with impressive amenities including gated parking, beautifully maintained grounds, a community room, library, on-site laundry, exercise room, workshop space, private secure storage, and elevator access for added convenience. The monthly HOA ($720) provides exceptional value by covering property taxes, water, heat, trash service, building maintenance, and A/C maintenance. Assoc. contact: marcusmgt@aol.com / 248.553.47 Opportunity knocks in the heart of Historic Lafayette Park! This spacious first-floor 2-bedroom co-op is full of potential and priced for someone ready to bring their vision to life. With a little updating, fresh flooring and modern touches, this could become an incredible downtown retreat with unbeatable value. Enjoy generous storage and an unbeatable location just moments from some of Detroit's most loved destinations, including the Dequindre Cut, Eastern Market, the Riverwalk, major sports venues, dining, nightlife, and entertainment. Residents of Cherboneau Place enjoy a welcoming community atmosphere with impressive amenities including gated parking, beautifully maintained grounds, a community room, library, on-site laundry, exercise room, workshop space, private secure storage, and elevator access for added convenience. The monthly HOA provides exceptional value by covering property taxes, water, heat, trash service, building maintenance, and A/C maintenance, making everyday living both simple and affordable. Co-op board approval is required. Cash purchase only. Owner-occupied residents only.
    41 days
    |
    676
    |
    27
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Meeks 734-678-9303,

    Berkshire Hathaway HomeService 734-747-7500

    Source: MichRIC,MLS#: 26024085MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Primary bedroom
      • Level: Main
      • Area: 156
      • Dimensions: 12.00 x 13.00
      Bathroom 1
      • Level: Main
      • Area: 110
      • Dimensions: 11.00 x 10.00
      Dining room
      • Level: Main
      • Area: 56
      • Dimensions: 8.00 x 7.00
      Kitchen
      • Level: Main
      • Area: 70
      • Dimensions: 10.00 x 7.00
      Heating
      • Baseboard
      Cooling
      • Central Air
      Appliances
      • Included: Disposal, Microwave, Range
      • Laundry: In Basement, Laundry Room, Sink
      Features
      • Ceiling Fan(s), Elevator, Pantry
      • Flooring: Carpet, Laminate
      • Windows: Insulated Windows
      • Basement: Partial,Slab
      • Has fireplace: No
      Interior area
      • Total structure area: 763
      • Total interior livable area: 63,192 sqft
      • Finished area below ground: 0

      Property

      Features
      • Stories: 2
      Lot
      • Size: 3.02 Acres
      Details
      • Parcel number: 07001961.

      Construction

      Type & style
      • Home type: Cooperative
      • Architectural style: Mid-Century Modern,Ranch
      • Property subtype: Stock Cooperative
      Materials
      • Brick
      Condition
      • New construction: No
      • Year built: 1963

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Available, Cable Available, Natural Gas Connected

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      HOA
      • Has HOA: Yes
      • Amenities included: Laundry, Library, Storage
      • Services included: Water, Trash, Snow Removal, Sewer, Maintenance Grounds, Heat
      • HOA fee: $720 monthly
      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $1/sqft
      • Tax assessed value: $747,497
      • Date on market: 5/22/2026
      • Listing terms: Cash
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,343/mo

        Price history

        DateEventPrice
        5/22/2026Listed for sale$37,400$1/sqft
        Source: MichRIC #26024085 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Lafayette Park

        Getting around

        75 / 100
        Very Walkable
        65 / 100
        Good Transit
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Chrysler Elementary School
        • Middle: Bunker Elementary School
        • High: Martin Luther King Jr. Senior High School

        Source: MichRIC. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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