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.
Pending
$37,400
1550 Cherboneau Pl #221, Detroit, MI 48207
1beds
63,192sqft
Stock Cooperative
Built in 1963
-- sqft lot
$-- Zestimate®
$1/sqft
$720/mo HOA
What's special
- 143 days
- 189
- 9
Zillow last checked:
Listing updated:
Listed by:
Brian Meeks 734-678-9303,
Berkshire Hathaway Snyder & Co 734-747-7500
Source: MichRIC,MLS#: 26024085
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
$1,432/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/20/2026 | Pending sale | $37,400$1/sqft |
Source: | ||
| 5/22/2026 | Listed for sale | $37,400$1/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Lafayette Park
Nearby schools
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.

