Turnkey Investor Gem in Prime Detroit Location!
This ranch-style duplex is a cash-flow powerhouse—one unit is currently rented at $900/month, with the second unit ready to lease for the same, bringing total potential income to $1,800/month. Priced to sell, this low-maintenance property offers strong returns from day one.
Both units feature updated interiors, with one already occupied by a reliable tenant. Located on a corner lot, the property has great curb appeal and convenient access to local amenities. Professionally managed for truly passive income.
Tenant ledger available upon request. Don’t miss this high-performing investment opportunity!
Sold for $113,000
$113,000
5500 Chalmers St, Detroit, MI 48213
4beds
1,951sqft
Duplex
Built in 1951
-- sqft lot
$103,200 Zestimate®
$58/sqft
$1,191 Estimated rent
Home value
$103,200
$75,000 - $133,000
$1,191/mo
Zestimate® history
Owner options
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$1,191/mo
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$1,191/mo
Rent Zestimate®
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$650/mo
Est. payment
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$650/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Damian Hickman 248-924-1377,
EXP Realty Main
Bought with:
Jade Fox, 6501441511
EXP Realty Main
Source: Realcomp II,MLS#: 20251019871
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,951 sqft
- Finished area above ground: 1,951
Property
Features
- Levels: One
- Stories: 1
- Pool features: None
- Fencing: Back Yard,Fenced
Lot
- Size: 6,098 sqft
- Dimensions: 40 x 150
Details
- Parcel number: W21I055433S
- Zoning description: Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex
Materials
- Block, Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1951
- Major remodel year: 2025
Utilities & green energy
- Sewer: Public Sewer, Separate Meters
- Water: Separate Meters
Community & neighborhood
Location
- Region: Detroit
- Subdivision: SEFTON PARK SUB
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2025 | Sold | $113,000-5.8%$58/sqft |
Source:  Realcomp II #20251019871 Report a problem | ||
| 8/29/2025 | Pending sale | $120,000$62/sqft |
Source: Realcomp II #20251019871 Report a problem | ||
| 7/23/2025 | Listed for sale | $120,000+5.3%$62/sqft |
Source: Realcomp II #20251019871 Report a problem | ||
| 6/7/2025 | Listing removed | $114,000$58/sqft |
Source: Realcomp II #20240091996 Report a problem | ||
| 2/25/2025 | Price change | $114,000-4.2%$58/sqft |
Source: Realcomp II #20240091996 Report a problem | ||
| 1/29/2025 | Price change | $119,000-4.8%$61/sqft |
Source: Realcomp II #20240091996 Report a problem | ||
| 12/19/2024 | Listed for sale | $125,000+4.3%$64/sqft |
Source: Realcomp II #20240091996 Report a problem | ||
| 4/1/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/31/2023 | Listed for rent | $850 |
Source: Zillow Rentals Report a problem | ||
| 3/26/2023 | Listing removed | -- |
Source: Realcomp II #20221064481 Report a problem | ||
| 2/2/2023 | Price change | $119,900-14.3%$61/sqft |
Source: Realcomp II #20221064481 Report a problem | ||
| 1/25/2023 | Listed for sale | $139,900$72/sqft |
Source: Realcomp II #20221064481 Report a problem | ||
| 1/11/2023 | Listing removed | -- |
Source: Realcomp II #20221064481 Report a problem | ||
| 12/15/2022 | Price change | $139,900-6.7%$72/sqft |
Source: Realcomp II #20221064481 Report a problem | ||
| 11/30/2022 | Listed for sale | $149,900+398%$77/sqft |
Source: Realcomp II #20221064481 Report a problem | ||
| 10/28/2020 | Sold | $30,100+102%$15/sqft |
Source: Public Record Report a problem | ||
| 8/21/2020 | Pending sale | $14,900$8/sqft |
Source: Keller Williams Realty #2200067504 Report a problem | ||
| 8/19/2020 | Listed for sale | $14,900-25.5%$8/sqft |
Source: Keller Williams Realty-Great Lakes #2200067504 Report a problem | ||
| 12/6/2019 | Listing removed | $19,999$10/sqft |
Source: Grant and Main LLC #219116377 Report a problem | ||
| 11/24/2019 | Listed for sale | $19,999$10/sqft |
Source: Grant and Main LLC #219116377 Report a problem | ||
| 11/24/2019 | Pending sale | $19,999$10/sqft |
Source: Grant and Main LLC #219116377 Report a problem | ||
| 11/17/2019 | Listed for sale | $19,999$10/sqft |
Source: Fortus Realty #219116377 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $21,400 +23% |
| 2024 | -- | $17,400 +3% |
| 2023 | -- | $16,900 +61% |
| 2022 | -- | $10,500 -6.3% |
| 2021 | -- | $11,200 |
| 2020 | $674 -41.5% | $11,200 +10.9% |
| 2019 | $1,153 | $10,100 +7.4% |
| 2018 | $1,153 | $9,400 |
| 2017 | -- | $9,400 -44.4% |
| 2016 | $1,527 | $16,900 |
| 2015 | $1,527 -5% | $16,900 -14.4% |
| 2013 | $1,607 +5.2% | $19,739 -31.8% |
| 2010 | $1,527 | $28,940 -12% |
| 2009 | -- | $32,886 -13.5% |
| 2008 | -- | $38,018 |
| 2007 | -- | $38,018 +5.5% |
| 2005 | $161 | $36,036 +3% |
| 2004 | -- | $34,986 |
Find assessor info on the county website
Neighborhood: Chandler Park-Chalmers
Nearby schools
GreatSchools rating
- 2/10EMAN Hamilton AcademyGrades: PK-8Distance: 0.1 mi
- 3/10East English Village Preparatory AcademyGrades: 9-12Distance: 1.7 mi
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- Michigan
- Wayne County
- Detroit
- 48213
- Chandler Park-Chalmers
- 5500 Chalmers St
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