Investor opportunity in the highly sought-after Jefferson Chalmers neighborhood! This 4-bedroom, 1.5-bath Craftsman-style bungalow offers an exceptional value-add opportunity with a strong existing footprint, solid foundation, and timeless architectural character ready to be brought back to life. Featuring a spacious layout and classic design elements, this property is a prime candidate for a full renovation, allowing investors or end users to unlock significant upside potential.
Located in one of Detroit’s most vibrant and revitalizing waterfront communities, the home is surrounded by ongoing development, increasing property values, and strong buyer demand. With the right vision and execution, this property can be transformed into a standout residence or high-performing resale. This home is next to two vacant lots that may be able to be purchased from Detroit Land Bank.
Pending
$150,000
563 Chalmers St, Detroit, MI 48215
4beds
2,658sqft
Single Family Residence
Built in 1917
5,662 Square Feet Lot
$149,700 Zestimate®
$56/sqft
$-- HOA
What's special
Timeless architectural characterClassic design elementsCraftsman-style bungalowSpacious layout
- 56 days |
- 30 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Evan DeCiantis 248-953-5600,
REALTEAM Real Estate 586-580-8092
Source: Realcomp II,MLS#: 20261024485
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Entry
- Area: 144
- Dimensions: 12 X 12
Bedroom
- Level: Entry
- Area: 108
- Dimensions: 12 X 9
Bedroom
- Level: Second
- Area: 143
- Dimensions: 13 X 11
Bedroom
- Level: Second
- Area: 143
- Dimensions: 13 X 11
Other
- Level: Entry
Other
- Level: Basement
Dining room
- Level: Entry
- Area: 168
- Dimensions: 14 X 12
Kitchen
- Level: Entry
- Area: 108
- Dimensions: 12 X 9
Living room
- Level: Entry
- Area: 377
- Dimensions: 29 X 13
Heating
- Forced Air, Natural Gas
Features
- Basement: Unfinished
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total interior livable area: 2,658 sqft
- Finished area above ground: 2,658
Property
Parking
- Parking features: No Garage
Features
- Levels: One And One Half
- Stories: 1.5
- Entry location: GroundLevelwSteps
- Patio & porch: Porch
- Pool features: None
- Fencing: Fenced
Lot
- Size: 5,662 Square Feet
- Dimensions: 40 x 140.02
Details
- Parcel number: W21I056240S
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Basement, Block
Condition
- New construction: No
- Year built: 1917
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: MARSHLAND BLVD SUB
HOA
- Has HOA: No
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $56/sqft
- Tax assessed value: $16,022
- Annual tax amount: $1,019
- Date on market: 4/16/2026
- Cumulative days on market: 56 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
Estimated market value
Zestimate®
$149,700
Estimated sales range
$142,000 - $157,000
Rent Zestimate®
$2,328/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2026 | Pending sale | $150,000$56/sqft |
Source: | ||
| 4/16/2026 | Listed for sale | $150,000$56/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $51,300 +31.9% |
| 2024 | -- | $38,900 +44.1% |
| 2023 | -- | $27,000 +25.6% |
| 2022 | -- | $21,500 +14.4% |
| 2021 | -- | $18,800 |
| 2020 | $657 -34.4% | $18,800 +33.3% |
| 2019 | $1,001 | $14,100 +9.3% |
| 2018 | $1,001 | $12,900 -2.3% |
| 2017 | -- | $13,200 -36.2% |
| 2016 | $939 | $20,700 |
| 2015 | $939 -23.8% | $20,700 -15.5% |
| 2013 | $1,232 +31.2% | $24,488 -31.8% |
| 2010 | $939 | $35,902 -18% |
| 2009 | -- | $43,783 -14.5% |
| 2008 | -- | $51,208 |
| 2007 | -- | $51,208 +5.5% |
| 2005 | $123 | $48,538 +3% |
| 2004 | -- | $47,124 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Jefferson Chalmers
Nearby schools
GreatSchools rating
- 4/10Carstens Elementary-Middle SchoolGrades: PK-8Distance: 0.4 mi
- 3/10East English Village Preparatory AcademyGrades: 9-12Distance: 2.8 mi
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