Turnkey 8-unit in historic Jefferson Chalmers. All units are 1-bed, 1-bath w/ expansive layouts & natural light. 100% occupancy, immediate cash flow. The building is currently occupied by safe, long-term, and reliable tenants who treat the property with care, ensuring immediate and stable cash flow for an investor. Tenants pay own electric (individually metered). An added amenity rarely found in this area: dedicated storage units are available on-site, providing extra convenience for tenants and a potential ancillary income stream. With its brick exterior, partial basement, and prime location just minutes from the Detroit River, Grosse Pointe, and downtown, this is a true turnkey investment.
For sale
$525,000
9439 Chalmers St, Detroit, MI 48213
8beds
4,790sqft
Multi Family
Built in 1959
-- sqft lot
$497,900 Zestimate®
$110/sqft
$-- HOA
What's special
Brick exteriorExpansive layoutsNatural light
- 46 days |
- 234 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
Abrahim Basri 313-949-9700,
Brookstone, Realtors LLC 248-963-0505
Source: Realcomp II,MLS#: 20261037625
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 1
- Full bathrooms: 8
- 1/2 bathrooms: 8
Heating
- Electric, Forced Air
Features
- Basement: Full,Private Storage Locker,Unfinished,Walk Out Access
- Has fireplace: No
Interior area
- Total interior livable area: 4,790 sqft
- Finished area above ground: 4,790
Property
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 6,098 Square Feet
- Dimensions: 60 x 100
Details
- Parcel number: W21I055868C70
- Zoning description: MultiFamily, Residential
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Basement, Block, Poured
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: RAVENDALE 2
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $110/sqft
- Tax assessed value: $30,328
- Annual tax amount: $6,634
- Date on market: 5/23/2026
- Cumulative days on market: 46 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Quit Claims Deed,Va Loan
Estimated market value
$497,900
$468,000 - $523,000
$1,036/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2026 | Listed for sale | $525,000+81%$110/sqft |
Source: | ||
| 12/19/2025 | Sold | $290,000-9.4%$61/sqft |
Source: | ||
| 10/21/2025 | Pending sale | $320,000$67/sqft |
Source: | ||
| 9/22/2025 | Listed for sale | $320,000$67/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $92,800 +20.4% |
| 2024 | -- | $77,100 +15.9% |
| 2023 | -- | $66,500 +51.1% |
| 2022 | -- | $44,000 +29.8% |
| 2021 | -- | $33,900 |
| 2020 | $3,411 -26.1% | $33,900 +35.6% |
| 2019 | $4,614 | $25,000 -52.1% |
| 2018 | $4,614 | $52,200 |
| 2017 | -- | -- |
| 2016 | $100 | -- |
| 2015 | $100 | -- |
| 2010 | $100 | $4,550 |
| 2009 | -- | $4,550 |
| 2008 | -- | $4,550 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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: Outer Drive-Hayes
Nearby schools
GreatSchools rating
- 3/10Edward 'Duke' Ellington @ BeckhamGrades: PK-8Distance: 0.6 mi
- 4/10Denby High SchoolGrades: 9-12Distance: 1.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Wayne County
- Detroit
- 48213
- Outer Drive-Hayes
- 9439 Chalmers St







