1550 Cherboneau Place 221, Detroit, MI 48207 (MLS# 26024085)

1550 Cherboneau Place 221, Detroit, MI 48207

$37,400
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 763 Lot Size (sq. ft.): 131,551 Status: Active
Current Price: $37,400 List Date: 5/22/2026 Last Modified: 6/18/2026

Overview

Description

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. ...

Supplements: 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 unbea ...

Listing Details MLS# 26024085

Location Property Info

County
Wayne
Street #
1550
Street Name
Cherboneau
Suffix
Place
State
MI
Zip Code
48207

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
3.02
Lot Square Footage
131551
Year Built
1963
Garage Y/N
No
Fireplace
No
Income Property
No
Condo Proj Name
Cherboneau Place
Total Rooms AG
3
Total Fin SqFt All Levels
63192
SqFt Above Grade
763
Total Beds Above Grade
Yes
Total Bedrooms
Yes
Full Baths
Yes
Total Baths
Yes
Main Level Primary
Yes
Stories
2
School District
Detroit
Elementary School
Chrysler Elementary School
Middle School
Bunker Elementary School
High School
Martin Luther King Jr. Senior High School
Association YN
Yes
Waterfront
No
Lot Dimensions
No
Road Frontage
0
Total Fireplaces
0
Basement
Yes
Below Grade Finished SqFt
0
Below Grade Unfinished SqFt
0
Building Total SqFt
0
# of Outbuildings
0

Tax Info

Tax ID #
07001961.
Taxable Value
747497
SEV
2130900
For Tax Year
2025
Tax Year
2025
Homestead %
100
Seller's Annual Property Tax
0
Spec Assessment & Type
No

Waterfront Options

Water Access Y/N
No

Access Feat

Accessibility Features
No

More Information

Upper Rooms

Upper Bedrooms
Yes
Upper Full Baths
Yes
Upper Level Square Feet
763
Total Baths Above Grade
Yes

Location & Property Info

Unit #
221
Cross Streets
Orleans
Property Sub-Type
Stock Cooperative
Municipality
Detroit City

Office/Contract Info

On-Market Date
2026-05-22
Auction or For Sale
For Sale
List Price/SqFt
49.02
Ownership Type
Private Owned

Remarks & Misc

Public Remarks
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
Legal
W ORLEANS 12 N 30 FT OF 13 LAFAYETTE PARK SUB L80 P87-91 PLATS,WCR 7/100 131 735 SQ FT

Street Type

Paved
Yes

Util Avail at Street

Cable Available
Yes
Electricity Available
Yes

Utilities Attached

Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Terms Available

Cash
Yes

Association Info.

Approx. Assoc Fee
720
Assoc. Fee Payable
Monthly

Laundry Features

In Basement
Yes
Laundry Room
Yes
Sink
Yes

Assoc. Amenities

Laundry
Yes
Library
Yes
Storage
Yes

Exterior Material

Brick
Yes

Assoc. Fee Incl.

Heat
Yes
Lawn/Yard Care
Yes
Maintenance Structure
Yes
Sewer
Yes
Snow Removal
Yes
Trash
Yes
Water
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

Other
Yes

Heat Type

Baseboard
Yes

Air Conditioning

Central Air
Yes

Main Rooms

Main Level SQFT
0

Lower Rooms

Lower Finished SQFT
0
Total Lower SQFT
0

Basement Rooms

Basement Finished SQFT
0
Total Basement SQFT
0

Substructure

Partial
Yes
Slab
Yes

Windows

Insulated Windows
Yes

Kitchen Features

Pantry
Yes

Additional Items

Ceiling Fan(s)
Yes
Elevator
Yes

Appliances

Disposal
Yes
Microwave
Yes
Range
Yes

Water Heater

Natural Gas
Yes

Flooring

Carpet
Yes
Laminate
Yes

Security Features

Smoke Detector(s)
Yes

Architectural Style

Mid-Century Modern
Yes
Ranch
Yes

Possession

Close Of Escrow
Yes

Property Features

Laundry Features: In Basement; Laundry Room; Sink Exterior Material: Brick Windows: Insulated Windows Substructure: Partial; Slab Sewer: Public Sewer Water: Public Utilities Attached: Natural Gas Connected Util Avail at Street: Cable Available; Electricity Available Kitchen Features: Pantry Additional Items: Ceiling Fan(s); Elevator Appliances: Disposal; Microwave; Range Heat Source: Natural Gas Heat Type: Baseboard Air Conditioning: Central Air Water Heater: Natural Gas Flooring: Carpet; Laminate Security Features: Smoke Detector(s) Architectural Style: Mid-Century Modern; Ranch Street Type: Paved Terms Available: Cash Possession: Close Of Escrow Sale Conditions: Other

Room Information

Room Name Length Width Level
Kitchen 10.00 7.00 Main
Bathroom 1 11.00 10.00 Main
Primary Bedroom 12.00 13.00 Main
Dining Room 8.00 7.00 Main
IDX
Listing Office: Berkshire Hathaway HomeService
Listing Agent: Brian Meeks
Source MLS Verified
Last Updated: June - 18 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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