Amazing Opportunity at a Unbeatable New Price-Historic Lafayette Park Co-op! This first floor, 2 bedroom unit is in need of some TLC and is priced accordingly. Make this home your own with fresh paint, new flooring, and appliances. Lots of storage space. You cannot beat the location, walkable to all of the best that Downtown has to offer: Dequindre Cut, Eastern Market, the Riverwalk, sports venues, dining, entertainment galore! Cherboneau Place offers residents a great community feel and many amenities included gated parking, beautiful grounds, a community room, library, on-site laundry, exercise room, workshop, and secure, private storage. There is also an elevator for added convenience. Super affordable living that includes property taxes, water, heat, building maintenance, a/c maintenance, trash in the HOA. Co-op approval required for purchase. CASH terms, owner-occupied only. Pets are not permitted. Sale subject to probate court approval-Estate Sale.
Property Details
Price:
$39,900
MLS #:
20250027069
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Stock Cooperative
Neighborhood:
05053detwoodwardmcclellansomack
Listed Date:
Apr 17, 2025
Finished Sq Ft:
900
Year Built:
1963
See this Listing
Schools
School District:
Detroit
Interior
Bathrooms
1 Full Bathroom
Cooling
Wall Units
Heating
Baseboard, Natural Gas
Exterior
Architectural Style
CommonEntryBuilding, Ranch
Community Features
Sidewalks
Construction Materials
Brick
Parking Features
ParkingLot, NoGarage
Financial
HOA Fee
$725
HOA Frequency
Monthly
HOA Includes
Gas, Insurance, MaintenanceGrounds, MaintenanceStructure, PestControl, Sewer, SnowRemoval, Water
Map
Community
- Address1550 Cherboneau Place #127 127 Detroit MI
- CityDetroit
- CountyWayne
- Zip Code48207
Market Summary
Current real estate data for Single Family in Detroit as of Dec 19, 2025
3,369
Single Family Listed
114
Avg DOM
81
Avg $ / SqFt
$147,526
Avg List Price
Property Summary
- 1550 Cherboneau Place #127 127 Detroit MI is a Single Family for sale in Detroit, MI, 48207. It is listed for $39,900 and features 2 beds, 1 baths, and has approximately 900 square feet of living space, and was originally constructed in 1963. The current price per square foot is $44. The average price per square foot for Single Family listings in Detroit is $81. The average listing price for Single Family in Detroit is $147,526. To schedule a showing of MLS#20250027069 at 1550 Cherboneau Place #127 127 in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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1550 Cherboneau Place #127 127
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