242 E PALMER Street #3 Detroit MI 48202 MLS #20261032942

242 E PALMER Street #3
Detroit, MI, 48202
$224,500
2 Beds
1 Baths
950 SqFt
0 Acres
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MLS #20261032942 image #0
Located in Detroit’s historic Art Center neighborhood, this residence offers the kind of character and walkability that continue to make this area one of Midtown’s most desirable pockets. Just steps from the Detroit Institute of Arts, College for Creative Studies, Wayne State University, the Detroit Medical Center, cafés, restaurants, and the QLINE, the location places some of the city’s best cultural and everyday destinations within easy reach.

Set within a classic brick building surrounded by historic architecture, the unit blends original detail with practical modern updates. Rich wood trim, built-in millwork, hardwood floors, and a striking coffered ceiling give the main living space warmth and personality rarely found in newer construction. Large bay windows bring in great natural light and overlook the neighborhood’s tree-lined streets and historic homes.

The single-level layout offers comfortable, well-connected living spaces. The living room feels open yet inviting, while the kitchen features stone countertops, slate tile flooring, generous cabinet space, and direct access to a private outdoor deck—an uncommon feature in Midtown condo living and a great extension of the space during warmer months.

Additional features include in-unit laundry, dedicated storage, and one detached garage parking space included with the unit.

Art Center is known for its mix of historic buildings, cultural institutions, and residential streets that feel connected to the energy of Midtown without being directly in the middle of it. A rare opportunity to own a residence with authentic architectural character in one of Detroit’s most established neighborhoods.

Property Details

Price:
$224,500
MLS #:
20261032942
Status:
Active
Beds:
2
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
WAYNE COUNTY CONDO PLAN NO 888 LANCASTER LOFTS
Neighborhood:
area05043detlivernoisi756gdriver
Listed Date:
May 11, 2026
Finished Sq Ft:
950
Year Built:
1912
Short SaleLoftArea05043detlivernoisi756gdriverArea05043detlivernoisi756gdriverWayne County Condo Plan No 888 Lancaster LoftsDetroitCall

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
950
Appliances
BuiltInElectricOven, BuiltInElectricRange, Dishwasher, Disposal, Dryer, FreeStandingRefrigerator, Washer
Bathrooms
1 Full Bathroom
Cooling
Central Air
Heating
Forced Air, Natural Gas
Interior Features
ProgrammableThermostat
Laundry Features
In Unit
Levels
One

Exterior

Architectural Style
Loft
Community Features
Sidewalks
Construction Materials
Brick
Exterior Features
Lighting, Private Entrance
Garage Spaces
1
Parking Features
OneCarGarage, Detached
Patio And Porch Features
Patio
Roof
Other

Financial

HOA Fee
$350
HOA Fee Frequency
Monthly
Taxes
$290

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Condo in Detroit as of May 26, 2026
275
Condo Listed
129
Avg DOM
274
Avg $ / SqFt
$348,819
Avg List Price

Property Summary

    Located in the WAYNE COUNTY CONDO PLAN NO 888 (LANCASTER LOFTS) subdivision, 242 E PALMER Street #3 Detroit MI is a Condo for sale in Detroit, MI, 48202. It is listed for $224,500 and features 2 beds, 1 baths, and has approximately 950 square feet of living space, and was originally constructed in 1912. The current price per square foot is $236. The average price per square foot for Condo listings in Detroit is $274. The average listing price for Condo in Detroit is $348,819. To schedule a showing of MLS#20261032942 at 242 E PALMER Street #3 in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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