$39,000

1550 Cherboneau Pl Unit 121 Detroit, MI 48207

$463
Closing credit¹
1 bed
1 full
700 sqft
$56 / sqft
Condo

Property details

About 1550 Cherboneau Pl Unit 121

Historic Lafayette Park Co-op! This first floor, 1 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, sporting events, 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. Included in the monthly HOA: property taxes, water, heat, building maintenance, a/c maintenance, trash. Co-op approval required for purchase. CASH terms, owner-occupied only. Pets are not permitted. Sale subject to probate court approval-Estate Sale.

Highlights

Home typeStock Cooperative
HeatingBaseboard, Natural Gas
StatusActive
CoolingWall Unit(s)
Size700 sqft
BasementYes
Year built1963
ParkingParking Lot, No Garage
MLS #20250027303

Virtual tour

Summary

  • Full Bathrooms: 1
  • Basement: Yes
  • Interior: Elevator
  • Total Bedroom Count: 1
  • Attached Garage: No
  • Parking: Parking Lot, No Garage
  • Exterior: Grounds Maintenance
  • Architectural Style: Common Entry Building, Ranch
  • Heating: Baseboard, Natural Gas
  • Cooling: Wall Unit(s)
  • List Price: $39,000
  • Price/SqFt: $55
  • HOA Amount: $675
  • HOA Frequency: Monthly
  • Directions: Take Cherboneau Place west off of Orleans
  • Year Built: 1963
  • Living Area: 700 SqFt
  • MLS Number: 20250027303
  • MLS Name: Realcomp II Ltd
  • Office Name: Keller Williams Home
  • Office Phone: (248) 626-2100
  • Listing Agent: Adrienne Stewart

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/9/2025, 2:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$39,000

1550 Cherboneau Pl Unit 121

$463

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

8

Chrysler Elementary School

Public District KG-5

0.2 mi

1445 E Lafayette St

3

University Preparatory Science and Math Elementary School

Public Charter KG-5

0.5 mi

2251 Antietam Ave

1

Detroit Academy of Arts and Sciences

Public Charter KG-5

0.8 mi

2985 E Jefferson Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $29,688. The majority of Detroit, MI residents have income less than $<35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

55%
<35k
36%
35k-100k
5%
100k-200k
4%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

87%
Single, No Kids
4%
Single, with Kids
8%
Married, No Kids
1%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
1%
12-17 yrs old
30%
18-34 yrs old
43%
35-64 yrs old
22%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • H&MH&M
  • IKEAIKEA

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • ChipotleChipotle
  • QuiznosQuiznos

What do the neighbors drive?

  • ToyotaToyota
  • VolkswagenVolkswagen
  • LexusLexus

What do the neighbors listen to?

  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1550 Cherboneau Pl Unit 121

The listing price of 1550 Cherboneau Pl Unit 121 property is $39,000.

The property 1550 Cherboneau Pl Unit 121 is a condo located in Detroit, Michigan, 48207.

Active Listing: 1550 Cherboneau Pl Unit 121 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1550 Cherboneau Pl Unit 121 are: Chrysler Elementary School (GreatSchools Rating 8/10), University Preparatory Science and Math Elementary School (GreatSchools Rating 3/10), Detroit Academy of Arts and Sciences (GreatSchools Rating 1/10), Bunche Preparatory Academy (GreatSchools Rating 1/10), Detroit Edison Public School Academy (GreatSchools Rating 5/10), Detroit Academy of Arts and Sciences Middle School (GreatSchools Rating 1/10), University Preparatory Science and Math (PSAD) High School (GreatSchools Rating 3/10), Detroit Edison Public School Academy High School (GreatSchools Rating 6/10), Way Michigan (GreatSchools Rating 4/10).

The property at 1550 Cherboneau Pl Unit 121 has 1 bedroom and 1 bathroom.

The property 1550 Cherboneau Pl Unit 121 is 700 SqFt (source: MLS/tax record).

The year of construction for 1550 Cherboneau Pl Unit 121 is 1963.

This home is located at 1550 Cherboneau Pl Unit 121 in Detroit, MI and zip code 48207 in the Downtown neighborhood. This 700 square foot home was built in 1963. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 18, 2025 and is currently priced at $39,000.

While more than 93 listings in Detroit, MI in April 2025 were sold above asking price, there were more than 85 listings sold at asking price, and more than 216 were sold below. The inventory of homes for sale in Detroit, MI between March and April 2025 increased by 13.4%. In April 2025, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $90,000.

From Rocket Homes Real Estate and based on county public records data.

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