$558 Closing Credit¹
#20250014774, Erick Monzo, Roderick Fletcher Sr, Listing Office: Keller Williams Realty-Great Lakes
$45,000 List price
1550 Cherboneau Pl Unit 127 Detroit, MI 48207
$534
Closing credit¹
2 beds
1 full
900 sqft
$50 / sqft
Condo
Property details
About 1550 Cherboneau Pl Unit 127
Amazing Opportunity-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. 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)
Size900 sqft
BasementYes
Year built1963
ParkingParking Lot, No Garage
MLS #20250027069
Virtual tour
Summary
- Full Bathrooms: 1
- Basement: Yes
- Interior: Elevator
- Total Bedroom Count: 2
- Attached Garage: No
- Parking: Parking Lot, No Garage
- Architectural Style: Common Entry Building, Ranch
- Heating: Baseboard, Natural Gas
- Cooling: Wall Unit(s)
- List Price: $45,000
- Price/SqFt: $50
- HOA Amount: $725 Monthly
- Directions: Take Cherboneau Pl west off of Orleans
- Year Built: 1963
- Living Area: 900 SqFt
- MLS Number: 20250027069
- MLS Name: Realcomp II Ltd
- Office Name: Keller Williams Home
- Office Phone: (248) 626-2100
- Listing Agent: Adrienne Stewart
Disclaimer: 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: 5/31/2025, 2:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$45,000
1550 Cherboneau Pl Unit 127
$534
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.
Neighborhood
The neighbors living near this home have an average income of $29,688. Residents of Detroit, MI typically earn less than $<35k each year. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
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)
Music Concerts
Pro Boxing
Where do the neighbors shop?
Banana Republic
H&M
IKEA
Where do the neighbors go to eat?
Jack In The Box
Chipotle
Quiznos
What do the neighbors drive?
Toyota
Volkswagen
Lexus
What do the neighbors listen to?
Jazz
Rhythmic Contemporary Hits- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1550 Cherboneau Pl Unit 127
The listing price of 1550 Cherboneau Pl Unit 127 property is $45,000.
The property 1550 Cherboneau Pl Unit 127 is a condo located in Detroit, Michigan, 48207.
Active Listing: 1550 Cherboneau Pl Unit 127 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1550 Cherboneau Pl Unit 127 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 127 has 2 bedrooms and 1 bathroom.
The property 1550 Cherboneau Pl Unit 127 is 900 SqFt (source: MLS/tax record).
The year of construction for 1550 Cherboneau Pl Unit 127 is 1963.
This home is located at 1550 Cherboneau Pl Unit 127 in Detroit, MI and zip code 48207 in the Downtown neighborhood. This 900 square foot home was built in 1963. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $45,000.
Over 93 listings were sold over their listed price in April 2025 in Detroit, MI. In the same period over 216 listings were sold below the listed price and 85 listings were sold for the listed price. In April 2025 in Detroit, MI there were 13.4% more homes for sale than in March. The median list price of listings available in April 2025 was $90,000, while the average time on the real estate market was 47 days.
From Rocket Homes Real Estate and based on county public records data.