BEDS1
BATHS1 full
SQUARE FEET63,192
MLS#26024085
STATUSActive
PROPERTY TYPEResidential -
SCHOOLDetroit
Property Description
In the heart of Historic Lafayette Park! 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 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 Detroits 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 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 unbeatable location just moments from some of Detroits 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 provides exceptional value by covering property taxes, water, heat, trash service, building maintenance, and A/C maintenance, making everyday living both simple and affordable.Co-op board approval is required. Cash purchase only. Owner-occupied residents only.
Property Features
Property Type: Residential -
Basement: Partial, Slab
Cooling: Central Air
Heating: Baseboard
Home Style: Mid-Century Modern, Ranch
Lot Size: 3.02 Acres
Taxes: $0
Year Built: 1963
Feature Descriptions
Appliances: Disposal, Microwave, Range
Association Amenities: Laundry, Library, Storage
Association Fee Includes: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat
Exterior: Brick
Flooring: Carpet, Laminate
HOA: Yes
HOA Fee: 720/Monthly
Interior: Ceiling Fan(s), Elevator, Pantry
Laundry: In Basement, Laundry Room, Sink
Parcel Number: 07001961.
Road Surface: Paved
Rooms Total: 3
Sewer: Public
Sub Type: Stock Cooperative
Utilities: Electricity Available, Cable Available, Natural Gas Connected
Water: Public
Window: Insulated Windows
Local Schools
High School: Martin Luther King Jr. Senior High Schoo
Middle School: Bunker Elementary School
Elementary School: Chrysler Elementary School
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: Berkshire Hathaway HomeService
Agent Name: Brian Meeks
Agency Phone: 734-747-7500
Shown By
Agent Name: Harry Schmitz
Agent Phone: Cell: (419) 356-3541
Agency Title: Key Realty
 | The property comes from the Member MLS's of the Michigan Regional Information Center, LLC (MichRIC). Copyright 2026 Michigan Regional Information Center, LLC (MichRIC). All rights reserved. Information deemed reliable, but not guaranteed. Data Last Updated 05/22/2026. |
Estimate Your Payment
Estimated Payment
$ 220.11 per month $209.20 Principal & Interest $0.00 Property Tax (data not provided by mls) $10.91 Homeowner's Insurance
1550 Cherboneau Place, Unit 221 | MLS# 26024085
This home located at 1550 Cherboneau Place, Unit 221, Detroit, MI 48207 is currently listed for sale with an asking price of $37,400. This property was built in 1963 and has 1 bedrooms and 1 full baths with 63192 sq. ft. Cherboneau Place, Unit 221 is located within the Detroit school district. Search Detroit real estate on harryschmitz.ikeyrealty.com today.