$37,400
Detroit, MI 48207
MLS# 26024085
1 beds | 1 baths | 763 sqft
1 / 26
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 Detroit's 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: [email protected] / 248.553.47
Details
Documents
Location & Property Info
Unit #: 221
Cross Streets: Orleans
Property Sub-Type: Stock Cooperative
Municipality: Detroit City
Office/Contract Info
On-Market Date: 2026-05-22
Auction or For Sale: For Sale
List Price/SqFt: 49.02
Ownership Type: Private Owned
General Property Info
New Construction: No
Lot Dimensions: 0
Road Frontage: 0
Garage Y/N: No
Fireplace: No
Total Fireplaces: 0
Waterfront: No
Income Property: No
Basement: Yes
Condo Proj Name: Cherboneau Place
Total Rooms AG: 3
Total Fin SqFt All Levels: 63192
SqFt Above Grade: 763
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 0
Building Total SqFt: 0
Total Beds Above Grade: 1
Main Level Primary: Yes
Stories: 2
School District: Detroit
Elementary School: Chrysler Elementary School
High School: Martin Luther King Jr. Senior High School
Middle School: Bunker Elementary School
# of Outbuildings: 0
Association YN: Yes
Lot Measurement: Acres
Lot Acres: 3.02
Lot Square Footage: 131551
Year Built: 1963
Total Bedrooms: 1
Full Baths: 1
Total Baths: 1
Tax Info
Taxable Value: 747497
SEV: 2130900
For Tax Year: 2025
Seller's Annual Property Tax: 0
Tax Year: 2025
Homestead %: 100
Spec Assessment & Type: 0
Tax ID #: 07001961.
Remarks & Misc
Public Remarks: 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 Detroit's 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: [email protected] / 248.553.47
Legal: W ORLEANS 12 N 30 FT OF 13 LAFAYETTE PARK SUB L80 P87-91 PLATS,WCR 7/100 131 735 SQ FT
Waterfront Options
Water Access Y/N: No
Street Type
Paved: 1
Util Avail at Street
Cable Available: 1
Electricity Available: 1
Utilities Attached
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Association Info.
Approx. Assoc Fee: 720
Assoc. Fee Payable: Monthly
Laundry Features
In Basement: 1
Laundry Room: 1
Sink: 1
Assoc. Amenities
Laundry: 1
Library: 1
Storage: 1
Exterior Material
Brick: 1
Assoc. Fee Incl.
Heat: 1
Lawn/Yard Care: 1
Maintenance Structure: 1
Sewer: 1
Snow Removal: 1
Trash: 1
Water: 1
Heat Source
Natural Gas: 1
Sale Conditions
Other: 1
Heat Type
Baseboard: 1
Air Conditioning
Central Air: 1
Access Feat
Accessibility Features: No
Upper Rooms
Upper Bedrooms: 1
Upper Full Baths: 1
Upper Level Square Feet: 763
Total Baths Above Grade: 1
Main Rooms
Main Level SQFT: 0
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Basement Rooms
Basement Finished SQFT: 0
Total Basement SQFT: 0
Substructure
Partial: 1
Slab: 1
Windows
Insulated Windows: 1
Kitchen Features
Pantry: 1
Additional Items
Ceiling Fan(s): 1
Elevator: 1
Appliances
Disposal: 1
Microwave: 1
Range: 1
Water Heater
Natural Gas: 1
Flooring
Carpet: 1
Laminate: 1
Security Features
Smoke Detector(s): 1
Architectural Style
Mid-Century Modern: 1
Ranch: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Wayne
Street #: 1550
Street Name: Cherboneau
Suffix: Place
State: MI
Zip Code: 48207
OfficeContract Info
Status: Active
List Price: $37,400
Current Price: $37,400
Listing Date: 2026-05-21
Property Features
Laundry Features: In Basement; Laundry Room; Sink
Exterior Material: Brick
Windows: Insulated Windows
Substructure: Partial; Slab
Sewer: Public Sewer
Water: Public
Utilities Attached: Natural Gas Connected
Util Avail at Street: Cable Available; Electricity Available
Kitchen Features: Pantry
Additional Items: Ceiling Fan(s); Elevator
Appliances: Disposal; Microwave; Range
Heat Source: Natural Gas
Heat Type: Baseboard
Air Conditioning: Central Air
Water Heater: Natural Gas
Flooring: Carpet; Laminate
Security Features: Smoke Detector(s)
Architectural Style: Mid-Century Modern; Ranch
Street Type: Paved
Terms Available: Cash
Possession: Close Of Escrow
Sale Conditions: Other
Supplements
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 Detroit's 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.
Room Information
| Room Name | Length | Width | Level |
| Kitchen | 10.00 | 7.00 | Main |
| Bathroom 1 | 11.00 | 10.00 | Main |
| Primary Bedroom | 12.00 | 13.00 | Main |
| Dining Room | 8.00 | 7.00 | Main |
Community By Laws 
Listing Office: Berkshire Hathaway HomeService
Listing Agent: Brian Meeks
Last Updated: May - 24 - 2026
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