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$37,400
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Property Description
In the heart of Historic Lafayette Park! Spacious first-floor 1-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: 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 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.
Full Property Details
Full Property Details for 1550 Cherboneau Pl #221
General
- Price: $37,400
- HOA FEE: $720/month
- Status: Active
- Type: Co-op
- Source: SWMRIC_MLS
- MLS ID: 26024085
- Updated: 6/18/2026
- Added to Site: 49 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Ceiling Fan(s), Elevator, Pantry
- Appliances: Disposal, Microwave, Range
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Library: Yes
- Laundry: In Basement, Laundry Room, Sink
Additional Information
- Shared Amenities: Laundry, Library, Storage
Location
- County: Wayne
- Cross Streets: Orleans
Community
- Association: Yes
- Assoc. Fees Include: Water, Trash, Snow Removal, Sewer, Lawn/Yard Care, Heat
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Baseboard
Utilities
- Sewer: Public
- Water: Public
- Cable Available: Yes
- Utility Description: Electricity Available, Cable Available, Natural Gas Connected
Structural Information
- Architectural Style: Ranch
- Construction: Brick
- Basement: Yes
- Windows: Insulated Windows
- Stories/Levels: 2
- Square Feet: 63,192
- Living Area: 63,192 Sq. Ft.
- Year Built: 1963
Lot Features
- Lot Size (Acres): 3.02
- Lot Size (Sq. Ft.): 131,551
- Frontage: Paved
Financial Considerations
- Association Fee: $720
- Assoc Fee Freq.: Monthly
- Terms: Cash
Disclosures and Reports
- Legal Description: W ORLEANS 12 N 30 FT OF 13 LAFAYETTE PARK SUB L80 P87-91 PLATS, WCR 7/100 131 735 SQ FT
- Property ID: 7001961
Listed by Berkshire Hathaway HomeService, Brian Meeks
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Schools
Schools serving 1550 Cherboneau Pl #221
School District:Detroit Public Schools Community District
| Name | Grades | Distance |
|---|---|---|
Chrysler Elementary School 1445 East Lafayette Street, Detroit, MI 48207 | K-5 | 0.1 mi |
Bunche Elementary-Middle School 2715 Macomb Street, Detroit, MI 48207 | PK-5 | 0.6 mi |
Martin Luther King Jr Senior High School 3200 East Lafayette Street, Detroit, MI 48207 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1550 Cherboneau Pl #221
Date
Details
Price
Change
Source
5/22/2026
Listed
$37,400
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1550 Cherboneau Pl #221
1550 Cherboneau Place #221, Detroit, MI 48207 (MLS# 26024085) is a Co-op property with 1 bedroom and 1 full bathroom. 1550 Cherboneau Place #221 is currently listed for $37,400 and was received on May 22, 2026. Want to learn more about 1550 Cherboneau Place #221? Do you have questions about finding other Co-op real estate for sale in Detroit? You can browse all Detroit real estate or contact a Coldwell Banker agent to request more information.

