Search
Detroit Multifamily Home with Lot
For Sale
$275,000

231 Chandler St, Detroit, MI 48202

Multifamily property with two units and extra lot.

Lot Size0.14 Acres
Days on Market244

Property Features for 231 Chandler St

General Information

Standard status Active
Lot size 0.14 Acres
Property subtype Investment

Building Details

Year Built 1914
Listing Agency:
Listed By: Tiroca Battle
Source: Elliman
Added: Nov 28, 2025 Changed: Jul 6 Last Checked: Jul 30 at 9:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tiroca Battle

Investment Insights

Based on property information with market context.

This multifamily home in Detroit presents an investment opportunity, featuring two units and including an adjacent side lot. The upper unit has been updated and includes 1 bedroom and 1 bathroom with hardwood flooring. The lower unit requires renovation, offering 2 bedrooms and 1 bathroom, presenting a value-add opportunity. The property's location near downtown Detroit positions it favorably for future growth and rental potential.

Key Highlights

  • Investment opportunity in Detroit with high rental potential.
  • Includes an extra side lot at 221 Chandler.
  • Prime location close to downtown Detroit, promising future growth.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Nail Salon Hair Salon Auto Parts Store Kitchen & Bath Showroom Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,935
Businesses Nearby

Demographics for 48202, MI

17,260
Population
10,078
Households
1.7
Avg Household Size
32
Median Age
38%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
5,076
Density / Sq Mi
$36,536
Median Household Income
$31,725
Median Earnings
$894
Median Rent
$193,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Multifamily property with two units and extra lot.
Where is this duplex located?
The property is located at 231 Chandler St Detroit, MI.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Investment opportunity in Detroit with high rental potential.; Includes an extra side lot at 221 Chandler.; Prime location close to downtown Detroit, promising future growth.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message