Back 226/1550 Cherboneau Place
Off Market

226/1550 Cherboneau Place

Detroit MI 48207

2
1
900 sq. ft.
Condo
Last sold for $42,000
Erick MonzoErick Monzo, last sold this property on 04 September 2025 after 176 days on market.

Overview

Experience mid-century modern living in this 2-bedroom, 1-bath cooperative condo, nestled in a National Historic Landmark district featuring the largest collection of residential buildings designed by Mies van der Rohe. This owner-occupied community offers a host of amenities, including central A/C, vintage steel kitchen cabinets, hardwood floors, an exercise room, workshop, library, lounge, laundry, and a community room. Monthly dues cover property taxes, heat, water, trash, A/C and building maintenance, and insurance - providing exceptional value. Cash-only purchase; no financing or pets allowed. Enjoy an unbeatable location just a short walk to Eastern Market, the Dequindre Cut Greenway, Greektown, and the Riverwalk, with easy access to all downtown Detroit sporting events and entertainment. Don't miss this rare opportunity to own a piece of architectural history in the heart of the city!

Features

2 bedrooms
1 bathroom
900 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Detroit over the last 12 months, the estimated median property value of 226/1550 Cherboneau Place is $220k.

Median value
$220k
Estimated value range
$42k - $600k
Median days on market
61
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Detroit. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 226/1550 Cherboneau Place

2025
Sold
$42,000
04 Sep 2025 by Erick Monzo, of Keller Williams Realty-Great Lakes

Happy sellers in Detroit

92%
92% of sellers in Detroit reported that their sale price either exceeded or met their price expectations.

Detroit stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Detroit over the last 12 months.

Local market activity for 2 bedroom condos in Detroit

In the last 12 months, 24 two-bedroom condos similar to 226/1550 Cherboneau Place, have been sold.

This represents a 50% increase in two-bedroom condos sales when compared to the previous 12 months.

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