8443 Chalfonte St · Detroit, MI
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $784 – $1,456
Heat risk 3/10 · Minor
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 2/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- DSCR +10.0/10.0
- 1% rule +8.8/10.0
- Rent growth +4.0/5.0
- Livability +3.7/5.0
- Condition / age +2.5/5.0
- ARV discount +1.9/15.0
- Schools +1.3/10.0
- Appreciation +0.0/10.0
$90,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Move-in Ready Remodeled Colonial – Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems – everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility – ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement – restaurants, entertainment, Riverwalk, and jobs – is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast – schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras
Key facts
- 4,356 sq ft lot
- Built 1926
- Listed 138 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/1.0-bath single-family listed at $90k.
Deal economics
- At list price, monthly cash flow is $454 ($5k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $90k).
- Recommended offer: $79k (12.0% below list) — sets the bar for market timing.
- Cap rate 12.4% vs local median 10.2% in Detroit — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.
Location & tenants
- Location reads 73/100 on livability (#218 in MI) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, cost of living A+; Watch: schools F, crime F, employment F.
- Detroit Public Schools Community District (urban): math 10% / reading 24% proficiency, ranked #499 of 540 in MI (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 90% free/reduced lunch — lower-income household profile, screen leases tightly.
- Market conditions: Rents rising fast (+6.1%/yr); 346 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 18d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 2,639 units permitted in Wayne County in 2024 (1,216 in 5+ unit buildings).
- This rent runs 45% of the median local income ($33k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $622 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
- Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
- At projected returns (-3.0% appreciation + 6.1% rent growth), your $25k cash investment doubles in ~5 years — after that, you're playing with house money.
Negotiation context
- It's been on market 138 days — a 12% lower offer ($79k) is reasonable based on typical stale-listing flexibility.
- 10 sale attempts since 20y ago; this cycle's ask has dropped $35k (28%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1926 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 138 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Built in 1926 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.38% ✓
- Cap rate
- 12.35%
- Cash-on-cash
- 21.63%
- DSCR
- 1.96
- GRM
- 6.0
CMA / ARV
- ARV (median comp)
- $80,019
- List price
- $90,000
- Delta
- 12.47%
- Verdict
- OVERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 8731 Chalfonte St | 0.15mi | 3/1.0 | 1,089 (-1%) | 10mo | $24,000 | $22 | 83 |
| 8539 Desoto St | 0.09mi | 3/1.0 | 988 (-10%) | 3mo | $31,529 | $32 | 77 |
| 14628 Ohio St | 0.21mi | 4/1.5 (+1) | 1,129 (+3%) | 9mo | $50,000 | $44 | 71 |
| 7447 Ellsworth St | 0.42mi | 3/1.0 | 1,160 (+6%) | 5mo | $35,500 | $31 | 67 |
| 8598 Ellsworth St | 0.18mi | 4/1.0 (+1) | 1,006 (-8%) | 8mo | $20,000 | $20 | 66 |
| 14629 Monica St | 0.58mi | 3/1.0 | 1,128 (+3%) | 4mo | $19,000 | $17 | 65 |
| 14249 Cloverlawn St | 0.53mi | 3/1.0 | 1,035 (-6%) | 5mo | $69,000 | $67 | 62 |
| 16128 Wisconsin St | 0.71mi | 3/1.0 | 1,128 (+3%) | 8mo | $75,000 | $66 | 56 |
| 15775 Indiana St | 0.54mi | 3/1.5 | 967 (-12%) | 1mo | $45,000 | $47 | 52 |
| 15818 Griggs St | 0.72mi | 3/1.0 | 1,187 (+8%) | 8mo | $153,000 | $129 | 46 |
| 14256 Ohio St | 0.52mi | 3/1.0 | 1,242 (+13%) | 10mo | $40,000 | $32 | 46 |
| 14203 Cherrylawn St | 0.57mi | 3/2.0 | 1,250 (+14%) | 5mo | $58,000 | $46 | 42 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 6.14% rent growth · sell at horizon
- IRR
- 17.4%
- Equity multiple
- 1.73×
- Total profit
- $18,372
- Equity at exit
- $13,419
- IRR
- 27.9%
- Equity multiple
- 3.81×
- Total profit
- $70,865
- Equity at exit
- $7,782
Cash invested: $25,200 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 62 Landlord-Friendly
- State Michigan
- 62 Landlord-Friendly · EVEN
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 48238
- Home prices YoY
- -14.4%
- Rents YoY
- 6.1%
- Active inventory
- 346
- Price-to-rent
- 6.0×
Monthly cashflow live
- Estimated rent
- $1,245 high interval (Pro) →
- Mortgage (P&I)
- −$472
- Tax from tax record
- −$20 /mo · $240/yr
- Insurance
- −$38
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$262
- Net cashflow
- $454
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $22,500
- Closing costs
- $2,700
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 14656 Roselawn St Detroit, MI | 3.0 | 1.0 | 1000 | $1,200 | $1.20 | 17d | 1 | 0.23mi |
| 14570 Cherrylawn St Detroit, MI | 3.0 | 1.0 | 840 | $1,250 | $1.49 | 12d | 1 | 0.25mi |
| 14550 Northlawn St Detroit, MI | 3.0 | 2.0 | 950 | $1,200 | $1.26 | 16d | 1 | 0.27mi |
| Ohio St Unit 4 Detroit, MI | 4.0 | 1.5 | 1400 | $750 | $0.54 | 43d | 1 | 0.33mi |
| 15457 Cloverlawn St Detroit, MI | 3.0 | 2.0 | 1500 | $1,275 | $0.85 | 24d | 1 | 0.37mi |
| 14242 Ohio St Detroit, MI | 4.0 | 1.0 | 1400 | $1,000 | $0.71 | 43d | 1 | 0.52mi |
| 15777 Wisconsin St Unit 77 Detroit, MI | 2.0 | 1.0 | 900 | $950 | $1.06 | 4d | 1 | 0.53mi |
| 15771 Turner St Detroit, MI | 2.0 | 1.0 | 1000 | $1,049 | $1.05 | 43d | 1 | 0.57mi |
| 14881 Mendota St Detroit, MI | 3.0 | 1.0 | 1026 | $1,100 | $1.07 | 24d | 1 | 0.58mi |
| 15765 Washburn St Detroit, MI | 2.0 | 1.0 | 1093 | $950 | $0.87 | 43d | 1 | 0.61mi |
| 15839 Kentucky St Detroit, MI | 2.0 | 1.0 | 800 | $1,200 | $1.50 | 17d | 1 | 0.64mi |
| 15708 Birwood St Detroit, MI | 3.0 | 1.0 | 1255 | $1,100 | $0.88 | 4d | 1 | 0.66mi |
| 15878 Kentucky St Detroit, MI | 2.0 | 1.0 | 800 | $900 | $1.12 | 43d | 1 | 0.67mi |
| 7350 Globe St Detroit, MI | 3.0 | 1.0 | 1000 | $1,550 | $1.55 | 3d | 1 | 0.67mi |
| 14011 Roselawn St Detroit, MI | 4.0 | 1.5 | 1300 | $1,450 | $1.12 | 17d | 1 | 0.69mi |
| 14011 Roselawn St Detroit, MI | 4.0 | 1.5 | 1300 | $1,450 | $1.12 | 1d | 1 | 0.69mi |
| 15512 Mendota St Apt 2 Detroit, MI | 2.0 | 1.0 | 1000 | $1,200 | $1.20 | 43d | 1 | 0.69mi |
| 15512 Mendota St Detroit, MI | 2.0 | 1.0 | 931 | $1,200 | $1.29 | 4d | 1 | 0.69mi |
| 13979 Cherrylawn St Detroit, MI | 3.0 | 1.0 | 1296 | $1,334 | $1.03 | 20d | 1 | 0.71mi |
| 16183 Wisconsin St Detroit, MI | 3.0 | 1.5 | 1370 | $1,400 | $1.02 | 43d | 1 | 0.77mi |
| 16230 Indiana St Unit 2 Detroit, MI | 2.0 | 1.0 | 1050 | $1,200 | $1.14 | 17d | 1 | 0.83mi |
| 15760 Monte Vista St Detroit, MI | 2.0 | 1.0 | 1080 | $1,250 | $1.16 | 43d | 1 | 0.83mi |
| 13620 Kentucky St Detroit, MI | 3.0 | 1.0 | 1248 | $1,200 | $0.96 | 4d | 1 | 0.86mi |
| 15388 Appoline St #203 Detroit, MI | 2.0 | 1.0 | 900 | $850 | $0.94 | 43d | 1 | 0.87mi |
| 2690 Ewald Cir Detroit, MI | 1.0–2.0 | 1.0 | 750 | $900 | $1.20 | 24d | 4 | 0.87mi |
| 16255 Lilac St Detroit, MI | 3.0 | 1.0 | 1312 | $1,394 | $1.06 | 17d | 1 | 0.90mi |
| 13620 Tuller St Detroit, MI | 4.0 | 1.0 | 1064 | $1,374 | $1.29 | 12d | 1 | 0.91mi |
| 13965 Mendota St Detroit, MI | 3.0 | 1.0 | 1222 | $1,294 | $1.06 | 17d | 1 | 0.92mi |
| 2926 Ewald Cir Detroit, MI | 2.0 | 1.0 | 800 | $900 | $1.12 | 17d | 1 | 0.95mi |
| 15738 Sorrento Ave Detroit, MI | 3.0 | 1.0 | 762 | $1,175 | $1.54 | 43d | 1 | 1.05mi |
| 14847 Cheyenne St Detroit, MI | 3.0 | 2.0 | 849 | $1,150 | $1.35 | 17d | 1 | 1.07mi |
| 16582 Santa Rosa Dr Detroit, MI | 3.0 | 1.0 | 1314 | $1,399 | $1.06 | 17d | 1 | 1.10mi |
| 16722 Tuller St Detroit, MI | 3.0 | 1.5 | 1100 | $1,500 | $1.36 | 16d | 1 | 1.11mi |
| 15088 Littlefield St Detroit, MI | 2.0 | 1.0 | 1294 | $1,275 | $0.99 | 21d | 1 | 1.11mi |
| 4287 W Grand St Unit 4289 Detroit, MI | 3.0 | 1.0 | 1250 | $1,000 | $0.80 | 43d | 1 | 1.13mi |
| 16889 Washburn St Detroit, MI | 3.0 | 1.5 | 1300 | $1,100 | $0.85 | 17d | 1 | 1.16mi |
| 15345 Parkside St Detroit, MI | 3.0 | 1.0 | 1152 | $1,300 | $1.13 | 43d | 1 | 1.17mi |
| 16204 Steel St Detroit, MI | 3.0 | 1.0 | 969 | $1,150 | $1.19 | 43d | 1 | 1.18mi |
| 3812 W Grand St Detroit, MI | 2.0 | 1.0 | 1100 | $1,025 | $0.93 | 16d | 1 | 1.20mi |
| 2034 Ewald Cir Detroit, MI | 2.0 | 1.0 | 1000 | $995 | $0.99 | 4d | 1 | 1.22mi |
Listing history 42 events
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2026-06-18days on market $90,000 Active 138 DOM
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2026-06-17days on market $90,000 Active 137 DOM
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2026-06-15days on market $90,000 Active 135 DOM
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2026-06-13days on market $90,000 Active 133 DOM
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2026-06-13days on market $90,000 Active 132 DOM
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2026-06-09days on market $90,000 Active 129 DOM
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2026-06-08days on market $90,000 Active 128 DOM
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2026-06-07days on market $90,000 Active 127 DOM
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2026-06-04days on market $90,000 Active 124 DOM
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2026-06-03days on market $90,000 Active 123 DOM
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2026-06-01days on market $90,000 Active 121 DOM
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2026-05-31days on market $90,000 Active 120 DOM
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2026-05-08price $90,000 2052-char remark
Show marketing remark (2052 chars)
Move-in Ready Remodeled Colonial – Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems – everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility – ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement – restaurants, entertainment, Riverwalk, and jobs – is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast – schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras
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2026-05-07status Active 2088-char remark
Show marketing remark (2052 chars)
Move-in Ready Remodeled Colonial – Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems – everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility – ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement – restaurants, entertainment, Riverwalk, and jobs – is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast – schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras
-
2026-05-07price $90,000 2088-char remark
Show marketing remark (2052 chars)
Move-in Ready Remodeled Colonial – Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems – everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility – ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement – restaurants, entertainment, Riverwalk, and jobs – is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast – schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras
-
2026-05-07status Active 2052-char remark
Show marketing remark (2052 chars)
Move-in Ready Remodeled Colonial – Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems – everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility – ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement – restaurants, entertainment, Riverwalk, and jobs – is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast – schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras
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2026-05-05historical Active Under Contract 2088-char remark
Show marketing remark (2052 chars)
Move-in Ready Remodeled Colonial – Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems – everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility – ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement – restaurants, entertainment, Riverwalk, and jobs – is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast – schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras
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2026-05-05historical Accepting Backup Offers 2052-char remark
Show marketing remark (2052 chars)
Move-in Ready Remodeled Colonial – Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems – everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility – ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement – restaurants, entertainment, Riverwalk, and jobs – is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast – schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras
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2026-03-23price $100,000 2052-char remark
Show marketing remark (2088 chars)
Move-in Ready Remodeled Colonial "“ Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems "“ everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility "“ ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement "“ restaurants, entertainment, Riverwalk, and jobs "“ is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast "“ schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras
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2026-03-23price $100,000 2088-char remark
Show marketing remark (2088 chars)
Move-in Ready Remodeled Colonial "“ Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems "“ everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility "“ ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement "“ restaurants, entertainment, Riverwalk, and jobs "“ is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast "“ schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras
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2026-02-28price $110,000 2052-char remark
Show marketing remark (2052 chars)
Move-in Ready Remodeled Colonial – Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems – everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility – ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement – restaurants, entertainment, Riverwalk, and jobs – is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast – schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras
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2026-02-27price $110,000 2088-char remark
Show marketing remark (2088 chars)
Move-in Ready Remodeled Colonial "“ Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems "“ everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility "“ ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement "“ restaurants, entertainment, Riverwalk, and jobs "“ is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast "“ schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras
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2026-01-31$125,000 Active 2088-char remark
Show marketing remark (2052 chars)
Move-in Ready Remodeled Colonial – Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems – everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility – ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement – restaurants, entertainment, Riverwalk, and jobs – is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast – schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras
-
2026-01-31$125,000 Active 2052-char remark
Show marketing remark (2052 chars)
Move-in Ready Remodeled Colonial – Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems – everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility – ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement – restaurants, entertainment, Riverwalk, and jobs – is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast – schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras
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2026-01-29historical $125,000 2052-char remark
Show marketing remark (2052 chars)
Move-in Ready Remodeled Colonial – Your Detroit Dream Home or Smart Investment at 8443 Chalfonte Street, Detroit, MI 48238 Discover the perfect blend of timeless charm and modern upgrades in this beautifully remodeled 3-bedroom, 1-bathroom 2-story colonial, ready for you to call home or add to your portfolio! Meticulously refreshed with fresh new flooring throughout, a sleek modern bathroom, and major updates including a new roof, updated plumbing, electrical, and heating systems – everything feels fresh, functional, and move-in ready. Step inside to spacious, light-filled rooms that offer comfortable living spaces for relaxing, entertaining, or family life. The three generous bedrooms provide plenty of tranquility and flexibility – ideal for a growing family, home office setup, or rental appeal. Outside, enjoy the classic colonial curb appeal in a charming, established neighborhood south of Fenkell and east of Wyoming. Location is a winner for both homeowners and investors: quick access to major highways for easy commutes, nearby local shops, dining, and essential services. You're in a revitalizing Northwest Detroit area with strong community spirit and growth potential. Families love proximity to nearby parks like Palmer Park for picnics, trails, and recreation, plus Adams Butzel Park with its playground and swimming pool options. Downtown Detroit's excitement – restaurants, entertainment, Riverwalk, and jobs – is just a 15-20 minute drive away. Belle Isle State Park, with its beaches, trails, conservatory, and aquarium, is an easy 20-25 minute trip for weekend escapes. Whether you're seeking a cozy primary residence in a connected, up-and-coming spot or a reliable investment property with solid rental demand and appreciation upside as Detroit thrives, this gem delivers incredible value. Homes this updated and positioned don't last long! Act fast – schedule your private showing today and envision your future at 8443 Chalfonte Street! This home has an alarm and recording cameras
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2026-01-26historical
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2026-01-26historical
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2025-01-10$125,000 Active
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2025-01-10$125,000 Active
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2025-01-09historical
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2024-07-23historical
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2024-07-23historical
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2024-03-28price $120,000
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2024-03-27price $120,000
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2024-01-27$125,000 Active
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2024-01-27$125,000 Active
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2024-01-25historical
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2024-01-25historical
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2007-08-02historical
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2007-04-11historical
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2006-08-06$79,900
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2006-08-06$79,900
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast MI · Partial reset (capped growth)
- Current annual tax
- $240 · $20/mo
- Projected year-2 tax
- $813 · $68/mo
- Expected delta
- +$573/yr (+$48/mo · 238.8%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
- Wind 2/10 Low
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $14,944
- − Mortgage interest
- −$5,041
- − Property taxes
- −$240
- − Insurance
- −$450
- − Repairs & maintenance
- −$1,195
- − Management
- −$1,195
- − Depreciation
- −$2,618
- Taxable income
- $4,203
- Est. tax owed @ 24.0%
- −$1,009
- After-tax cash flow
- $4,443/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Detroit Public Schools Community District
- NCES district ID
- 2601103
- Math proficiency
- 10% ▼ -2.00%
- Reading proficiency
- 24% ▲ 6.00%
- Median HH income
- $25,815
- Composite
- 13.06/100
- National rank
- #9564
- State rank
- #499 of 540 in MI
Livability — Detroit
- Score
- 73/100
- State rank
- #218
- US rank
- #5427
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Detroit, MI
- County
- Wayne County · 1,562,939 people
- City population
- 572,865
- Metro
- Detroit-Warren-Dearborn, MI
- Population (ZIP)
- 24,731
- Household income
- $33,315
- Rent vs Own
- Severe rent burden
- 2172.0
Population outlook (Wayne County) Hauer SSP2
- Today (2025)
- 1,675,273 people
- By 2030
- 1,620,300 · -3.3%
- By 2040
- 1,502,341 · -10.3%
- By 2050
- 1,384,039 · -17.4%
- By 2075
- 1,124,592 · -32.9%
- By 2100
- 881,193 · -47.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly Black (94%)
- Race & ethnicity
- Black 94% Two or more races 3% White 1%
- Foreign-born
- 1%
Political lean MEDSL · Wayne
- 2024 margin
- Strong D (+29.0) · D 62.7% · R 33.7% · Other 3.6%
- 2008→2024 swing
- -20.5pp toward R · 2008: 49.5pp · 2024: 29.0pp
- All cycles
- 2024: D+29.0 2020: D+38.1 2016: D+37.3 2012: D+46.9 2008: D+49.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -31.96%
- Current HPI
- 189.6227
- Rent YoY
- ▲ 6.14%
- Metro
- Detroit-Warren-Dearborn, MI
- State GDP YoY
- ▲ 1.37%
- F500 in state
- 28
Industry mix (Fortune 500 HQ in MI)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Automotive Parts | 3 | $48B |
|
||
| Automotive | 2 | $372B |
|
||
| Chemicals | 1 | $45B |
|
||
| Automotive Retail | 1 | $29B |
|
||
| Healthcare / Medical Devices | 1 | $23B |
|
||
| Automotive Technology | 1 | $20B |
|
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Price history
+12.6% since first listed30 events — show timeline
- 2026-05-08 Price Changed $90,000 MiRealSource-MiMLS
- 2026-05-07 Relisted — REALCOMP
- 2026-05-07 Price Changed $90,000 REALCOMP
- 2026-05-07 Relisted — MiRealSource-MiMLS
- 2026-05-05 Contingent — REALCOMP
- 2026-05-05 Contingent — MiRealSource-MiMLS
- 2026-03-23 Price Changed $100,000 MiRealSource-MiMLS
- 2026-03-23 Price Changed $100,000 REALCOMP
- 2026-02-28 Price Changed $110,000 MiRealSource-MiMLS
- 2026-02-27 Price Changed $110,000 REALCOMP
- 2026-01-31 Listed $125,000 REALCOMP
- 2026-01-31 Listed $125,000 MiRealSource-MiMLS
- 2026-01-29 Coming Soon $125,000 MiRealSource-MiMLS
- 2026-01-26 Listing Removed — MiRealSource-MiMLS
- 2026-01-26 Listing Removed — REALCOMP
- 2025-01-10 Listed $125,000 MiRealSource-MiMLS
- 2025-01-10 Listed $125,000 REALCOMP
- 2025-01-09 Coming Soon — MiRealSource-MiMLS
- 2024-07-23 Listing Removed — MiRealSource-MiMLS
- 2024-07-23 Listing Removed — REALCOMP
- 2024-03-28 Price Changed $120,000 MiRealSource-MiMLS
- 2024-03-27 Price Changed $120,000 REALCOMP
- 2024-01-27 Listed $125,000 MiRealSource-MiMLS
- 2024-01-27 Listed $125,000 REALCOMP
- 2024-01-25 Coming Soon — MiRealSource-MiMLS
- 2024-01-25 Coming Soon — REALCOMP
- 2007-08-02 Listing Removed — MiRealSource-MiMLS
- 2007-04-11 Listing Removed — REALCOMP
- 2006-08-06 Listed $79,900 REALCOMP
- 2006-08-06 Listed $79,900 MiRealSource-MiMLS
Property tax history
-9.2%/yrLatest (2016): $240 · +0.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…