Listed By:
Berkshire Hathaway HomeServices The Loft Warehouse - 3136586400
Address
242 E Palmer Street # 4, Detroit, MI
Price
$ 229,500
Property Attributes
  • ID#20261062453
  • TypeCondos
  • Listing Status Active
  • CountyWAYNE
  • CityDetroit
  • AreaDet Livernois I756 Gd River
  • NeighborhoodWAYNE COUNTY CONDO PLAN NO 888
  • Zip48202
  • StyleHistoric
  • Year Built1920
  • Taxes$ 286
  • Price$ 229,500
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage944
Data Source:
RealComp
Property Description

Located in Detroit’s historic Art Center neighborhood, this residence offers the kind of character and walkability that continue to make this area one of Midtown’s most desirable pockets. Just steps from the Detroit Institute of Arts, College for Creative Studies, Wayne State University, the Detroit Medical Center, cafes, restaurants, and the QLINE, the location places some of the city’s best cultural and everyday destinations within easy reach. Set within a classic brick building surrounded by historic architecture, the unit blends original detail with practical modern updates. Rich wood trim, built-in millwork, hardwood floors, and a striking coffered ceiling give the main living space warmth and personality rarely found in newer construction. Large bay windows bring in great natural light and overlook the neighborhood’s tree-lined streets and historic homes. The single-level layout offers comfortable, well-connected living spaces. The living room feels open yet inviting, while the kitchen features stone countertops, farmhouse style sink, tile flooring, generous cabinet space, and direct access to a private outdoor deck—an uncommon feature in Midtown condo living and a great extension of the space during warmer months. Additional features include in-unit laundry, dedicated storage, and one detached garage parking space included with the unit. Art Center is known for its mix of historic buildings, cultural institutions, and residential streets that feel connected to the energy of Midtown without being directly in the middle of it. A rare opportunity to own a residence with authentic architectural character in one of Detroit’s most established neighborhoods.

Price History
8/8/2026 Listed $229,500

General Features

Sewer PublicSewer
Heating ForcedAir, NaturalGas
Cooling CentralAir
Utilities CableAvailable
Possession AtClose
Roof Other
Appliances BuiltInElectricOven, Dishwasher, Disposal, FreeStandingElectricRange, FreeStandingRefrigerator, StainlessSteelAppliances, WasherDryerStacked
HOA Fee 350.0
Garage Spaces 1.0
Association Fee Includes MaintenanceGrounds, MaintenanceStructure, SnowRemoval, Trash, Water
Patio/Porch Features Covered, Porch
Architectural Style Historic
Pool Features None
Construction Materials Brick
Exclusions Exclusion(s) Do Not Exist
Pets Allowed Call
Year Built 1920
Levels One
Unit Number 4
Property Subtype Condominium
Community Features Sidewalks
Assoc Fee Paid Per Monthly
County Wayne
New Construction No
Property Type Residential
HOA Yes
Attached Garage No
Subdivision Name WAYNE COUNTY CONDO PLAN NO 888 (LANCASTER LOFTS)
Garage Y/N Yes
Total Rooms 4
Full Baths 1
Status Active
Directions Between John R & Brush St.
City DetroitCity_Wayne
Disclosures ExclusionsDoNotExist, NoRestrictions, TaxesNotHomesteadExempt
Entry Location MidLevelwSteps
Senior Community Y/N No
High School District Detroit
MLS Area Area05043DetLivernoisI756GdRiver
Lot Size Units Acres
Carport Y/N No
Land Lease Y/N No
Tax Annual Amount 286.0
Home Warranty Y/N No
Lease Renewal Y/N No
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 54149
Expected Active Date 2026-08-10
MobileHomeRemainsYN No
PostalCity Detroit_Wayne
Legal Description UNIT 4 ; WAYNE COUNTY CONDO PLAN NO 888 LANCASTER LOFTS REC L43889 P149-203 DEEDS, WCR 1/247 12.5% NEZ REHAB CERT #2004-1000, PARCEL #23002004.1000.

Interior Features

Interior Amenities HighSpeedInternet
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 944.0
Total Bedrooms 2
WaterHeaterFuel NaturalGas
LivingAreaSource PublicRecords
Above Grade Finished Area Unit Type SquareFeet
Total Baths 1

Exterior Features

Exterior Amenities Balcony, Lighting
Fencing Fenced
Parking Features OneCarGarage, Detached
Water Source Public
Foundation Details BrickMortar, Slab
Spa No
Waterfront Y/N No
Road Frontage Type Paved
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Berkshire Hathaway HomeServices The Loft Warehouse and The Originating MLS(found above), © 2026 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of September 22, 2026 12:23 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Condos Average in 48202

Price
AVG $270K
$230K
Taxes
AVG $4,449
$286
Year Built
AVG 1957
1920
Visits
AVG 58
24
Data Provided by Inside Real Estate®