Sold
Last Sold Price
4 beds2,366 sqft
224 Chandler Street, Romeo, MI 48065
Multi FamilyProperty Type
0.18 acresLot Size
1950Year Built
$151/sq ftPrice per sq ft
6 carsParking Spaces

Description

Land contract terms: $230,000 down 7% amortized over 30 years, balloon balance after 5 years.... Excellent investment opportunity in the heart of Romeo just walking distance to vibrant downtown shops, restaurants, and community events. This well-maintained 4-unit multi-family property features two spacious 1-bedroom, 1-bath units, including two main-level units and two upper studio units. Two of the units offer full basements for additional storage and functionality. All units are occupied by long-term...Land contract terms: $230,000 down 7% amortized over 30 years, balloon balance after 5 years.... Excellent investment opportunity in the heart of Romeo just walking distance to vibrant downtown shops, restaurants, and community events. This well-maintained 4-unit multi-family property features two spacious 1-bedroom, 1-bath units, including two main-level units and two upper studio units. Two of the units offer full basements for additional storage and functionality. All units are occupied by long-term tenants, providing immediate and stable cash flow. Current gross monthly income is $3,415 with strong upside potential, as market rents could support income exceeding $4,000 per month. The property offers plenty of on-site parking to accommodate all occupants. The owner currently pays water, a small common electric bill, gas, lawn care, and snow removal. The roof is newer, and the building has been consistently well maintained, contributing to excellent tenant retention. To avoid disturbing tenants, showings will be scheduled upon an accepted offer only.
  • Listed by: Jonathan E Foukes 586.405.2327 JFoukes@gmail.com Brokerage DRE #6504393425 • Move Realty LLC
Listing closed: 07/09/2026 12:00 AM • Source: Realcomp, MLS#: 20261010122

Location

Listing Courtesy of Move Realty LLC

Sold By Move Realty LLC

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Payment Calculator

$2,552 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,850

Property Taxes

$702

HOA Dues

$0

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Property Information for 224 Chandler Street

Property Details
  • Taxes: $8,427 / year
  • MLS Type: Residential Income / Multi Family
  • Subdivision Name: A/P # 02 Romeo/Bruce
  • Architectural Style: Quadruplex
  • Waterfront: No
  • Zoning Description: Multi Family, Residential
  • Senior Community: No
Building Information
  • Residences: 4
  • Year Built: 1950
  • Lot Size: 0.18 AC / 7,840 SF
Summary
Location and General Information
  • Directions: West of Main St North side of Saint Clair
  • Latitude: 42.803212
  • Longitude: -83.01925
  • Cross Street: West of Main St North side of Saint Clair
  • MLS Area Major: Romeo (50000)
Taxes and HOA
  • Parcel Number: 0135352011
  • Tax Amount Summer: $7,810.00
  • Tax Amount Winter: $617.19
  • Tax Annual Amount: $8,427.19
  • Tax Assessed Value: $143,600.00
  • Tax Legal Description: T5N R12E SEC 35 ASSESSOR PLAT NO 2 A PART OF LOT 22 DESC AS; BEG AT A PTE ON W LINE LOT 22 N00*08'E 175.52 FT FR SW COR LOT 22; TH EXT N00*E 120.70 FT ALG W LINE LOT 22; TH N88*47'05"E 66.0 FT ALG N LINE OF LOT 22; TH S00*07'52"W 121.74 FT ALG E LINE LOT 22; TH S89*41'W 66.0 FT TO POB. VILLAGE OF ROMEO MANATRON #: 043-502-022-20
School Information
  • High School District: Romeo
Parking
  • Parking Total: 6.0
  • Attached Garage: No
  • Garage: No
  • Parking Features: Parking Lot, On Street, Paved
Property
Lot Information
  • Lot Size Acres: 0.18
  • Lot Size Dimensions: 120X66
  • Lot Size Units: Acres
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 184500.0
  • Living Area: 2366.0
  • Building Area Total: 2366.0
  • Above Grade Finished Area: 2366.0
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Total Area: 1400.0
  • Class Name: Residential Income
  • Living Area Source: Public Records
  • New Construction: No
  • Year Built: 1950
Building Features
  • Construction Materials: Aluminum Siding, Brick
  • Foundation Details: Basement, Poured
  • Levels: Two
  • Roof: Asphalt
  • Stories Total: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Community
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 4.0
  • Basement: Full, Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Has Cooling: No
  • Fireplace: No
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • UnitOneBedNumberOf: 4
Exterior Features
  • Patio And Porch Features: Deck, Patio
Multi Family
Multi Family Information
  • Number of Units Leased: 4
  • Number of Units Total: 4
Income & Expenses
  • Gross Scheduled Income: $40,980.00
  • Net Operating Income: $26,827.00
  • Operating Expense: $14,152.00
Unit Information
Unit 1
  • Actual Rent: $1,175.00
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
  • Total Units: 1.0
Unit 2
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
  • Total Units: 1.0
Unit 3
  • Actual Rent: $650.00
  • Total Bathrooms: 1
  • Sq Ft: 550.0
  • Type: Studio
  • Total Units: 1.0
Unit 4
  • Actual Rent: $650.00
  • Total Bathrooms: 1
  • Sq Ft: 550.0
  • Type: Studio
  • Total Units: 1.0
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $3,415.00
  • Existing Lease: Yes
  • Pets Allowed: Yes
  • Rent Includes: Maintenance On Site, Sewer, Trash Collection, Water, Yard Maintenance

Property History for 224 Chandler Street

DateEvent & SourcePriceAppreciation
Jul 9, 2026

Sold (Public Record)

Public Record #1944821499

$358,000

+10.4% / yr

Jul 9, 2026

Sold

MiRealSource #60970377

$358,000
Jul 9, 2026

Sold

Realcomp #20261010122

$358,000
DateEvent & SourcePrice
07/09/2026

Sold (Public Record)

Public Record #1944821499

$358,000

+10.4% / yr

07/09/2026

Sold

MiRealSource #60970377

$358,000
07/09/2026

Sold

Realcomp #20261010122

$358,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 224 Chandler Street

Taxable ValueLand-Additions-Total-
Tax Record2025$6,367 ($531 / month)
Home Facts
Beds0Baths4Total Finished SqFt2,366 SqFtAbove Grade Finished SqFt2,366 SqFtUnfinished Basement SqFt1,400 SqFtStories1Lot Size7,928 SqFtStyleSingle Family ResidenceYear Built1950Year Renovated1950ZoningR-1 VLG CKCountyMACOMBAPN27-01-35-352-011

Schools near 224 Chandler Street

This home is within Romeo Community Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Amanda Moore Elementary School
PublicK to 5

Romeo Middle School
Public6 to 8

Romeo High School
Public9 to 12

Romeo Engineering Technology Center
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 224 Chandler Street, Romeo, MI 48065
$358,000
4
2,366
7,840
$199,000
1
600
$295,000
4
2,650
10,764
$84,000
3
1,132
4,791
$136,000
3
2,064
11,550
$275,000
3
2,776
16,988

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Move Realty LLC

IDX provided courtesy of Realcomp II Ltd. via Compass and its related brokerages. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate properties on this website was last updated on 07/09/2026 02:59 PM PST