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224 Chandler Street, 
Romeo, MI 48065

$460,000


Bed


4

Baths


2,366

Sq Ft


Multi-Family

Active

Listed by

Jonathan E Foukes

Move Realty LLC.

586-405-2327

Last updated:

March 9, 2026, 10:04 AM

MLS#

20261010122

Source:

MI REALCOMP

About This Home

224 Chandler Street

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 $3,475 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.

Home Facts

Multi-Family

4 Baths

Built in 1950

Price Summary

460,000

$194 per Sq. Ft.

MLS #:

20261010122

Last Updated:

March 9, 2026, 10:04 AM

Added:

20 day(s) ago


Rooms & Interior

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

2,366 Sq. Ft.


Structure

Structure

Architectural Style:

Quadruplex

Year Built:

1950


Lot

Lot Size (Sq. Ft):

7,840


Finances & Disclosures

Finances

Price:

$460,000

Price per Sq. Ft:

$194 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.