242 E Palmer St Unit 4 Detroit, MI 48202
Cultural Center NeighborhoodEstimated payment $1,669/month
Highlights
- Balcony
- Garage
- Fenced
- Forced Air Heating and Cooling System
- High Speed Internet
- 5-minute walk to Peck Park
About This Home
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.
Listing Agent
Berkshire Hathaway HomeServices The Loft Warehouse License #6501368881 Listed on: 08/07/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
Year Built
- Built in 1920
HOA Fees
- $350 per month
Parking
- Garage
Home Design
- 944 Sq Ft Home
- Brick Exterior Construction
- Brick Foundation
- Slab Foundation
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Outdoor Features
- Balcony
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- High Speed Internet
- Cable TV Available
Additional Features
- Fenced
- Mid level unit with steps
Listing and Financial Details
- Assessor Parcel Number W01I001534S004
Community Details
Overview
- Wayne County Condo Plan No 888 Subdivision
Pet Policy
- Call for details about the types of pets allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $254 | $8,700 | $0 | $0 |
| 2024 | $252 | $8,700 | $0 | $0 |
| 2023 | $245 | $8,700 | $0 | $0 |
| 2022 | $265 | $8,700 | $0 | $0 |
| 2021 | $257 | $8,700 | $0 | $0 |
| 2020 | $497 | $8,700 | $0 | $0 |
| 2019 | $252 | $6,700 | $0 | $0 |
| 2018 | $214 | $6,700 | $0 | $0 |
| 2017 | $52 | $6,700 | $0 | $0 |
| 2016 | $480 | $81,900 | $0 | $0 |
| 2015 | $270 | $2,700 | $0 | $0 |
| 2013 | -- | $2,683 | $0 | $0 |
| 2010 | -- | $2,683 | $2,682 | $1 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/10/2026 08/10/26 | For Sale | $229,500 | 0.0% | $243 / Sq Ft | |
| 03/01/2023 03/01/23 | Rented | $1,550 | 0.0% | -- | |
| 02/10/2023 02/10/23 | Under Contract | -- | -- | -- | |
| 01/13/2023 01/13/23 | Price Changed | $1,550 | -3.1% | $2 / Sq Ft | |
| 10/04/2022 10/04/22 | For Rent | $1,600 | +10.3% | -- | |
| 04/14/2021 04/14/21 | Rented | $1,450 | -3.3% | -- | |
| 04/13/2021 04/13/21 | Under Contract | -- | -- | -- | |
| 03/03/2021 03/03/21 | Price Changed | $1,500 | -3.2% | $2 / Sq Ft | |
| 10/01/2020 10/01/20 | For Rent | $1,550 | 0.0% | -- | |
| 12/09/2014 12/09/14 | Sold | $160,000 | -3.0% | $169 / Sq Ft | View Prior Sale |
| 10/17/2014 10/17/14 | Pending | -- | -- | -- | |
| 08/25/2014 08/25/14 | For Sale | $165,000 | -- | $175 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $160,000 | Liberty Title | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $112,000 | Adjustable Rate Mortgage/ARM |
Source: Realcomp
MLS Number: 20261062453
APN: 01-001534-004
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Ask me questions while you tour the home.