LKV Realty
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$229,500
$1,150Reward *
242 E Palmer Street Unit 4, Detroit, MI 48202 3832Listing ID 61019135

242 E Palmer Street Unit 4, Detroit, MI 48202 3832

Active
Wayne County Condo Plan No 888 (Lancaster Lofts)
Time on site: 10 daysLast updated: Aug 10, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Condominium
Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
1
Square Feet
Square Feet
944
Days on Site
Days on Site
10
Cooling
Cooling
Central Air
Heating
Heating
Natural Gas, Forced Air
Year Built
Year Built
1920
Stories
Stories
1
Garages
Garages
1

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.

Property Information

Property Details

Location

Address
242 E Palmer Street
County
Wayne
City
Detroit
Zip Code
48202 3832
Subdivision
Wayne County Condo Plan No 888 (Lancaster Lofts)
School District
Detroit City School District
MLS Area
Detroit (82001)
Berkshire Hathaway HomeServices The Loft Warehouse, (313) 658-6400

Interior Features

Beds and Baths

Bedrooms
2
Full Bathrooms
1

Building

Building Information

Square Feet
944
Year Built
1920
Stories
1
Construction
Brick
Foundation
Slab

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$286

Homeowner Association

HOA Fee
$350
HOA Fee Frequency
Monthly

Market Report for 48202 3832

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MiRealSource
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Originating MLS: MiRealSource

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource,Inc.

For corrections to this data please contact Brytecore MLS Support.

RC368881