Prime Downtown Chelsea Investment Opportunity! Unleash your creativity on this charming ranch, perfectly situated in the heart of walkable downtown Chelsea. Tucked away on a generous lot backing to private woods, this property offers the ultimate blend of town living and secluded privacy with no rear neighbors. Brimming with renovation potential, this home is a blank canvas waiting for a buyer with the vision to restore its historic character. The layout features original hardwood floors, classic oak trim, a marble fireplace, an eat-in kitchen with a farmhouse sink, and two main-floor bedrooms. Outside, you'll find a detached garage and a unique backyard stone fireplace ready to be transformed into an incredible outdoor entertaining spot. The property is being sold as-is, cash only—bring your ideas and unlock its full potential!
Single-familyProperty Type
1900Year Built
8,712 sq ftLot Size
$175Price/Sq.Ft.
1 car garageParking
Listed by Nathan Zander• The Charles Reinhart Company
Listed by Matthew McKernan• The Charles Reinhart Company
Prime Downtown Chelsea Investment Opportunity! Unleash your creativity on this charming ranch, perfectly situated in the heart of walkable downtown Chelsea. Tucked away on a generous lot backing to private woods, this property offers the ultimate blend of town living and secluded privacy with no rear neighbors. Brimming with renovation potential, this home is a blank canvas waiting for a buyer with the vision to restore its historic character. The layout features original hardwood floors, classic oak trim, a marble fireplace, an eat-in kitchen with a farmhouse sink, and two main-floor bedrooms. Outside, you'll find a detached garage and a unique backyard stone fireplace ready to be transformed into an incredible outdoor entertaining spot. The property is being sold as-is, cash only--bring your ideas and unlock its full potential!
SW Michigan MLS #1
Aug 19, 2026
Price Changed
$175,000
$204/sq ft
REALCOMP #81026041895
Aug 28, 2026
Listing Removed
—
Aug 27, 2026
Contingent
—
Aug 19, 2026
Price Changed
$175,000
$204/sq ft
Aug 12, 2026
Listed
$199,900
$234/sq ft
MiRealSource-MiMLS #70551553
Aug 28, 2026
Listing Removed
—
Aug 27, 2026
Contingent
—
Aug 19, 2026
Price Changed
$175,000
$204/sq ft
Aug 12, 2026
Listed
$199,900
$234/sq ft
Public Records
Sep 9, 2003
Sold
$142,000
$166/sq ft
Public Records
Jul 3, 2001
Sold
$115,000
$134/sq ft
Public Records
Mar 3, 1999
Sold
$92,000
$107/sq ft
Public Records
Oct 27, 1995
Sold
$70,000
$82/sq ft
Public Records
Sep 27, 1990
Sold
$49,900
$58/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,354 (+116.2%)
2024
$1,551 (−47.8%)
2021
$2,973 (+1.3%)
2020
$2,935 (+2.5%)
2019
$2,864 (+2.8%)
2018
$2,786
Public record
Beds
2
Baths
1
Stories
—
Lot width
60 ft.
Lot depth
150 ft.
Lot size
9,148 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
856
Unfinished Sq. Ft.
—
Total Sq. Ft.
856
Year built
1900
Style
Single Family Residential
County
Washtenaw County
APN
06-07-07-250-008
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 98° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Chelsea, MI • 48118
Average low and high temperatures (°F)
28
14
35
18
52
31
61
40
67
48
80
59
84
64
79
58
77
52
66
43
49
35
35
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.6 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 119 Madison St
$160,823
$11K over list price of $150K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $251K to $395K.