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About this home
Fantastic Investment Opportunity in Historic Downtown Chelsea! Don't miss this exciting opportunity to own a home full of character and potential for under $200,000 in the heart of historic Chelsea! Located in the award-winning Chelsea School District, this turn-of-the-century home offers an incredible opportunity for investors, renovators, or buyers looking to build equity and make a home their own. Featuring 1,176 square feet above grade, 3 spacious bedrooms, and 1.5 bathrooms, this property offers a solid foundation for your vision. Enjoy the charm of hardwood flooring throughout much of the first floor, classic oak kitchen cabinetry, and an inviting front porch overlooking historic Chelsea. Situated on a generous quarter-acre lot, the property also features a backyard garden area, a detached one-car garage, and a full basement offering additional storage and potential. A modern electrical panel is already in place, providing a valuable starting point for future improvements. Whether you're looking to renovate and resell, add a property to your investment portfolio, or create a charming home with built-in equity potential, this property presents an opportunity to unlock value in a desirable community. Affordable entry price. Historic charm. Room to add value. Bring your ideas and imagination to make this Chelsea property shine! The home is being sold as is. All appliances are included. Don't miss your chance to explore the possibilities in a sought-after location close to downtown Chelsea shopping, dining, and community amenities. This is an "AS-IS" sale and no repairs will be made.
Single-familyProperty Type
1900Year Built
10,672 sq ftLot Size
$170Price/Sq.Ft.
1 car garageParking
Listed by Rick Taylore Taylor• The Charles Reinhart Company
Fantastic Investment Opportunity in Historic Downtown Chelsea! Don't miss this exciting opportunity to own a home full of character and potential for under $200,000 in the heart of historic Chelsea! Located in the award-winning Chelsea School District, this turn-of-the-century home offers an incredible opportunity for investors, renovators, or buyers looking to build equity and make a home their own. Featuring 1,176 square feet above grade, 3 spacious bedrooms, and 1.5 bathrooms, this property offers a solid foundation for your vision. Enjoy the charm of hardwood flooring throughout much of the first floor, classic oak kitchen cabinetry, and an inviting front porch overlooking historic Chelsea. Situated on a generous quarter-acre lot, the property also features a backyard garden area, a detached one-car garage, and a full basement offering additional storage and potential. A modern electrical panel is already in place, providing a valuable starting point for future improvements.
REALCOMP #81026057730
Oct 30, 2026
Listed
$199,900
$170/sq ft
+49
Fantastic Investment Opportunity in Historic Downtown Chelsea! Don't miss this exciting opportunity to own a home full of character and potential for under $200,000 in the heart of historic Chelsea! Located in the award-winning Chelsea School District, this turn-of-the-century home offers an incredible opportunity for investors, renovators, or buyers looking to build equity and make a home their own. Featuring 1,176 square feet above grade, 3 spacious bedrooms, and 1.5 bathrooms, this property offers a solid foundation for your vision. Enjoy the charm of hardwood flooring throughout much of the first floor, classic oak kitchen cabinetry, and an inviting front porch overlooking historic Chelsea. Situated on a generous quarter-acre lot, the property also features a backyard garden area, a detached one-car garage, and a full basement offering additional storage and potential. A modern electrical panel is already in place, providing a valuable starting point for future improvements. Whether you're looking to renovate and resell, add a property to your investment portfolio, or create a charming home with built-in equity potential, this property presents an opportunity to unlock value in a desirable community. Affordable entry price. Historic charm. Room to add value. Bring your ideas and imagination to make this Chelsea property shine! The home is being sold as is. All appliances are included. Don't miss your chance to explore the possibilities in a sought-after location close to downtown Chelsea shopping, dining, and community amenities. This is an "AS-IS" sale and no repairs will be made.
Year
Property tax
Land + Additions
Assessment*
2025
$3,236 (+115.8%)
2024
$1,500 (−47.8%)
2021
$2,870 (+1.3%)
2020
$2,833 (+2.5%)
2019
$2,765 (+3.1%)
2018
$2,682
Public record
Beds
2
Baths
1
Stories
—
Lot width
—
Lot depth
—
Lot size
1 Acre
Year renovated
—
Finished Sq. Ft.
1,176
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,176
Year built
1900
Style
Single Family Residential
County
Washtenaw County
APN
06-06-12-109-006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 16, 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 97° 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
65
43
49
35
35
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
86/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 205 Railroad St
$199,960
$60 over list price of $200K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $182K to $395K.