Two-story facade with stone-finish siding, dual covered balconies with dark railings, and a prominent front entrance with dual doors
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2398 Stair Street

Detroit, Michigan 48209
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$315,000 $1,328/Mo
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Bed 8

Bed

Bath 3.5

Bath

SqFt2,016

Sqft

Acres0.08

Acre(Lot)

Turnkey investment opportunity in Detroit! This updated 3-unit multifamily property offers a desirable unit mix consisting of two spacious 3-bedroom, 2-bath units and one 2-bedroom, 1-bath unit. The two 3-bedroom units are currently occupied and generating a combined $2,650 per month, while the 2-bedroom unit is currently vacant, providing an opportunity for the new owner to place a tenant and increase the property's rental income. The property has been thoughtfully updated with modern finishes and features several major improvements, including a new roof (2024) and new furnace (2024). Additional features include a finished basement and finished attic, offering extra usable space and versatility. With existing rental income, additional upside from the vacant unit, and tenants paying their own utilities, this property is well positioned for an investor looking for an income-producing multifamily asset with room to grow. Conveniently located with easy access to major roadways and Detroit amenities. Two units producing income from day one with the opportunity to further maximize cash flow — don't miss this one!

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Detail Ic Property Details

Property Type : Residential

Price : $315,000

AD Id : 91309648

MLS Id : 20261063681

Beds : 8

Lot Size : 0.08 Acre

Living Area Size : 2,016 Sq. Ft

Tax Amount : $5,223

Year Built : 1922

Garage : No Garage

County : Wayne

Subdivision: Grand River Lakes Colony - Brighton

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Feature Features

  • Bedroom Information

    Total Bedrooms: 8

    Bathroom Information

    Total Baths: 3.5 Full Baths: 3 Half Baths: 1

  • Room Information

    Total Rooms: 12 Porches: Balcony,Porch

    Interior Features

    Roof: Asphalt Basement Description: Finished Appliances: Free-Standing Gas Range,Free-Standing Refrigerator,Microwave,Washer/Dryer Stacked

  • Heating & Cooling

    Cooling: Central Air,Window Unit(s) Heating: Forced Air Heating Fuel: Natural Gas

    Water Heater

    Natural Gas

  • Building Information

    Year Built: 1922 Building Stories: 2 Story Roof: Asphalt Foundation/Basement: Basement Architecture: Colonial

  • Exterior Features

    Construction: Aluminum,Brick

  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)

  • Water

    Public (Municipal) Water Heat: Natural Gas

  • Lot Information

    Lot Size: 0.08 Lot Dimensions: 30X110 Frontage Feet: 30

  • Property Information

    SQ ft: 2016 Subdivision: Burns Sub Of Pt Lt 7 Sub Pc 60 S Of Dix Road Financing: Cash,Conventional,FHA,VA

  • Listing Price Information

    Original List Price: $315,000

  • Listing Information

    Possession: At Close Legal Description: E STAIR 152 BURNS SUB L14 P65 PLATS, W C R 18/195 30 X 110

  • Tax Information

    Annual Tax: $5,223 Parcel Number: W18I010029S

  • Possession

    At Close

  • Legal Information

    Legal Description: Section: E STAIR 152 BURNS SUB L14 P65 PLATS, W C R 18/195 30 X 110

  • Parking Information

    Garage Size: No Garage

  • Multi-Unit Information

    Road Frontage: Paved

  • School Information

    School District: Detroit

  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
463 S Junction Street , Detroit, MI, 48209 $379,000 2 1 980 0.09 Acre
5827 Baker Street, Detroit, MI, 48209 $275,000 4 2 2,000 0.09 Acre
2351 Sharon Street , Detroit, MI, 48209 $179,900 3 1.5 1,254 0.06 Acre

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Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2026 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed and to participants of any data share partner MLS.

ByOwner last updated this listing 09/18/2026 @ 07:01

MLS: 20261063681 LISTED BY: Valbona Vulaj , Golden Key Realty Group LLC 248-422-6962 SOURCE: Realcomp II Ltd

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