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3550 Montclair Street

Detroit, Michigan 48214
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Bed 16

Bed

Bath 16

Bath

SqFt10,944

Sqft

Acres0.23

Acre(Lot)

**INVESTORS** This is your opportunity to add an updated 16 unit brick apartment building to your portfolio! The property has 7 of the 16 units occupied! The property was significantly updated in 2022, with updates including all-new windows, a new roof, 2 new boilers and HWTs, some updated electrical and plumbing, 5 of the 16 units were completely remodeled w/ updated kitchens and bathrooms, and the remaining 11 have had rental turnovers completed! Best of all, this is both a turn-key and value add property, as the front half of the basement has space to add 4 units and has been gutted in preparation for the new owner to begin the work. Each unit's electricity and cooking gas are metered separately while the owner pays for heating, common area electric, and water. The property is also loca ted a few blocks away from Chrysler/Stellantis's new auto manufacturing plant which is expected to have a positive economic impact on the surrounding areas. Transfers will be subject to reporting when buyers use entities or trusts to take title to residential real estate, when the transaction is all-cash, privately financed, or HELOC.

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Detail Ic Property Details

Property Type : Multifamily

Price : $624,900

AD Id : 66879247

MLS Id : 20251033366

Beds : 16

Lot Size : 0.23 Acre

Living Area Size : 10,944

Year Built : 1925

Garage : On Street,Unassigned

County : Wayne

Subdivision: Hendries (plats)

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Feature Features

  • Bathroom Information

    Total Baths: 16 Full Baths: 16
  • Interior Features

    Cable Available,Circuit Breakers,Laundry Facility Roof: Asphalt,Other Basement Description: Unfinished,Common
  • Heating & Cooling

    Heating: Radiant,Steam Heating Fuel: Natural Gas

  • Building Information

    Year Built: 1925 Building Stories: 3 Story Total Units: 16 Roof: Asphalt,Other Foundation/Basement: Basement Architecture: Common Entry Building,Other
  • Exterior Features

    Construction: Brick
  • Utility Features

    Sewer: Sewer (Sewer-Sanitary)
  • Water

    Public (Municipal)

  • Lot Information

    Lot Size: 0.23 Lot Dimensions: 58.5X172.83 Frontage Feet: 59
  • Property Information

    SQ ft: 10944 Subdivision: HENDRIES (PLATS) Financing: Cash,Conventional,Warranty Deed

  • Listing Price Information

    Original List Price: $749,900
  • Listing Information

    Possession: Subject To Tenant Rights Legal Description: E MONTCLAIR N 13.5 FT 441 440 S 15 FT 439 HENDRIES SUB L25 P38 PLATS, W C R 21/528 58.5 X 172.83A

  • Tax Information

    Annual Tax: $18,135 Parcel Number: W21I040671S
  • Possession

    Subject To Tenant Rights
  • Legal Information

    Legal Description: Section: E MONTCLAIR N 13.5 FT 441 440 S 15 FT 439 HENDRIES SUB L25 P38 PLATS, W C R 21/528 58.5 X 172.83A

  • Unit 1 Information

    # of Bedrooms: 16

  • School Information

    School District: Detroit
  • Utility Information

    Water: Public (Municipal) Sewer: Sewer (Sewer-Sanitary)
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4840 Saint Clair Street , Detroit, MI, 48214 $130,000 4 2 2,062 2,062 SqFt
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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 06/20/2026 @ 12:45

MLS: 20251033366 LISTED BY: Ryan E Kain , RE/MAX Leading Edge 734-404-8800 SOURCE: Realcomp II Ltd

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