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$699,900 for Sale

3550 montclair, detroit, MI 48214

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Property Description
**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 located 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
General Information
Sale Price: $699,900
Price/SqFt: $64
Status: Active
MLS#: 288
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: hendries (plats)
Acres: 0.23
Lot Dim: 58.5X172.83
Bedrooms:0
Bathrooms:16   (16 full, 0 half)
Size: 10,944 sq.ft.
Acreage: 0.23 est.
Year Built: 1925
Features & Room Sizes
Basement:  No
Heating:  Radiant,Steam
Tax, Fees & Legal
Est. Summer Taxes:  $8,130
Est. Winter Taxes:  $10,005


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Ryan Kain of RE/MAX Leading Edge

This listing last updated: Wed, March 18, 2026 at 11:40:59 AM EDT

MIRealSource Listing Data Last Updated On Monday, April 6 2026 at 5:45pm
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Listings presented by:
Ryan Kain
RE/MAX Leading Edge
Call: (734) 626-7815

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