$315,000 for Sale
2398 stair street,
detroit,
MI
48209
| Beds 8 | Baths 4 | 2,016 Sqft | 0.08 Acres |
|
1 of 30 |
Property Description
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!
General Information
Sale Price: $315,000
Price/SqFt: $156
Status: Active
MLS#: 20261063681
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: burns sub of pt lt 7 sub pc 60 s of dix road
Acres: 0.08
Lot Dimen: 30X110
Bedrooms:8
Bathrooms:4 (3 full, 1 half)
House Size: 2,016 sq.ft.
Acreage: 0.08 est.
Year Built: 1922
Property Type: Single Family
Style: Colonial
Features & Room Sizes
Bedroom 1:
Bedroom 2:
Bedroom 3:
Bedroom 4:
Family Room:
Greatroom:
Dining Room:
Kitchen:
Livingroom:
Pole Buildings:
Paved Road: Paved
Garage: No Garage
Construction: Aluminum,Brick
Exterior: Aluminum,Brick
Basement: Yes
Basement Description: Finished
Foundation: Basement
Appliances: Free-Standing Gas Range,Free-Standing Refrigerator,Microwave,Washer/Dryer Stacked
Cooling: Central Air,Window Unit(s)
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $2,378
Est. Winter Taxes: $2,845
Legal Description: E STAIR 152 BURNS SUB L14 P65 PLATS, W C R 18/195 30 X 110
IDX provided courtesy of Realcomp II Ltd. via Heritage Real Estate Michigan and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders
Listing By: Valbona Vulaj of Golden Key Realty Group LLC, Phone: (248) 422-6962
