2398 Stair Street, Detroit, MI 48209
Local realty services provided by:ERA Prime Real Estate Group
2398 Stair Street,Detroit, MI 48209
$315,000
- 8 Beds
- 3 Baths
- 3,024 sq. ft.
- Single family
- Active
Listed by: valbona vulaj
Office: golden key realty group llc.
MLS#:20261063681
Source:MI_REALCOMP
Price summary
- Price:$315,000
- Price per sq. ft.:$104.17
About this home
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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Home facts
- Year built:1922
- Subdivision & Development:BURNS SUB OF PT LT 7 SUB PC 60 S OF DIX ROAD
- Listing ID #:20261063681
- Added:13 day(s) ago
- Updated:October 01, 2026 at 10:13 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:3
- Half bathrooms:1
- Rooms Total:8
- Basement Description:Finished
- Living area:3,024 sq. ft.
Heating and cooling
- Cooling:Central Air, Window Units
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Asphalt
- Year built:1922
- Building area:3,024 sq. ft.
- Lot area:0.08 Acres
- Architectural Style:Colonial
- Construction Materials:Aluminum Siding, Brick
- Exterior Features:Balcony, Porch
- Foundation Description:Basement, Block
- Levels:Two
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$315,000
- Price per sq. ft.:$104.17
- Tax amount:$5,223
Features and amenities
- Appliances:Free Standing Gas Range, Free Standing Refrigerator, Microwave, Washer/Dryer Stacked
Parking
- Parking description:No Garage
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