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For sale
    • $315,000

    2398 Stair St, Detroit, MI 48209

    8beds
    3,024sqft
    : 
    $2,861/mo
    Get pre-qualified
    Single Family Residence
    Built in 1922
    3,484 Square Feet Lot
    $308,700 Zestimate®
    $104/sqft
    $-- HOA

    What's special

    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!
    24 days
    350
    22

    Zillow last checked:

    Listing updated:

    Listed by:

    Valbona Vulaj 248-622-3249,

    Golden Key Realty Group LLC 248-422-6962

    Source: Realcomp II,MLS#: 20261063681MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Entry
      • Area: 120
      • Dimensions: 10 X 12
      Primary bedroom
      • Level: Second
      • Area: 120
      • Dimensions: 10 X 12
      Primary bedroom
      • Level: Basement
      • Area: 132
      • Dimensions: 12 X 11
      Bedroom
      • Level: Entry
      • Area: 110
      • Dimensions: 10 X 11
      Bedroom
      • Level: Second
      • Area: 110
      • Dimensions: 10 X 11
      Bedroom
      • Level: Entry
      • Area: 110
      • Dimensions: 10 X 11
      Bedroom
      • Level: Second
      • Area: 110
      • Dimensions: 10 X 11
      Bedroom
      • Level: Basement
      • Area: 110
      • Dimensions: 10 X 11
      Primary bathroom
      • Level: Entry
      • Area: 48
      • Dimensions: 8 X 6
      Primary bathroom
      • Level: Second
      • Area: 48
      • Dimensions: 8 X 6
      Primary bathroom
      • Level: Basement
      • Area: 48
      • Dimensions: 8 X 6
      Other
      • Level: Second
      • Area: 30
      • Dimensions: 5 X 6
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Window Units
      Appliances
      • Included: Free Standing Gas Range, Free Standing Refrigerator, Microwave, Washer Dryer Stacked
      Features
      • Basement: Finished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 3,024 sqft
      • Finished area above ground: 2,016
      • Finished area below ground: 1,008

      Property

      Parking
      • Parking features: No Garage
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: GroundLevelwSteps
      • Patio & porch: Porch
      • Exterior features: Balcony
      • Pool features: None
      Lot
      • Size: 3,484 Square Feet
      • Dimensions: 30 x 110
      Details
      • Parcel number: W18I010029S
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Aluminum Siding, Brick
      • Foundation: Basement, Block
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1922
      • Major remodel year: 2024

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: BURNS SUB OF PT LT 7 SUB PC 60 S OF DIX ROAD
      HOA
      • Has HOA: No
      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $104/sqft
      • Tax assessed value: $47,100
      • Annual tax amount: $5,223
      • Date on market: 9/17/2026
      • Cumulative days on market: 24 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,Va Loan

        Estimated market value

        $308,700

        $293,000 - $324,000

        $1,151/mo

        Price history

        DateEventPrice
        9/17/2026Listed for sale$315,000+3.4%$104/sqft
        Source: Realcomp II #20261064156 Report a problem
        7/6/2026Listing removed$999
        Source: Zillow Rentals Report a problem
        6/25/2026Price change$999-9.2%
        Source: Zillow Rentals Report a problem
        6/3/2026Price change$1,100-8.3%
        Source: Zillow Rentals Report a problem
        5/26/2026Listed for rent$1,200
        Source: Zillow Rentals Report a problem
        2/6/2026Sold$304,500+1.5%$101/sqft
        Source: Realcomp II #20251044466 Report a problem
        1/22/2026Pending sale$300,000$99/sqft
        Source: Realcomp II #20251044466 Report a problem
        1/9/2026Price change$300,000-7.7%$99/sqft
        Source: Realcomp II #20251044466 Report a problem
        12/22/2025Price change$325,000-7.1%$107/sqft
        Source: Realcomp II #20251044466 Report a problem
        12/5/2025Price change$350,000-1.4%$116/sqft
        Source: Realcomp II #20251044466 Report a problem
        11/18/2025Price change$355,000+0.3%$117/sqft
        Source: Realcomp II #20251044466 Report a problem
        11/12/2025Price change$354,000-1.4%$117/sqft
        Source: Realcomp II #20251044466 Report a problem
        11/11/2025Price change$359,000-1.6%$119/sqft
        Source: Realcomp II #20251044466 Report a problem
        10/21/2025Listed for sale$365,000+3550%$121/sqft
        Source: Realcomp II #20251044466 Report a problem
        10/10/2006Sold$10,000$3/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $32,400 +28.1%
        2024-- $25,300 +14.5%
        2023-- $22,100 +22.1%
        2022-- $18,100 +13.1%
        2021-- $16,000
        2020$1,899 +53.2%$16,000 +30.1%
        2019$1,239 $12,300 +18.3%
        2018$1,239 $10,400 +2%
        2017-- $10,200 -38.9%
        2016$1,344 $16,700
        2015$1,344 -1.1%$16,700 -10%
        2013$1,359 +1.1%$18,559 -30.2%
        2010$1,344 $26,591 -12%
        2009-- $30,217 -10.5%
        2008-- $33,762
        2007-- $33,762 +5.5%
        2005$136 $32,002 +3%
        2004-- $31,070
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Springwells

        Getting around

        73 / 100
        Very Walkable
        38 / 100
        Some Transit
        76 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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