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For sale
    • Price cut: $25K (6/22)
    $599,900

    3550 Montclair St, Detroit, MI 48214

    16beds
    10,944sqft
    : 
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    Multi Family
    Built in 1925
    -- sqft lot
    $594,600 Zestimate®
    $55/sqft
    $-- HOA

    What's special

    New roofAll-new windows
    **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 buyers use entities or trusts to take title to residential real estate, when the transaction is all-cash, privately financed, or HELOC.
    304 days
    |
    463
    |
    36
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ryan E Kain 313-277-7777,

    RE/MAX Leading Edge 734-404-8800

    Source: Realcomp II,MLS#: 20251033366MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 16
      • Bathrooms: 1
      • Full bathrooms: 16
      Heating
      • Natural Gas, Radiant, Steam
      Appliances
      • Laundry: Laundry Room
      Features
      • Basement: Common,Unfinished
      • Has fireplace: No
      Interior area
      • Total interior livable area: 10,944 sqft
      • Finished area above ground: 10,944

      Property

      Parking
      • Parking features: On Street, Unassigned
      Features
      • Levels: Three
      • Stories: 3
      • Pool features: None
      Lot
      • Size: 10,018 Square Feet
      • Dimensions: 58.5 x 172.83
      Details
      • Parcel number: W21I040671S
      • Zoning description: Commercial
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Common Entry Building,Other
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Basement, Brick Mortar
      • Roof: Asphalt,Other
      Condition
      • New construction: No
      • Year built: 1925
      • Major remodel year: 2022

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Subdivision: HENDRIES (PLATS)
      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $55/sqft
      • Tax assessed value: $198,700
      • Annual tax amount: $18,135
      • Date on market: 9/5/2025
      • Cumulative days on market: 304 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,Warranty Deed

        Estimated market value

        $594,600

        $565,000 - $624,000

        $946/mo

        Price history

        DateEventPrice
        6/22/2026Price change$599,900-4%$55/sqft
        Source: Realcomp II #20251033366 Report a problem
        6/2/2026Price change$624,900-3.8%$57/sqft
        Source: Realcomp II #20251033366 Report a problem
        5/17/2026Price change$649,900-3.7%$59/sqft
        Source: Realcomp II #20251033366 Report a problem
        4/15/2026Price change$674,900-3.6%$62/sqft
        Source: Realcomp II #20251033366 Report a problem
        2/17/2026Price change$699,900-6.7%$64/sqft
        Source: Realcomp II #20251033366 Report a problem
        9/5/2025Listed for sale$749,900-16.7%$69/sqft
        Source: Realcomp II #20251033366 Report a problem
        3/26/2024Listing removed--
        Source: Realcomp II #20230086230 Report a problem
        12/13/2023Price change$899,900-2.7%$82/sqft
        Source: Realcomp II #20230086230 Report a problem
        10/30/2023Price change$924,900-5.1%$85/sqft
        Source: Realcomp II #20230086230 Report a problem
        10/10/2023Listed for sale$974,900+2.6%$89/sqft
        Source: Realcomp II #20230086230 Report a problem
        4/28/2023Listing removed--
        Source: Realcomp II #20221057700 Report a problem
        4/12/2023Price change$949,900-7.3%$87/sqft
        Source: Realcomp II #20221057700 Report a problem
        2/17/2023Price change$1,025,000-6.7%$94/sqft
        Source: Realcomp II #20221057700 Report a problem
        11/3/2022Listed for sale$1,099,000+57.2%$100/sqft
        Source: Realcomp II #20221057700 Report a problem
        10/11/2021Listing removed$699,000$64/sqft
        Source: MiRealSource #50036788 Report a problem
        7/14/2021Listed for sale$699,000$64/sqft
        Source: Realcomp II #57050036788 Report a problem
        7/1/2021Contingent$699,000$64/sqft
        Source: Realcomp II #57050036788 Report a problem
        6/10/2021Price change$699,000-6.8%$64/sqft
        Source: MiRealSource #50036788 Report a problem
        3/20/2021Listed for sale$750,000+9.5%$69/sqft
        Source: MiRealSource #50036788 Report a problem
        9/4/2020Listing removed$685,000$63/sqft
        Source: KW Central #50019437 Report a problem
        9/2/2020Listed for sale$685,000+24.5%$63/sqft
        Source: KW Central #50019437 Report a problem
        8/20/2020Sold$550,000-19.7%$50/sqft
        Source: MiRealSource #50019437 Report a problem
        8/14/2020Pending sale$685,000$63/sqft
        Source: Keller Williams Realty Central #50019437 Report a problem
        8/4/2020Listed for sale$685,000+5.4%$63/sqft
        Source: Keller Williams Realty Central #50019437 Report a problem
        5/21/2019Listing removed$650,000$59/sqft
        Source: Keller Williams Realty Central #31366153 Report a problem

        Public tax history

        Tax history is unavailable.

        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: East Village

        Getting around

        38 / 100
        Car-Dependent
        43 / 100
        Some Transit
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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