**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.
For sale
Price cut: $25K (6/22)
$599,900
3550 Montclair St, Detroit, MI 48214
16beds
10,944sqft
Multi Family
Built in 1925
-- sqft lot
$587,700 Zestimate®
$55/sqft
$-- HOA
What's special
New roofAll-new windows
- 351 days |
- 487 |
- 39 |
Zillow last checked:
Listing updated:
Listed by:
Ryan E Kain 313-277-7777,
RE/MAX Leading Edge 734-404-8800
Source: Realcomp II,MLS#: 20251033366
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: 351 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Warranty Deed
Estimated market value
Zestimate®
$587,700
Estimated sales range
$558,000 - $617,000
Rent Zestimate®
$909/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Price change | $599,900-4%$55/sqft |
Source: | ||
| 6/2/2026 | Price change | $624,900-3.8%$57/sqft |
Source: | ||
| 5/17/2026 | Price change | $649,900-3.7%$59/sqft |
Source: | ||
| 4/15/2026 | Price change | $674,900-3.6%$62/sqft |
Source: | ||
| 2/17/2026 | Price change | $699,900-6.7%$64/sqft |
Source: | ||
| 9/5/2025 | Listed for sale | $749,900-16.7%$69/sqft |
Source: | ||
| 3/26/2024 | Listing removed | -- |
Source: | ||
| 12/13/2023 | Price change | $899,900-2.7%$82/sqft |
Source: | ||
| 10/30/2023 | Price change | $924,900-5.1%$85/sqft |
Source: | ||
| 10/10/2023 | Listed for sale | $974,900+2.6%$89/sqft |
Source: | ||
| 4/28/2023 | Listing removed | -- |
Source: | ||
| 4/12/2023 | Price change | $949,900-7.3%$87/sqft |
Source: | ||
| 2/17/2023 | Price change | $1,025,000-6.7%$94/sqft |
Source: | ||
| 11/3/2022 | Listed for sale | $1,099,000+57.2%$100/sqft |
Source: | ||
| 10/11/2021 | Listing removed | $699,000$64/sqft |
Source: | ||
| 7/14/2021 | Listed for sale | $699,000$64/sqft |
Source: | ||
| 7/1/2021 | Contingent | $699,000$64/sqft |
Source: | ||
| 6/10/2021 | Price change | $699,000-6.8%$64/sqft |
Source: | ||
| 3/20/2021 | Listed for sale | $750,000+9.5%$69/sqft |
Source: | ||
| 9/4/2020 | Listing removed | $685,000$63/sqft |
Source: KW Central #50019437 Report a problem | ||
| 9/2/2020 | Listed for sale | $685,000+24.5%$63/sqft |
Source: KW Central #50019437 Report a problem | ||
| 8/20/2020 | Sold | $550,000-19.7%$50/sqft |
Source: | ||
| 8/14/2020 | Pending sale | $685,000$63/sqft |
Source: Keller Williams Realty Central #50019437 Report a problem | ||
| 8/4/2020 | Listed for sale | $685,000+5.4%$63/sqft |
Source: Keller Williams Realty Central #50019437 Report a problem | ||
| 5/21/2019 | Listing 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.Climate risks
Neighborhood: East Village
Nearby schools
GreatSchools rating
- 4/10Hutchinson Elementary-Middle SchoolGrades: PK-8Distance: 0.5 mi
- 3/10Southeastern High SchoolGrades: 9-12Distance: 0.3 mi
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