Historic Brick
For Sale
$30,000
1540 Saint Clair St, Detroit, MI 48214
Brick duplex built in 1911, sold as-is, offering restoration scope for an owner-occupant or investor buyer.
Property Size2,382 SF
Price / SF$12.59
Days on Market59
Property Features for 1540 Saint Clair St
General Information
Standard status
Active
Size
2,382 SF
Property subtype
Investment
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$181
Building Details
Building Size
2,382 SF
Year Built
1911
Units
2
Tenancy
Multi
Listing Agency:
SCS Great Lakes INC
(586) 210-3350
Listed By:
Erick Monzo
(586) 210-3350
Source:
Elliman
Added: Jun 24
Changed: Aug 10
Last Checked: Aug 20 at 9:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SCS Great Lakes INC
Investment Insights
Based on property information with market context.
This historic brick two-family property was built in 1911 and is being sold as-is. The structure is approximately 2,382 square feet and presents a restoration opportunity for an investor, developer, or owner-occupant seeking to renovate and reimagine the home.
The address is in Detroit’s East Village area, with access to destinations along Kercheval Avenue and proximity to the riverfront and the Belle Isle Park area. Reported mobility metrics show a somewhat bikeable environment (bikeScore 49) and car-dependent conditions (walkScore 47), with some transit availability (transitScore 46).
Because the property is offered as-is and requires purchaser verification of measurements, zoning, and development requirements, this offering is best suited to buyers prepared to manage renovation planning and compliance. The DLBA disclosure notes a right to tax capture for the five tax years after transfer, which may not align with tax abatements available to a selected purchaser; DLBA will review waiver requests and may require a payment in lieu of taxes based on the development proforma and financing impacts.
The address is in Detroit’s East Village area, with access to destinations along Kercheval Avenue and proximity to the riverfront and the Belle Isle Park area. Reported mobility metrics show a somewhat bikeable environment (bikeScore 49) and car-dependent conditions (walkScore 47), with some transit availability (transitScore 46).
Because the property is offered as-is and requires purchaser verification of measurements, zoning, and development requirements, this offering is best suited to buyers prepared to manage renovation planning and compliance. The DLBA disclosure notes a right to tax capture for the five tax years after transfer, which may not align with tax abatements available to a selected purchaser; DLBA will review waiver requests and may require a payment in lieu of taxes based on the development proforma and financing impacts.
Key Highlights
- Brick two‑family property built in 1911 with approximately 2,382 SF of total space
- Sold as‑is, offering restoration scope for an owner‑occupant or investor buyer
- DLBA disclosure: tax capture for the 5 tax years after ownership transfer; may be incompatible with certain tax abatements
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
332
Businesses Nearby
Explore this area
Business Placement
Demographics for 48214, MI
18,959
Population
13,279
Households
1.4
Avg Household Size
44
Median Age
27%
College-Educated
84%
High-School Grad
5.1 sq mi
ZIP Area
3,717
Density / Sq Mi
$34,807
Median Household Income
$36,625
Median Earnings
$818
Median Rent
$120,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Brick duplex built in 1911, sold as-is, offering restoration scope for an owner-occupant or investor buyer.
Where is this duplex located?
The property is located at 1540 Saint Clair St Detroit, MI.
What is the asking price?
The asking price for this property is $30,000.
What are key features of this property?
This property features: Brick two‑family property built in 1911 with approximately 2,382 SF of total space; Sold as‑is, offering restoration scope for an owner‑occupant or investor buyer; DLBA disclosure: tax capture for the 5 tax years after ownership transfer; may be incompatible with certain tax abatements
