3550 Montclair St, Detroit, MI 48214

Building Details

Year Built

1925

Listing office REMAX LEADING EDGE r***@gmail.com Show Phone

Listing date Nov 28, 2025

Source Elliman

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Overview

This is an updated 16-unit brick apartment building. Seven of the sixteen units are currently occupied. Significant updates were completed in 2022, including all-new windows, a new roof, two new boilers and hot water tanks, and some updated electrical and plumbing. Five of the sixteen units were completely remodeled with updated kitchens and bathrooms, and the remaining eleven units have had rental turnovers completed. The front half of the basement has space to add four 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 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.

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Skin Care Clinic Gym & Fitness Center Bar & Pub Bakery Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Detroit

County

Wayne

State

Michigan

Longitude

-82.9832

Latitude

42.3762

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FAQs

What type of property is this?

Apartment building - Updated 16-unit apartment building near Chrysler/Stellantis plant.

Where is this apartment building located?

The property is located at 3550 Montclair St Detroit, MI.

What is the asking price?

The asking price for this property is $599,900.

What are key features of this property?

This property features: Updated 16‑unit brick apartment building with significant renovations completed in 2022, including new windows, roof, boilers, and HWTs.; Value‑add opportunity to add 4 units in the gutted basement, increasing potential income.; Located near Chrysler/Stellantis's new auto manufacturing plant, potentially increasing tenant demand.