3550 Montclair St, Detroit, MI 48214

Building Details

Year Built

1925

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

Listing date Mar 10, 2026

Source Elliman

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Overview

This 16-unit brick apartment building presents an investment opportunity. Seven of the sixteen units are currently occupied. Significant updates were completed in 2022, including new windows, a new roof, two new boilers and hot water tanks, and some updated electrical and plumbing systems. Five of the sixteen units have been completely remodeled with updated kitchens and bathrooms, while the remaining eleven units have undergone rental turnovers. 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 has separate electricity and cooking gas meters, while the owner is responsible for heating, common area electricity, and water. The property is located a few blocks away from the new Chrysler/Stellantis 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, a great addition to any portfolio.; Value‑add opportunity: **Basement space ready for 4 more units!**; Significant updates completed in 2022: new windows, roof, 2 new boilers and HWTs, updated electrical and plumbing.