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Updated 16-Unit Brick Apartment Building
For Sale
$599,900

3550 Montclair Street, Detroit, MI 48214

MULTI_FAMILY - Other - Detroit, MI

Property Size10,944 SF
Lot Size0.23 Acres
Price / SF$54.82
Days on Market335

Property Features for 3550 Montclair Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Commercial
Bedrooms 16
Bathrooms 16
Full bathrooms 16
Rooms Bathroom 16, Bathroom 6, Bedroom 16, Bathroom 2, Basement, Bathroom 4, Bathroom 11, Bedroom 2, Bedroom 4, Bedroom 13, Bathroom 1, Bedroom 8, Bathroom 9, Bathroom 13, Bedroom 6, Bedroom 15, Bathroom 12, Bathroom 14, Bedroom 1, Bathroom 5, Bedroom 11, Bathroom 3, Bedroom 12, Bedroom 7, Bathroom 15, Bedroom 9, Bedroom 3, Bedroom 10, Bedroom 14, Bathroom 7, Bedroom 5, Bathroom 8, Bathroom 10
Interior features Cable Available, Circuit Breakers, Laundry Facility
Subdivision HENDRIES (PLATS)
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions From Goethe turn North on Montclair
Standard status Active
APN W21I040671S
Size 10,944 SF
Lot size 0.23 Acres

Taxes and HOA fees

Tax Description E MONTCLAIR N 13.5 FT 441 440 S 15 FT 439 HENDRIES SUB L25 P38 PLATS, W C R 21/528 58.5 X 172.83A
Tax Annual Amount 18135
Legal Description E MONTCLAIR N 13.5 FT 441 440 S 15 FT 439 HENDRIES SUB L25 P38 PLATS, W C R 21/528 58.5 X 172.83A

Utilities

Heating system Radiant, Steam
Water source Public

Building Details

Year built 1925
Floors in Building 3
Number of units 16
Building materials Brick
Roof type Asphalt
Architectural style Other
Listing Agency: RE/MAX Leading Edge · RE/MAX International
Listed By: Ryan E Kain · License #6501401697
Added: Sep 5, 2025 Changed: Aug 3 Last Checked: Aug 5 at 4:06PM
MLS# 20251033366

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This updated brick apartment building offers 16 units on a 0.23-acre lot. Built in 1925, the property features a basement and on-site laundry facility, with heating provided by steam and radiant systems. Interior utilities include cable availability and circuit breakers.

Improvements completed in 2022 include all-new windows, a new asphalt roof, and the installation of 2 new boilers and HWTs, along with some updated electrical and plumbing. Of the 16 units, 7 are currently occupied. Five units were completely remodeled with updated kitchens and bathrooms, and the remaining 11 have had rental turnovers completed.

Unit utility structure is set up with separately metered electricity and cooking gas for each unit, while the owner pays for heating, common area electric, and water. The front half of the basement has been gutted in preparation for the new owner to add 4 units. The property is located a few blocks from Chrysler/Stellantis’s new auto manufacturing plant. Water source is public.

Key Highlights

  • 16‑unit brick apartment building on 0.23 acres
  • 2022 upgrades include all‑new windows, new asphalt roof, and 2 new boilers and HWTs
  • 7 of the 16 units currently occupied

Property Analytics

Current Use

3550 Montclair LLC Business Management Consultant

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

178
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated 16-unit brick apartment building with 2022 window and roof replacements and separate electric and cooking-gas metering.
Where is this apartment building located?
The property is located at 3550 Montclair Street 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: 16‑unit brick apartment building on 0.23 acres; 2022 upgrades include all‑new windows, new asphalt roof, and 2 new boilers and HWTs; 7 of the 16 units currently occupied
More about this property
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