$315,000

2398 Stair Street, Detroit, MI 48209

  • 8 beds |
  • 4 baths |
  • 3,024 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1922
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $104/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

Turnkey investment opportunity in Detroit! This updated 3-unit multifamily property offers a desirable unit mix consisting of two spacious 3-bedroom, 2-bath units and one 2-bedroom, 1-bath unit. The two 3-bedroom units are currently occupied and generating a combined $2,650 per month, while the 2-bedroom unit is currently vacant, providing an opportunity for the new owner to place a tenant and increase the property's rental income. The property has been thoughtfully updated with modern finishes and features several major improvements, including a new roof (2024) and new furnace (2024). Additional features include a finished basement and finished attic, offering extra usable space and versatility. With existing rental income, additional upside from the vacant unit, and tenants paying their own utilities, this property is well positioned for an investor looking for an income-producing multifamily asset with room to grow. Conveniently located with easy access to major roadways and Detroit amenities. Two units producing income from day one with the opportunity to further maximize cash flow — don't miss this one!

Listing Status:
Active
Data Last Updated:
September 23, 2026 at 7:41AM
Listing Office:
Golden Key Realty Group LLC : 2484226962
Listing Agent:
Valbona Vulaj : 2486223249
MLS ID:
20261063681
  • Appliances: Free standing gas rangeFree standing refrigeratorMicrowaveWasher dryer stacked
  • Basement: Finished
  • A/C: Central airWindow units
  • Heating: Forced airNatural gas
  • General: Balcony
  • Style: Colonial
  • Other Structures: Porch
  • Pool: None
  • Parking: No garage
  • Roofing: Asphalt
  • General: Aluminum sidingBrickTwoBasementBlock
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: Detroit
  • County: Wayne
  • Zoning: E STAIR 152 BURNS SUB L14 P65 PLATSW C R 18/195 30 X 110W18I010029S
  • Water: Public
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Valbona Vulaj , Golden Key Realty Group LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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