2398 Stair Street Detroit, MI ^$ 300,000

2398 Stair Street

^$ 300,000

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2398 Stair Street

Detroit, MI, 48209

^$ 300,000

Studio Baths3.2 Sq 2,016

Monthly Estimate*

^$ 1,847

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Studio

Multi-Family Home for sale in Detroit, MI

for $300,000 with 3 full baths, 2 half baths. This 2,016 square foot home was built in 1922 on a lot size of 0.08.

Turn heads and profits with this fully renovated 3-unit property in Detroit's vibrant Southwest neighborhood! Each unit is currently leased, making this a turnkey investment from day one. Enjoy peace of mind with big-ticket updates already done - new roof (2024), new furnace (2024), and a beautifully finished attic offering extra space and charm. Modern finishes, thoughtful updates, and solid tenants make this an opportunity you don't want to miss. Add this cash-flowing gem to your portfolio and watch it work for you!

Multi-Family Pending

Price

^$ 300,000

Bedrooms

Studio

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 4,926

Style

Lot Size

0.08

Year Built

1922

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60947039

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Pending Pending

Full Baths 3

Half Baths 2

Bathrooms 5

Year Built 1922

Subdivision Burns Sub Of Pt Lt 7 Sub Pc 60 S Of Dix Road MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 49200

Ownership Private

Municipality Detroit

Zoning Residential

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Virtual Tour https://media.nimbleestatemedia.com/order/601e026f-b430-436f-8894-08de0c965201?branding=false

Directions Take West Vernor Highway to Elsmere St then head south and turn right onto Stair St. The home will be on your right.

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description E STAIR 152 BURNS SUB L14 P65 PLATS W C R 18/195 30 X 110

DOM 90

Postal Code 48209

Price Per Sq Ft Total AG 148.81

Public Remarks Turn heads and profits with this fully renovated 3-unit property in Detroit's vibrant Southwest neighborhood! Each unit is currently leased

Interior

Basement Block Finished

Fireplace? No

Total Number of Units 3

Fuel Type Natural Gas

Exterior

Exterior Stone

Exterior Amenities Exterior Balcony Porch

Frontage 30

Lot Size Area 0.08

Lot Dimensions 30X110

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Angie Sierra Reynoso

Listing Agent

Re/Max City Centre

Broker

Angie@KeysToYourKingdom.net

Affordability Calculator

$2,258

Per Month

Monthly Principal & Interest: $1,847
Monthly Property Taxes: $411
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$234,851

Percent of Sale Price 22%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/9/2026	$300,000	-7.69%	Price Down
12/22/2025	$325,000	-7.14%	Price Down
12/5/2025	$350,000	-1.13%	Price Down
11/12/2025	$354,000	-1.39%	Price Down
11/11/2025	$359,000	-1.64%	Price Down
10/21/2025	$365,000		Listed Price

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2398 Stair Street, Detroit, MI, 48209 is a Multi-Family Home for sale at $300,000 with 2,016 sqft and a lot size of 0.08. 2398 Stair Street is a studio with 3.2 baths and was built in 1922. The property's zip code is 48209 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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2398 Stair Street

Multi-Family Home for sale in Detroit, MI

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