About This Home

This 4-bedroom, 2-bathroom residential multi family at 1540 Saint Clair Street in Detroit, MI is listed for $30,000 ($13 per sqft). Built in 1911, the home offers 2,382 sqft of living space on a 0.07 acres lot.

Key Features

  • Built in 1911
  • 0.07 acre lot
  • 2 stories

Property Details

2 stories
2 full
1911
Listing Description

Rare opportunity to restore and reimagine this historic brick two-family property in Detroit's vibrant East Village neighborhood. Built in 1911, this approximately 2,382-square-foot structure offers substantial space and character for investors, developers, or owner-occupants seeking a renovation project.

Located just minutes from Detroit's riverfront, the Belle Isle Park area, and the growing retail and dining destinations along Kercheval Avenue, East Village continues to attract investment and revitalization. The neighborhood features a mix of historic architecture, community development initiatives, convenient access to downtown Detroit, and proximity to major transportation corridors.

Property is being sold as-is. Purchaser to verify all measurements, zoning, and development requirements. DLBA Disclosure: DLBA is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser.

DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatement on the purchase and development financing.

Monthly Cost Estimate

$160/mo

20% down · 6.5% · 30 years

Principal$22
Interest$130
Insurance$9

Estimates only. Actual payments may vary.

Location

1540 Saint Clair Street

Detroit, MI 48214

Aberles Sub Of 6 & 7 Of E 1/2 Pc 725

Property Details

Construction

Brick

Heating

Forced Air

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 1540 Saint Clair Street is listed at $30,000 ($13/sqft). The estimated monthly payment is $161 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1911, 0.07 acre lot, 2 stories.

This property is listed by Erick Monzo.

EM

Erick Monzo

Agent at SCS Great Lakes INC

Listed by SCS Great Lakes INC · Broker phone: (586) 541-4000 · View on Broker Site · Broker website

MLS# 20261044303· Source: Realcomp Limited II· 136 days on PropertySimple

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.

1540 Saint Clair Street, Detroit, MI 48214

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