For Sale
4840 Saint Clair Street, Detroit, MI 48214
$130,000
MLS # 20261042300 (Realcomp)
Built 19160.08 acres
1 / 18
Listing Description
Excellent investment opportunity! Fully rented 2-unit multifamily property located in Detroit’s east side. Each unit offers approximately 1,008 square feet of living space. The lower unit is currently leased for $960 per month, and the upper unit is leased for $650 per month, providing immediate rental income. This well-maintained duplex features separate upper and lower apartments, making it an ideal addition to an investor’s portfolio. Strong cash-flow potential with established tenants already in place. Conveniently located near major roadways, shopping, schools, and downtown Detroit amenities. Tenant occupied. Please do not disturb tenants. Showings available with accepted offer.
Source: SparkMLS
About this home
2-bath home in St Jean in Detroit built in 1916.
Currently offered at $130,000.
Property tax estimate: $1,431 per year ($119/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeMulti Family
Bathrooms2
Lot Size0.08 acres
Year Built1916
Location
CityDetroit
Zip Code48214
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick, Vinyl Siding
HeatingForced Air
WaterPublic
Sale & Financing
Listed6/7/2026
Terms AcceptedCash, Conventional
Source: SparkMLS
Tax Information
Annual Tax$1,869
Tax Year2025
State Equalized Value$22,300
Assessed Value$22,300
Parcel #21038685.
Source: Public Records
Legal Description
E ST CLAIR 31 H A STRASBURG SUB L29 P98 PLATS, W C R 21/552 30 X 112
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by David Rabior
Clyde Realty LLC
Frequently Asked Questions about 4840 Saint Clair Street, Detroit, MI 48214
What school district is 4840 Saint Clair Street, Detroit, MI 48214 in?
Per MLS# 20261042300, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261042300, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261042300, the most recent reported annual property tax for 4840 Saint Clair Street, Detroit, MI 48214 is $2,850. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 4840 Saint Clair Street, Detroit, MI 48214 eligible for USDA financing?
Per USDA Rural Development boundary data, 4840 Saint Clair Street, Detroit, MI 48214 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 4840 Saint Clair Street, Detroit, MI 48214 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$1,431
Monthly$119
Millage rate64.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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%
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Monthly payment$962
Principal & interest$843
Property taxes$119
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4840 Saint Clair Street, Detroit, MI 48214
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Neighborhood
St Jean
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Community
Detroit
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County
Wayne County
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