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1540 Saint Clair St, Detroit, MI, 48214

4beds
2baths
2,382sqft
$30,000
$13price/sqft
$566/moest. monthly cost
$22,640/yrincome needed

About This Home

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.

Getting Around

63
WalkingSomewhat Walkable
46
TransitSome Transit
69
BikeBikeable

Schools

3/10
Southeastern High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1911

Materials

  • Foundation: Basement,Block
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area above ground: 2,382

Heating

  • Heating features: Forced Air,Natural Gas

Interior Area

  • Total interior livable area: 2,382 sqft

Property

Details

  • Parcel number: W21I038481S
  • Zoning description: MultiFamily, Residential
  • Special condition: Government Owned,Short Sale No
  • Exclusions: Exclusion(s) Do Not Exist

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 3,049 sqft
  • Lot size dimensions: 30 x 101.9

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Strong Wind
Tornado
Tsunami

FEMA Declared Disasters in Wayne County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $151$1,812
Home Insurance *$120$1,440
Property Taxes $36$432
Electricity $259$3,117
Total$566$6,792
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$19,405/yr
40% on housing$16,980/yr
45% on housing$15,093/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$13This listing

vs Other Active Listings

Avg $/sqft

ZIP 48214$110
Wayne County$99

vs Homes Sold Last Month

Median $/sqft

ZIP 48214$66
Wayne County$129

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-06-17Listed for sale$30,000

For Sale by Agent

AgentErick Monzo
BrokerageKeller Williams Realty-Great Lakes

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