2340 CLEMENTS Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48238
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20250026829
Originating Board Realcomp
Year Built 1925
Annual Tax Amount $4,141
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50.00 x 118.00
Property Description
Multi-Unit Gem in Detroit's Historic Oakman Neighborhood.Welcome to 2340 Clements, a highly desirable 4-unit multifamily property nestled in Detroit's historic Oakman neighborhood. Each of the four spacious units offers 3 generous bedrooms, designed with functionality. Designed to meet the needs of families, roommates, or tenants seeking more space.Four times the rental income in one location, making it a dream for investors looking for strong cash flow in a growing area. The property is also close to the University of Detroit Mercy and Marygrove College, making it a great fit for student.Section 8 market rent for a 3 bedroom unit starts at 1,300, making this property an ideal cash-flowing investment with strong rental upside.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction West Davison and North La Salle blvd +++GGG++++PPPPP++++++++++++SSS+
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W08I004549S
Acceptable Financing Cash,Conventional,FHA,Contract,VA Loan
Listing Terms Cash,Conventional,FHA,Contract,VA Loan