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2340 Clements Street

Detroit, MI 48238
Square Ft.
4,800
$300,000
4 UNIT Multi-Family Opportunity in Detroit's Historic Oakman District. THREE bedrooms per unit, this offers spacious open layout, strong value, and excellent cash flow potential. Ideal for a Hands-On Landlord, this property consolidates FOUR income STREAMS into a Single Manageable Asset. Priced Below It's Past Valuation $330k appraised in 2022… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of U.S. Investor Group, [email protected], (313) 644-0034.
Listing Snapshot
Days Online
11
Last Updated
Property Type
Multifamily
Square Ft.
4,800
Lot Size
0.14 Acres
Year Built
1925
MLS Number
20251006393
30 Days Snapshot Of 48238
$54k
-31%
(avg) sold price
9
-57%
homes sold
93
-21%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Common, Basement?: 1
Building
4 total units, 1 leased unit, 4 three-bedroom units, Built in 1925, Architectural style: Quadruplex, Brick, 4,800 total square feet, 4,800 combined square feet, 2,400 total basement square feet, Unit count: 4
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.14, Lot size dimensions: 50 x 118
Miscellaneous
Gross scheduled income: $62,400, Income projection: Projected, Monthly rental income: $1,300, Net operating income: $62,400
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $4,009, Tax amount (winter): $2,543
Sewer
Public Sewer (Sewer-Sanitary)
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Monthly Payment
$0
Garrett Blair
Broker
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Schools In The Area

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Thurgood Marshall-Elementary School 313-494-8820 Public PK-8
Mumford High School 313-416-7064 Public 9-12
Thurgood Marshall-Elementary School 313-494-8820 Public PK-8
Thurgood Marshall-Elementary School 313-494-8820 Public PK-8
Thurgood Marshall-Elementary School 313-494-8820 Public PK-8
Mumford High School 313-416-7064 Public 9-12

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IDX provided courtesy of Realcomp II Ltd., via Douglas Rose Realty and Garrett Blair, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via Douglas Rose Realty and Garrett Blair, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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