MI > Detroit
Detroit, MI 48238,2340 CLEMENTS Street
Detroit, MI 48238,2340 CLEMENTS Street
Detroit, MI 48238,2340 CLEMENTS Street
Detroit, MI 48238,2340 CLEMENTS Street
Detroit, MI 48238,2340 CLEMENTS Street
Detroit, MI 48238,2340 CLEMENTS Street
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Crystal Powers

Crystal Powers

+1(734) 765-7300
$ 325,000
Est. payment | /mo

5 Baths

6,098 Sqft Lot

Save
$ 325,000
Est. payment | /mo
Save

5 Baths

6,098 Sqft Lot

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

Listed by U.S. Investor Group
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(734) 765-7300

realtorcpowers@gmail.com

2750 S State St, Ann Arbor, MI, 48104, USA

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2340 CLEMENTS Street