2340 CLEMENTS STREET
Detroit, MI 48238
4800 sqft | 4.5 baths | 0.14 acres | #20250026829
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.
Property Details
- SubdivisionROBERT OAKMANS TWELFTH ST (PLATS)
- Utility SourcePublic, SeparateMeters
- FoundationBasement, BrickMortar
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- MLS #20250026829
- Property SubtypeMultiFamily
- Parcel NumberW08I004549S
- MLS #20250026829
- Basement DescriptionUnfinished
- Original List Price$325,000
- Exterior MaterialsBalcony
- School DistrictDetroit
- Taxes Annual$4,141
- Cost325000
- CountyWayne
- Acres0.14
- Square Feet4800
- Year Built1925
- PetsCall
- Bathrooms4.5
- Full Baths4
- Half Baths1
- Stories2
- Basement1
- Basement Finished1
- Days on Market (Cumulative)8
Location
Legal
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Last Updated: . Source: REALCOMP
Listing Courtesy
Listing Agent: Maryott Tijerina (#461557), Email: Maryottrealty@gmail.com
Listing Office: U.S. Investor Group (#432337)
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