2340 Clements Street

Detroit, Michigan 48238

  • 12 Bed(s)
  • 4.5 Bath(s)
  • 4,800 Sqft
  • 0.14
    Acre(Lot)
$325,000

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 Type

    Multifamily
  • Subdivision

    Robert Oakmans Twelfth St (plats)
  • County

    Wayne
  • Style

    Quadruplex
  • AD ID

    49375576

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Property Details

  • Bathroom Information

    • Total Baths: 4.5
    • Full Baths: 4
    • Half Baths: 1

    Room Information

    • Porches: Balcony

    Interior Features

    • Basement Description: Unfinished

    Heating & Cooling

    • Heating: Forced Air
    • Heating Fuel: Natural Gas
  • Building Information

    • Year Built: 1925
    • Building Stories: 2 Story
    • Total Units: 4
    • Foundation/Basement: Basement
    • Architecture: Quadruplex

    Exterior Features

    • Construction: Brick

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)
  • Lot Information

    • Lot Size: 0.14
    • Dimensions: 50.00 x 118.00

    Property Information

    • SQ ft: 4800
    • Subdivision: ROBERT OAKMANS TWELFTH ST (PLATS)
    • Financing: Cash,Contract,Conventional,FHA,FHA 203K,VA,Warranty Deed
  • Listing Price Information

    • Original List Price: $325,000

    Listing Information

    • Possession: At Close
    • Legal Description: N CLEMENTS 125 R OAKMANS 12TH ST SUB L34 P90 PLATS, W C R 8/145 49.53 IRREG
  • Tax Information

    • Annual Tax: $4,141
    • Parcel Number: W08I004549S

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: N CLEMENTS 125 R OAKMANS 12TH ST SUB L34 P90 PLATS, W C R 8/145 49.53 IRREG
  • Multi-Unit Information

    • Road Frontage: Paved

    Unit 3 Information

    • # of Bedrooms: 4
  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 04/24/2025 @ 05:52

  • MLS: 625364117
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 12 bedrooms which is for sale, it has 4,800 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.