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
MultifamilySubdivision
Robert Oakmans Twelfth St (plats)County
WayneStyle
QuadruplexAD ID
49375576
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Property Details
-
Interior Features
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
-
Exterior Features
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)
-
Property / Lot Details
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 Information
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
-
Taxes / Assessments
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
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Multi-Unit Information
- Road Frontage: Paved
Unit 3 Information
- # of Bedrooms: 4
-
School, Utilities & Location Details
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.