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$325,000
3 Days On Site

2340 CLEMENTS Street
DetroitCity_Wayne, MI 48238

For Sale|Multi Family|Active
12
Beds
4
Full Baths
1
Partial Bath
4,800
SqFt
$68
/SqFt
1925
Built
Subdivision:
ROBERT OAKMANS TWELFTH ST (PLATS)
County:
Wayne

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2340 CLEMENTS Street2340 CLEMENTS Street2340 CLEMENTS Street2340 CLEMENTS Street
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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.

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Listing Snapshot
Price 
$325,000
Days On Site 
3 Days
Bedrooms 
12
Inside Area (SqFt) 
4,800 sqft
Total Baths 
5
Full Baths 
4
Partial Baths 
1
Lot Size 
0.14 Acres
Year Built 
1925
MLS® Number 
20250026829
Status 
Active
Property Tax 
$4,141
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
4 days agoListing first seen on site
4 days agoListing updated with changes from the MLS®
General Features
Acres 
0.14
Cross Street 
La Salle Blvd and W Davison
Disclosures 
Actual Income, Taxes Not Homestead Exempt
Foundation 
Brick/Mortar
Pets 
Call
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
4800
Stories 
Two
Style 
Quadruplex
Water Source 
Public
Zoning 
MultiFamily
Interior Features
Basement 
Unfinished
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
Brick
Exterior 
Balcony
Pool Features 
None
Community Features
Financing Terms Available 
CashContractConventionalFHAVA Loan
MLS Area 
Area05043DetLivernoisI756GdRiver
Roads 
Paved
School District 
Detroit
Schools
School District
Detroit
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of U.S. Investor Group: 3136440034



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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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