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.
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
Price:
$325,000
MLS #:
20250026829
Status:
Active
Beds:
0
Baths:
5
Address:
2340 CLEMENTS ST
Type:
Single Family
Subtype:
Multi Family
Subdivision:
ROBERT OAKMANS TWELFTH ST PLATS
Neighborhood:
05043 – Det: Livernois-I75 6-Gd River
City:
Detroit
Listed Date:
Apr 16, 2025
State:
MI
Finished Sq Ft:
4,800
ZIP:
48238
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1925
See this Listing
Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…
More About AndreaMortgage Calculator
Schools
School District:
Detroit
Interior
Bathrooms
4 Full Bathrooms, 1 Half Bathroom
Heating
Forced Air, Natural Gas
Exterior
Architectural Style
Quadruplex
Construction Materials
Brick
Exterior Features
Balcony
Financial
Taxes
$4,141
Map
Community
- Address2340 CLEMENTS ST Detroit MI
- SubdivisionROBERT OAKMANS TWELFTH ST (PLATS)
- CityDetroit
- CountyWayne
- Zip Code48238
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