2340 Clements Street
Detroit, MI 48238
- – beds
- 5 baths
- 4,800 sqft
- $67 per sqft
- 1925 build
- – on site
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.
Last checked:
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Last updated Apr 18, 2025
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MLS# 20250026829 —
The Building
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Year Built:1925
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New Construction:false
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Construction Materials:Brick
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Architectural Style:Quadruplex
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Levels:Two
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Basement:Unfinished
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Basement:true
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Foundation Details:Basement, BrickMortar
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Exterior Features:Balcony
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Above Grade Finished Area:4800.0
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Below Grade Total Area:2400
Interior
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Fireplace:false
Room Dimensions
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Living Area:4800.0
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Living Area Source:PublicRecords
Location
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Directions:West Davison and North La Salle blvd +++GGG++++PPPPP++++++++++++SSS+
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Cross Street:La Salle Blvd and W Davison
The Property
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Parcel Number:W08I004549S
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Property Type:ResidentialIncome
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Property Subtype:MultiFamily
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Lot Size Acres:0.14
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Lot Size Area:0.14
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Lot Size Dimensions:50.00 x 118.00
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Lot Size Units:Acres
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Zoning Description:Multi-Family
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (313) 644-0034
- Office phone:
- (313) 644-0034
Taxes
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Tax Legal Description:N CLEMENTS 125 R OAKMANS 12TH ST SUB L34 P90 PLATS, W C R 8/145 49.53 IRREG
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Tax Assessed Value:49900
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Tax Annual Amount:4141.0
Baths
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Total Baths:5
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Full Baths:4
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Half Baths:1
Heating & Cooling
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Heating:ForcedAir, NaturalGas
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Heating:true
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public, SeparateMeters
Schools
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High School District:Detroit
The Community
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Subdivision Name:ROBERT OAKMANS TWELFTH ST (PLATS)
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Senior Community:false
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Pool Features:None
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Waterfront:false
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Pets Allowed:Call
Parking
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Attached Garage:false
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
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.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/16/25
Apr 16, 2025
|
Listed / Active | REALCOMP | $325,000 |
