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
I’m a first-generation American with Italian roots. My journey combines family, real estate, and the American dream. Raised in a loving home, I embraced my Italian heritage and studied in Italy before returning to the US. As a mother of four, married for 30 years, my joy is family time. Real estate runs in my blood, inspired by my parents’ success in the industry. I earned my real estate license at 18, learned from a mentor at Century 21, and continued to grow at Remax. In 2022, I became the…
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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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2340 CLEMENTS ST
Detroit, MI
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