2340 Clements Street Detroit MI 48238 MLS #20251006393

4 UNIT Multi-Family Opportunity in Detroit’s Historic Oakman District. THREE bedrooms per unit, this offers spacious open layout, strong value, and excellent cash flow potential. Ideal for a Hands-On Landlord, this property consolidates FOUR income STREAMS into a Single Manageable Asset. Priced Below It’s Past Valuation “$330k appraised in 2022” (available upon request). With Section 8 Market Rent, For 3-Bedroom Units At $1,300, this makes it a highly attractive investment.
This is a prime value-add investment for buyers looking to stabilize and unlock a strong cash flowing portfolio. Whether you’re aiming to bring rents to market rates, tap into government-backed income like section 8, or simply secure steady cash flow, this property offers upside support and long term growth.

Property has one reliable, paying tenant, two units are squatter-occupied. Legal action is already in motion, with litigation underway and the eviction process actively progressing. This is a prime opportunity for an investor to step in, complete the turnover, and begin collecting premium rents. It’s loss is your win!! Secure below market value and unlock its full cash flowing potential it’s meant to be.