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9327 CLOVERLAWN Street Detroit, MI 48204
4 Beds
2.5 Baths
1,044 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Bungalow
Listing Status Active
Purchase Type For Sale
Square Footage 1,044 sqft
Price per Sqft $119
Subdivision M-P-C Mayflower (Plats)
MLS Listing ID 20251019379
Style Bungalow
Bedrooms 4
Full Baths 2
Half Baths 1
HOA Y/N no
Year Built 1945
Annual Tax Amount $1,581
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40.00 x 123.00
Property Sub-Type Bungalow
Source Realcomp II Ltd
Property Description
Solid cash-flowing asset in Detroit's resurging West Side. This spacious 1,750 sq ft bungalow is currently bringing in $1,675/month in rent, with a long-term tenant on a month-to-month lease who prefers to stay. That means income from day one, with flexibility to reposition or raise rents over time. 10% Cap Rate gives a strong return on your investment!
Key investor highlights:
4 bed / 2.5 bath layout ideal for long-term rental demand
Tenant pays utilities, minimizing owner expenses
Month-to-month lease = flexibility without vacancy risk
Room to improve cash flow with minor updates or rental increases
Proximity to Joe Louis Greenway adds long-term value
The home itself offers character and charm with functional updates:
A private en-suite primary upstairs, three main floor bedrooms (one with its own private entrance), a finished basement, large backyard, and a detached garage round out this turn-key package.
**Homes with this square footage, location, and income potential rarely come at this price.
Do not disturb tenant. Showings after accepted offer. BTVAI.
Location
State MI
County Wayne
Area Det 6-Tire - Grnfld - Livernois
Direction Take Exit 2A and I-96 W to W Interstate 96 Service Rd/Jeffries Fwy. Take exit 188A from I-96 W 6 min (5.9 mi) Take W Chicago to Cloverlawn Ave.
Rooms
Basement Finished
Interior
Heating Hot Water
Fireplace no
Heat Source Natural Gas
Exterior
Parking Features Detached, Driveway
Garage Description 1 Car
Road Frontage Paved
Garage yes
Private Pool No
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Bungalow
Warranty Yes
Level or Stories 1 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W18I014457S
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Virtual Tour https://youtube.com/shorts/xKwwlCvCr6s?feature=share
