8264 Cloverlawn ST, Detroit, MI 48204

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Additional details
$ 75,000
Est. payment /mo
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8264 Cloverlawn ST Detroit, MI 48204

2 Baths

1,870 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 1,870 sqft

Price per Sqft $40

Subdivision J W Fales

MLS Listing ID 20261016758

Style Tudor

Full Baths 2

Year Built 1929

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type MultiFamily

Property Description

Multi-Family Investment Opportunity Located just outside the desirable Aviation Subdivision on Detroit's west side, presents a strong value-add opportunity for investors seeking cash flow and long-term appreciation. This solid brick, two-unit multifamily property features two spacious two-bedroom apartments, each offering: Two, two-bedroom apartments equipped with:
• Expansive living room with fireplace
• Formal dining room
• Functional kitchen layout
• Full bathrooms
•Two generously sized bedrooms
The property retains classic architectural character and offers substantial upside potential. While it does require cosmetic updates, the structure itself is solid—making it an ideal light-rehab project for investors looking to build equity quickly. Additional features include a massive basement with two large, separate storage areas—one designated for each unit—providing added convenience for tenants and increased rental appeal. With current two-bedroom payment standards through Michigan State Housing Development Authority (MSHDA), is $1313 per two bedroom, this property has projected income of $2626 per month and $31, 512 per year. Presents a compelling opportunity for Section 8 or other housing assistance rental strategies. Whether you're expanding your portfolio or entering the multifamily market, this is a prime opportunity in a stable west-side Detroit location. THIS DEAL WILL GO FAST! ACT NOW!

Location

State MI

County Wayne

Area Area05042Det6Tiregrnfldlivernois

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Pool None

View Y/N No

Garage false

Building

Foundation Basement, BrickMortar

Sewer Sewer At Street

Water WateratStreet

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition AgentOwned, ShortSaleNo

Pets Allowed No


Realcomp MLS
Listed by Arnita M Parham of Prestige Realty Services LLC

NEARBY SCHOOLS & PROPERTIES

Larry Else

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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