8264 Cloverlawn Street, Detroit, MI 48204
Local realty services provided by:CENTURY 21 Dynamic Realty
8264 Cloverlawn Street,Detroit, MI 48204
$75,000
- - Beds
- 2 Baths
- 1,870 sq. ft.
- Multi-family
- Active
Listed by: arnita m parham
Office: prestige realty services llc.
MLS#:20261016758
Source:MI_REALCOMP
Price summary
- Price:$75,000
- Price per sq. ft.:$40.11
About this home
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!...
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Home facts
- Year built:1929
- Listing ID #:20261016758
- Added:48 day(s) ago
- Updated:April 05, 2026 at 09:54 AM
Rooms and interior
- Total bathrooms:2
- Full bathrooms:2
- Basement Description:Full, Unfinished
- Living area:1,870 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1929
- Building area:1,870 sq. ft.
- Lot area:0.08 Acres
- Architectural Style:Tudor
- Construction Materials:Brick
- Foundation Description:Basement, Brick Mortar
- Levels:Three
Utilities
- Water:Water at Street
- Sewer:Sewer at Street
Finances and disclosures
- Price:$75,000
- Price per sq. ft.:$40.11
- Tax amount:$818
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