8264 Cloverlawn, Detroit, MI 48204
Local realty services provided by:CENTURY 21 Signature Realty
8264 Cloverlawn,Detroit, MI 48204
$75,000
- - Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: arnita parham
Office: prestige realty services llc.
MLS#:61018127
Source:MI_REALSOURCE
Price summary
- Price:$75,000
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
- Subdivision & Development:J W Fales
- Listing ID #:61018127
- Added:1 day(s) ago
- Updated:August 05, 2026 at 07:32 PM
Rooms and interior
- Total bathrooms:2
- Full bathrooms:2
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1929
- Lot area:0.08 Acres
- Construction Materials:Brick
- Foundation Description:Basement
Utilities
- Water:Public Water at Street
- Sewer:Public At Street
Finances and disclosures
- Price:$75,000
- Tax amount:$818
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