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Detroit Multifamily Investment Opportunity

3318 Clairmount Street Detroit, MI 48206

Claim this Listing
Pending
$70,000

MULTI_FAMILY - Other - Detroit, MI

Property size:
2,112 SF
Lot size:
0.08 Acres
Added:
Sep 26, 2025
Days on Market:
290
Last Refresh:
Jul 12 at 4:06 am

Property Features for 3318 Clairmount Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3, Basement
Pets allowed
Call
Standard status
Pending
APN
W12I002624S
Size
2,112 SF
Lot size
0.08 Acres

Taxes and HOA fees

Tax Description
N CLAIRMOUNT 343 COONLEYS SUB L31 P30 PLATS, W C R 12/173 34 X 100
Tax Annual Amount
28

Utilities

Heating system
Forced Air
Water source
Public

Building Details

Year built
1922
Floors in Building
2
Number of units
2
Building materials
Brick
Architectural style
Other

Listing agent Erick Monzo

Listing office Keller Williams Realty-Great Lakes 28220 Harper, St. Clair Shores, MI

Listing date Sep 26, 2025

MLS# 20251039215 Listing URL

Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This offering presents a rare opportunity to acquire a bundle of four multi-family properties located in the Jamison neighborhood of Detroit. The properties, situated at 3307 Clairmount, 3349 Clairmount, 3298 Clairmount, and 3318 Clairmount, offer excellent redevelopment potential within a growing rental market. Each property is configured as a 2-unit structure, with each unit featuring 2 bedrooms and 1 full bath. The combined package represents a substantial opportunity for an investor or developer to restore and reposition multiple income-generating assets. The properties are zoned residential and have a total size of 2112 square feet on a 0.08-acre lot. Interested buyers must submit a complete proposal package that includes a project proposal outlining the intended use of the structure and a renovation timeline, proof of funds, a detailed breakdown of renovation costs and improvements, and proof of previous projects demonstrating experience. The sale is contingent on the execution of a Detroit Land Bank Authority Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five tax years following the transfer of ownership, which may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.

Key Highlights

  • Package includes four Detroit multi‑family properties: 3307, 3318, 3298, and 3349 Clairmount
  • Each property is a 2‑unit structure with units featuring 2 bedrooms and 1 full bath
  • Construction materials: brick; heating: forced air

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Restaurant Nail Salon Skin Care Clinic Gym & Fitness Center HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Four multi-family properties in Detroit's Jamison neighborhood.
Where is this duplex located?
The property is located at 3318 Clairmount Street Detroit, MI.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: Package includes four Detroit multi‑family properties: 3307, 3318, 3298, and 3349 Clairmount; Each property is a 2‑unit structure with units featuring 2 bedrooms and 1 full bath; Construction materials: brick; heating: forced air
Contact an agent
More about this property
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