Detroit Multifamily Investment
For Sale
$315,000
8879 N CLARENDON St, Detroit, MI 48204
Renovated 4-unit property near Downtown Detroit, generating $4K monthly.
Property Size3,428 SF
Days on Market87
Property Features for 8879 N CLARENDON St
General Information
Standard status
Active
Size
3,428 SF
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$434
Building Details
Building Size
3,428 SF
Year Built
1920
Units
4
Listing Agency:
Munoz Realty Inc
(313) 914-7545
Listed By:
Gaston Munoz · License #6501354648
(313) 914-7545
Source:
Elliman
Added: May 15
Changed: Aug 8
Last Checked: Aug 9 at 9:17AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Munoz Realty Inc
Investment Insights
Based on property information with market context.
Located in Southwest Detroit, this multifamily property features four units, each with two bedrooms and one bathroom. The property has been renovated and includes modern upgrades. It is situated minutes from Downtown Detroit, offering convenient access to restaurants, schools, local businesses, and freeways. The building features a new roof, plumbing, sewer system, windows, and electrical system. New furnaces and hot water tanks provide efficient heating. The bathrooms have been fully renovated. The property is currently generating $4,000 per month in income.
Key Highlights
- Generating $4,000 per month in rental income.
- Fully renovated with new roof, plumbing, sewer, windows, electrical system, furnace, and hot water tank.
- Four units, each with 2 beds and 1 bath.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
276
Businesses Nearby
Explore this area
Business Placement
Demographics for 48204, MI
21,738
Population
13,691
Households
1.6
Avg Household Size
37
Median Age
10%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
4,348
Density / Sq Mi
$32,875
Median Household Income
$26,701
Median Earnings
$970
Median Rent
$53,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Renovated 4-unit property near Downtown Detroit, generating $4K monthly.
Where is this quadplex located?
The property is located at 8879 N CLARENDON St Detroit, MI.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Generating $4,000 per month in rental income.; Fully renovated with **new roof, plumbing, sewer, windows, electrical system, furnace, and hot water tank.**; Four units, each with 2 beds and 1 bath.
