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Brick Multifamily Redevelopment Property
For Sale
$149,900

1976 Clairmount St, Detroit, MI 48206

City-reviewed architectural plans support repositioning the structure into a four-unit residential configuration.

Property Size3,010 SF
Price / SF$49.80
Days on Market95

Property Features for 1976 Clairmount St

General Information

Standard status Active
Size 3,010 SF
Property subtype Multi-Family

Building Details

Year Built 1919
Construction brick
Listing Agency: Exp Realty Main
Listed By: In Network Real Estate Group
Source: Innetworkrealestate
Added: Jul 12 Changed: Oct 13 Last Checked: Oct 12 at 7:18PM

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 Exp Realty Main

Investment Insights

Based on property information with market context.

This 3,010-square-foot brick multifamily property was built in 1919 and has been opened to the studs for a comprehensive renovation. The existing structure provides a defined starting point for completion, while City-reviewed architectural plans support a four-unit multifamily configuration. The property is offered as-is at 1976 Clairmount St in Detroit, within the North End/Boston-Edison area. Its residential-block setting places it near neighborhood amenities, restaurants, shopping, and major thoroughfares. The approved plans and partially completed preparation create a clear framework for restoring the building while retaining its original brick character.

Key Highlights

  • 3,010 SF brick multifamily property
  • Built in 1919
  • Interior taken to the studs for renovation

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Spa & Massage Center Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

297
Businesses Nearby

Demographics for 48206, MI

15,712
Population
10,784
Households
1.5
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
3.1 sq mi
ZIP Area
5,068
Density / Sq Mi
$43,702
Median Household Income
$36,674
Median Earnings
$923
Median Rent
$102,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - City-reviewed architectural plans support repositioning the structure into a four-unit residential configuration.
Where is this multifamily property located?
The property is located at 1976 Clairmount St Detroit, MI.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 3,010 SF brick multifamily property; Built in 1919; Interior taken to the studs for renovation
More about this property
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