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Two-Unit Duplex with Upper Balcony
New
For Sale
$75,000

2251-53 Clements St, Detroit, MI 48238

Each residence has two bedrooms, a full bathroom, and its own entrance; both are currently tenant occupied.

Property Size2,016 SF
Days on Market7

Property Features for 2251-53 Clements St

General Information

Standard status Active
Size 2,016 SF
Property subtype Investment
Occupancy 100%

Financials

Gross Income $15,000
Average Monthly Rent $625

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,358

Amenities

covered front porch
upper balcony
basement

Building Details

Building Size 2,016 SF
Year Built 1924
Buildings 1
Units 2
Tenancy Multi
Listed By: Dominique Tart
Source: Elliman
Added: Oct 12 Changed: Oct 14 Last Checked: Oct 16 at 9:51AM

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 Dominique Tart

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Investment Insights

Based on property information with market context.

Built in 1924, this duplex contains upper and lower residences, each arranged with two bedrooms and one full bathroom. Separate entrances serve the two units. The property also includes a covered front porch, an upper-level balcony, and a basement.

Both residences are occupied under existing rental agreements. The lower unit's lease runs through April 2027, while the upper unit's lease ends in May 2027.

Key Highlights

  • Two units, each with two bedrooms and one full bathroom
  • Separate entrance for each residence
  • Both units are tenant occupied

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Hair Salon HVAC Service Accounting Firm

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

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

409
Businesses Nearby

Demographics for 48238, MI

25,747
Population
16,341
Households
1.6
Avg Household Size
37
Median Age
13%
College-Educated
84%
High-School Grad
5.4 sq mi
ZIP Area
4,768
Density / Sq Mi
$30,286
Median Household Income
$25,948
Median Earnings
$950
Median Rent
$58,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has two bedrooms, a full bathroom, and its own entrance; both are currently tenant occupied.
Where is this duplex located?
The property is located at 2251-53 Clements St Detroit, MI.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Two units, each with two bedrooms and one full bathroom; Separate entrance for each residence; Both units are tenant occupied
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