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13-Unit Apartment Building
New
For Sale
$35,000

2900 Clairmount Street, Detroit, MI 48206

The building contains one-bedroom residences and requires comprehensive restoration.

Property SizeContact for details
Days on Market2

Property Features for 2900 Clairmount Street

General Information

Standard status Active
Property subtype Multi Family

Property Condition

Severity Major Repairs Needed
Evidence complete restoration

Units

Unit Mix 13 x 1BR
Multifamily Units 13
Listing Agency: Keller Williams Realty-Great Lakes
Listed By: Erick Monzo
Source: Brendaharrisgroup
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 9 at 7:15PM

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 Keller Williams Realty-Great Lakes

Investment Insights

Based on property information with market context.

This Detroit apartment property was built in 1922 and is configured with 13 one-bedroom units. The building requires a complete restoration, and its existing residential layout is the primary documented physical feature.

The property is subject to a Detroit Land Bank Authority tax capture for the five tax years after ownership transfer. The DLBA may consider waiving its tax capture rights and may require a payment in lieu of taxes; the outcome depends on its review of the proposed development and financing.

Key Highlights

  • 13 one‑bedroom units
  • Built in 1922
  • Complete restoration required

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Hair 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.

Lease Details

13
Residential units

Location Intelligence

Trade Area within ½ mile

309
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?
Apartment building - The building contains one-bedroom residences and requires comprehensive restoration.
Where is this apartment building located?
The property is located at 2900 Clairmount Street Detroit, MI.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: 13 one‑bedroom units; Built in 1922; Complete restoration required
More about this property
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