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

2900 Clairmount Street, Detroit, MI 48206

Multifamily, 3 Story, Detroit, MI

Property Size9,174 SF
Lot Size0.10 Acres
Price / SF$3.82
Days on Market7

Property Features for 2900 Clairmount Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family,Residential
Bedrooms 1
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 1, Basement, Bedroom 1, Bathroom 3
Pets allowed Yes
Subdivision Peters Sub Of Pt Of Sec 48
Elementary school district Detroit
Middle school district Detroit
High school district Detroit
Directions SOUTH OF CHICAGO WEST OF LINWOOD
Standard status Active
APN W12I002663S
Size 9,174 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Description N CLAIRMOUNT 102 PETERS SUB L32 P45 PLATS, W C R 12/185 44.54 IRREG
Tax Annual Amount 701
Legal Description N CLAIRMOUNT 102 PETERS SUB L32 P45 PLATS, W C R 12/185 44.54 IRREG

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1922
Floors in Building 3
Number of units 3
Building materials Brick
Architectural style Colonial
Listing Agency: Keller Williams Realty-Great Lakes
Listed By: Erick Monzo
Added: Oct 1 Changed: Oct 7 Last Checked: Oct 7 at 10:06PM
MLS# 20261079692

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 three-story, 9,174-square-foot brick apartment building contains 13 one-bedroom units and requires complete restoration. Built in 1922, it sits on a 0.10-acre parcel and has forced-air heating. The property is zoned for multifamily and residential use.

The Detroit Land Bank Authority is entitled to a tax capture for the five tax years after ownership transfers. That capture may not be compatible with tax abatements; the authority reviews waiver requests and may require a payment in lieu of taxes. Any such payment is determined after review of the development pro forma and the effect of an abatement on project financing.

Key Highlights

  • 13 one‑bedroom apartments in a three‑story building
  • 9,174 square feet on a 0.10‑acre parcel
  • Brick construction; built in 1922

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
Yes
Highway access

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 - Comprehensive restoration is required before the one-bedroom apartments can return to residential service.
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 apartments in a three‑story building; 9,174 square feet on a 0.10‑acre parcel; Brick construction; built in 1922
More about this property
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