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Multifamily Property with High Ceilings
New
For Sale
$49,900

3751 Clements St, Detroit, MI 48238

Open interior layouts and an as-is sale shape the property's current offering.

Property Size1,566 SF
Days on Market3

Property Features for 3751 Clements St

General Information

Standard status Active
Size 1,566 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $3,464

Building Details

Building Size 1,566 SF
Year Built 1926
Units 2
Tenancy Multi
Listing Agency: RE/MAX Team 2000
Listed By: Sam Hantosh · License #6501348723
Source: Elliman
Added: Oct 16 Last Checked: Oct 16 at 2:05PM

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 RE/MAX Team 2000

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Investment Insights

Based on property information with market context.

This 1926 multifamily property in Detroit's North End features multiple living spaces, high ceilings, and open layouts. The sale is offered in as-is condition.

The property is minutes from New Center, Wayne State University, Henry Ford Health, and Midtown. Walk Score is 61, Bike Score is 54, and Transit Score is 48.

Key Highlights

  • Multifamily property built in 1926
  • Multiple living spaces with high ceilings and open layouts
  • Located in Detroit's North End, minutes from New Center, Wayne State University, Henry Ford Health, and Midtown

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Gym & Fitness Center Electrical Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

480
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Multifamily property - Open interior layouts and an as-is sale shape the property's current offering.
Where is this multifamily property located?
The property is located at 3751 Clements St Detroit, MI.
What is the asking price?
The asking price for this property is $49,900.
What are key features of this property?
This property features: Multifamily property built in 1926; Multiple living spaces with high ceilings and open layouts; Located in Detroit's North End, minutes from New Center, Wayne State University, Henry Ford Health, and Midtown
More about this property
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