Renovated
New
For Sale
$289,900
632 Clairmount Street, Detroit, MI 48202
MULTI_FAMILY - Other - Detroit, MI
Property Size2,262 SF
Lot Size0.10 Acres
Price / SF$128.16
Days on Market3
Property Features for 632 Clairmount Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 2, Bedroom 2, Basement, Bedroom 4, Bathroom 1, Bedroom 1
Pets allowed
Call
Subdivision
Hubbard & Dingwalls Sub Of Lt 8
Elementary school district
Detroit
Middle school district
Detroit
High school district
Detroit
Directions
South Of Chicago And East Of The Lodge
Standard status
Active
APN
W04I002504S
Size
2,262 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Description
N CLAIRMOUNT W 32 FT 19 AND VAC BANCROFT AVE IN REAR HUBBARD & DINGWALLS SUB L10 P84 PLATS, W C R 4/89 32 X 139
Tax Annual Amount
1899
Legal Description
N CLAIRMOUNT W 32 FT 19 AND VAC BANCROFT AVE IN REAR HUBBARD & DINGWALLS SUB L10 P84 PLATS, W C R 4/89 32 X 139
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
1905
Floors in Building
2
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
RE/MAX Leading Edge · RE/MAX International
(313) 277-7777
Listed By:
Sherri Saad · License #6502364758
(313) 598-5322
Added: Aug 3
Changed: Aug 4
Last Checked: Aug 5 at 8:06PM
MLS# 20261060674
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 2,262-square-foot duplex contains two residential units, each arranged with 2 bedrooms and 1 full bathroom. Renovations have updated the interiors, including kitchens with white cabinetry and generous cabinet and counter space. Bright living rooms bring natural light into both residences, while a basement adds supplemental property space. The building was constructed in 1905 with brick exterior construction, forced-air heating, and public water service.
Located at 632 Clairmount Street in Detroit, the property occupies a 0.1-acre lot. Both units are described as ready for occupancy, supporting an owner-occupant arrangement in which one residence is occupied while the other produces rental income. Residential zoning is reported for the property.
Located at 632 Clairmount Street in Detroit, the property occupies a 0.1-acre lot. Both units are described as ready for occupancy, supporting an owner-occupant arrangement in which one residence is occupied while the other produces rental income. Residential zoning is reported for the property.
Key Highlights
- Two‑unit duplex with 2,262 square feet
- Each unit includes 2 bedrooms and 1 full bathroom
- Renovated interiors with updated kitchens
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.4k | $17.40 |
| − Vacancy | −$2.4k | −$1.07 |
| EGI | $36.9k | $16.33 |
| − OpEx | −$11.1k | −$4.90 |
| NOI | $25.9k | $11.43 |
2,262 SF · lease $17.40/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$369.3K
$323.1K – $430.9K
NOI $25,851 @ 7.0% cap · market cap 8.92%
Second Best
Apartment 5plus
$339.0K
$296.6K – $395.5K
NOI $23,730 @ 7.0% cap · market cap 8.19%
Theoretical Best
Office A
$499.0K
$436.6K – $582.2K
NOI $34,930 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
468
Businesses Nearby
Explore this area
Business Placement
Demographics for 48202, MI
17,260
Population
10,078
Households
1.7
Avg Household Size
32
Median Age
38%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
5,076
Density / Sq Mi
$36,536
Median Household Income
$31,725
Median Earnings
$894
Median Rent
$193,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Updated two-unit property with bright living areas and contemporary kitchens.
Where is this duplex located?
The property is located at 632 Clairmount Street Detroit, MI.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,262 square feet; Each unit includes 2 bedrooms and 1 full bathroom; Renovated interiors with updated kitchens
