Detroit Quadplex Primed for Development

691 Clairmount St, Detroit, MI 48202

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For Sale

$120,000

Quadplex near New Center, ready for renovation and development.

Type:Investment

Property size:

4,000 SF

Price / SF:

$30/SF

HighLights

Excellent BRRRR opportunity due to strong market rents.
Significant equity potential, with comparable quadplexes nearby selling for $500K+.
Prime location on the edge of New Center developments.
Enjoy spacious 2‑bedroom units, each over 1000 sq ft.
Basement space available for laundry and storage.
Ample parking in the rear.

We can help!

Listing Contact

Vanessa Smith

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For Sale

$120,000

Quadplex near New Center, ready for renovation and development.

Type:Investment

Property size:

4,000 SF

Price / SF:

$30/SF

Added:: Apr 28, 2026
Days on Market:: 50
Last Refresh:: Apr 28 at 7:28 am

Property Features for 691 Clairmount St

General Information

Standard status: Active
Size: 4,000 SF
Property subtype: Investment

Building Details

Year Built: 1912

We can help!

Listing Contact

Vanessa Smith

Listing agent Vanessa Smith License #6502431777

Listing office

Listing date Apr 28, 2026

Source Elliman

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 Vanessa Smith

HighLights

Excellent BRRRR opportunity due to strong market rents.
Significant equity potential, with comparable quadplexes nearby selling for $500K+.
Prime location on the edge of New Center developments.
Enjoy spacious 2‑bedroom units, each over 1000 sq ft.
Basement space available for laundry and storage.
Ample parking in the rear.

Overview

This quadplex is located on the edge of New Center developments and is suited for development. Some demolition, framing, and roof work has already been completed by the seller. Each of the four units includes two bedrooms and over 1000 square feet of space. The basement provides additional space for laundry and storage. Ample parking is available in the rear of the property. The location has a bike score of 56, indicating it is bikeable, a walk score of 70, indicating it is somewhat walkable, and a transit score of 47, indicating some transit options are available. This property presents a BRRR opportunity.

Location Intelligence

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Local Demand

City: Detroit
County: Wayne
State: Michigan
Longitude: -83.0862868
Latitude: 42.3808786

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For sale
Quadplexes
MI
Detroit
48202
691 Clairmount St

What type of property is this?

Quadplex - Quadplex near New Center, ready for renovation and development.

Where is this quadplex located?

The property is located at 691 Clairmount St Detroit, MI.

What is the asking price?

The asking price for this property is $120,000.

What are key features of this property?

This property features: Excellent BRRRR opportunity due to strong market rents.; Significant equity potential, with comparable quadplexes nearby selling for $500K+.; Prime location on the edge of New Center developments.