Please check your email for your login details.5 Baths
$469,000
2340 Clements Street – 48238
Detroit, Michigan 48238
4800 Sq FT
$97.71 Price per Sq Ft
Highlights
Balcony
About This Home
This fully renovated 4-unit multifamily property offers an exceptional house hacking opportunity for owner-occupants seeking to live in one unit while generating strong rental income from the remaining three. Rare opportunity for investors seeking a stabilized property with future expansion potential. Each spacious unit offers 3 bedrooms and 1 bathroom, with current market-supported rents of $1,587 per month for comparable 3-bedroom units within the subject ZIP code Section 8 market. The property underwent a complete gut renovation with ownership strategically modernizing the asset to support operational efficiency. Improvements include exterior brick paint, plumbing systems, flooring, fully renovated kitchens and bathrooms with tile finishes, and the removal of outdated textured walls to create a clean, contemporary finish package designed to compete with newer rental inventory. Also offering additional space for future enhancements. The expansive basement may provide an opportunity for amenities such as coin-operated laundry, tenant storage, or other uses as determined by ownership. The oversized attic with approximately 12-foot ceilings offers additional space that may present expansion possibilities, subject to buyer due diligence, municipal approvals, zoning requirements, permitting, and all applicable city regulations. Two tenants already secured by closing.
Listing Agent
Maryott Tijerina
Premier Realty Service LLC
Listed on : May 17, 2026
Activity
Days on Market:4
Home Details
Home Type
- ResidentialIncome
Est. Annual Taxes
- $4,181
Year Built
- Built in 1925
Lot Details
- 0.14 Acre Lot
- Lot Dimensions are 50 x 118
Parking
Home Design
- Balcony
Interior Spaces
- 4,800 Sq Ft Home
Kitchen
Flooring
Bedrooms and Bathrooms
- 5 Bathrooms
Laundry
Finished Basement
Home Security
Pool
Outdoor Features
- Balcony
Location
- DetroitCity_Wayne, Michigan
- Wayne County
- Postal Code: 48238
Utilities
- ForcedAir, NaturalGas
- Water Source: Public, SeparateMeters
- Sewer: PublicSewer
About the Showing Agent
Hassan Scheib
Own It Realty
Contact Hassan
As a leading Real Estate investment broker, native Detroiter, and family man, Hassan Scheib commands a firm grasp of investing in the Detroit Metro area. His experience and native intuition have led him from success to success as he has overseen property sales, acquisitions, inspections, construction, and tenant placement. Hassan combines keen business acumen, finance know-how, transparency, and ethics with every deal, and he is skilled in Portfolio Sales, Investor Relations, Strategic Planning, Marketing & Management. Above all else, he understands that the client is at the center of the deal and knows how to listen to their needs, roll up his sleeves, and offer them first-class customized service. Committed and attentive, Hassan is always ready to dip into his expansive professional network, industry experience, care, and meticulous attention to detail to help clients reach their goals.
Map
Hassan Scheib