2685 Clairmount Street, Detroit, Michigan 48206

$125,000

Property Details

MLS#: 20261048384
Bedrooms: 4
Bathrooms: 1.5
Square Feet: 1,639
Price per Sqft: $76
Lot Size: 0.09 acres
Year Built: 1923
Property Type: Residential
Status: Active
Days on Market: 71

Market Analysis

Estimated Value (CMA): $173,734
Area Avg Price/Sqft: $89
This Property: $76/sqft ($13 below area average)
Price Position: -14.0% vs comparable homes
Comparable Properties Analyzed: 4

Description

Investor opportunity in Detroit's Virginia Park neighborhood. This classic multifamily property offers excellent income producing potential in one of the city's steadily revitalizing neighborhoods. Featuring spacious units with generous floor plans and timeless architectural character, the property is well suited for investors seeking immediate rental income, value add potential, or a long term hold. Conveniently located just minutes from New Center, Midtown, Downtown Detroit, and the Lodge Freeway, the property provides easy access to major employers, hospitals, universities, and public transportation. The surrounding area has experienced continued investment and redevelopment, contributing to strong rental demand and long term appreciation potential. Whether you're expanding your portfolio or searching for your next multifamily investment, 2685 Clairmount offers a prime opportunity to own an income producing property in an established neighborhood with excellent access to Detroit's growing urban core.

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 2685 Clairmount Street?

2685 Clairmount Street is listed at $125,000, or $76 per square foot.

How many bedrooms does 2685 Clairmount Street have?

This property has 4 bedrooms and 1.5 bathrooms, with 1,639 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 484-4696

Email: info@sonicrealty.com

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