8264 Cloverlawn Street Detroit, MI $ 75,000
8264 Cloverlawn Street
$ 75,000
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8264 Cloverlawn Street

Detroit, MI, 48204
$ 75,000
Baths2.0 Sq 1,870

Monthly Estimate*

$ 462

8264 Cloverlawn Street, Detroit, MI 48204 - Image 1
Studio

Multi-Family Home for sale in Detroit, MI

for $75,000 with 2 full baths. This 1,870 square foot home was built in 1929 on a lot size of 0.08.

Multi-Family Investment Opportunity Located just outside the desirable Aviation Subdivision on Detroit's west side, presents a strong value-add opportunity for investors seeking cash flow and long-term appreciation. This solid brick, two-unit multifamily property features two spacious two-bedroom apartments, each offering: Two, two-bedroom apartments equipped with: • Expansive living room with fireplace • Formal dining room • Functional kitchen layout • Full bathrooms •Two generously sized bedrooms The property retains classic architectural character and offers substantial upside potential. While it does require cosmetic updates, the structure itself is solid - making it an ideal light-rehab project for investors looking to build equity quickly. Additional features include a massive basement with two large, separate storage areas - one designated for each unit - providing added convenience for tenants and increased rental appeal. With current two-bedroom payment standards through Michigan State Housing Development Authority (MSHDA), is $1313 per two bedroom, this property has projected income of $2626 per month and $31, 512 per year. Presents a compelling opportunity for Section 8 or other housing assistance rental strategies. Whether you're expanding your portfolio or entering the multifamily market, this is a prime opportunity in a stable west-side Detroit location. THIS DEAL WILL GO FAST! ACT NOW!

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Multi-Family Active

Price

$ 75,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 818

Style

Tudor

Lot Size

0.08

Year Built

1929

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60969779

Features
General
Heating Forced Air
Possession At Close
Water Public Water at Street
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1929
Subdivision J W Fales MI
Style Tudor
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 20000
Municipality Detroit
Zoning Residential
Sale/Rent For Sale
Status Detail 0
Area Detroit (82001)
Primary City Detroit
Directions I-96 Freeway to Wyoming exit Wyoming to Joy Rd Joy rd. to Cloverlawn.
City Detroit
School District Detroit City School District
Financial Terms Cash
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2023. E CLOVERLAWN 453 J W FALES SUB L35 P25 PLATS W C R 18/375 35 X 103
DOM 5
Postal Code 48204
Price Per Sq Ft Total AG 40.11
Public Remarks Multi-Family Investment Opportunity Located just outside the desirable Aviation Subdivision on Detroit's west side
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Exterior
Exterior Brick
Lot Size Area 0.08
Lot Dimensions 35X103
Roads Paved Street
Waterfront Y/N No
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Interior
Fireplace? No
Total Number of Units 2
Fuel Type Natural Gas
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* Excluded Features
List By
Arnita Parham

Listing Agent

Prestige Realty Services Llc

Broker

NegotiatingDetroit@gmail.com

Email

Affordability Calculator

$530
Per Month
87%
13%
0%
Monthly Principal & Interest
$462
Monthly Property Taxes
$68
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
759604 Elementary School
760475 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/15/2026$75,000 Listed Price

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8264 Cloverlawn Street, Detroit, MI, 48204 is a Multi-Family Home for sale at $75,000 with 1,870 sqft and a lot size of 0.08. 8264 Cloverlawn Street is a studio with 2.0 baths and was built in 1929. The property's zip code is 48204 which is in Detroit, MI