5502 S Clarendon Street Detroit, MI ^$ 72,500

5502 S Clarendon Street

^$ 72,500

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5502 S Clarendon Street

Detroit, MI, 48204

^$ 72,500

Studio Baths2.0 Sq 2,540

Monthly Estimate*

^$ 446

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5502 S Clarendon Street, Detroit, MI 48204 - Image 8

5502 S Clarendon Street, Detroit, MI 48204 - Image 9

5502 S Clarendon Street, Detroit, MI 48204 - Image 10

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Studio

Multi-Family Home for sale in Detroit, MI

for $72,500 with 2 full baths. This 2,540 square foot home was built in 1923 on a lot size of 0.1.

Investment property with great potential. Each unit boasts over 1,250 square feet, Large living room and separate dining, private covered porches for each unit. Kitchen's have already been demoed so you can go back with cabinets to maximize usage. Already setup for forced air located in an up-and-coming area. Two car detached garage for both tenants Calculated ARV Over $180,000.00 Rent this property easily for $1,100-1,150.00 per unit once renovations are completed.

Multi-Family Active

Price

^$ 72,500

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 743

Style

Lot Size

0.1

Year Built

1923

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60971083

Features

General

Heating Forced Air

Possession At Close

Water Public Water Public Water at Street

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1923

Subdivision Addition To Dailey Park MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Net Income 0

Ownership Private

Municipality Detroit

Zoning Multi-Family

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Detroit (82001)

Primary City Detroit

Directions Just South of Joy Road and I-96 Freeway

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional FHA 203K

Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2029. N CLARENDON SO 344 ADDITION TO DAILEY PARK L31 P49 PLATS

DOM 1

Postal Code 48204

Price Per Sq Ft Total AG 28.54

Public Remarks Investment property with great potential. Each unit boasts over 1 250 square feet Large living room and separate dining

Exterior

Exterior Brick

Lot Size Area 0.1

Lot Dimensions 39X110

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 2

Fuel Type Natural Gas

* Excluded Features

List By

Jalen James

Listing Agent

Front Page Properties

Broker

jalentherealtor@gmail.com

Affordability Calculator

$508

Per Month

Monthly Principal & Interest: $446
Monthly Property Taxes: $62
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$247,382

Percent of Sale Price 241%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/21/2026	$72,500		Listed Price

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5502 S Clarendon Street, Detroit, MI, 48204 is a Multi-Family Home for sale at $72,500 with 2,540 sqft and a lot size of 0.1. 5502 S Clarendon Street is a studio with 2.0 baths and was built in 1923. The property's zip code is 48204 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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5502 S Clarendon Street

Multi-Family Home for sale in Detroit, MI

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