$70,000

3307 Clairmount Street, Detroit, MI 48206

2 baths |
2,208 sqft

Duplex
Built in 1922
3,485sqft lot
—— car garage
$32/sqft
Listed 1 month ago

Property Description

Fantastic Investment Opportunity â€“ Jamison Neighborhood, Detroit This rare bundle of four multi-family properties in Detroit's Jamison neighborhood is now available, offering excellent redevelopment potential with strong rental prospects. Included in the sale are: 3307 Clairmount, 3349 Clairmount, 3298 Clairmount, and 3318 Clairmount. Each property is configured as a 2-unit structure, with each unit featuring 2 bedrooms and 1 full bath. Combined, this package represents a substantial opportunity for an investor or developer to restore and reposition multiple income-generating assets within a growing rental market. Application Requirements: Interested buyers must submit a complete proposal package that includes: 1. Project Proposal â€“ Outline intended use of the structure and provide a renovation timeline. 2. Proof of Funds â€“ Current bank statement or lender pre-approval letter. 3. Scope of Work â€“ Detailed breakdown of renovation costs and improvements. 4. Proof of Previous Projects â€“ Provide addresses and photos of completed work to demonstrate experience. Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing.

Listing Status:: Active
Date Added:: September 27, 2025 at 05:00AM
Listing Office:: Keller Williams Realty-Great Lakes : 586-541-4000
Listing Agent:: Erick Monzo : 586-808-6436
MLS ID:: 60940365

Heating: Forced Air

General: BrickTwoBasement

Road/Access: Paved
Originating MLS: MiRealSource
School District: Detroit City School District
County: Wayne

Zoning: S CLAIRMOUNT 268 COONLEYS SUB L31 P30 PLATSW C R 12/173 34 X 100

Water: Public

Source: MiRealSource

This listing courtesy of Erick Monzo, Keller Williams Realty-Great Lakes

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
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Location

Schools Nearby

Keidan Special Education Center

4441 Collingwood St, Detroit, MI, 48204

Grades PK-8

0.72 miles away

Keidan Special Education Center

4441 Collingwood St, Detroit, MI, 48204

Grades PK-8

0.72 miles away

Central Academy and High School

2425 Tuxedo St, Detroit, MI, 48206

Grades 9-12

0.97 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.