$70,000

3298 Clairmount Street, Detroit, MI 48206

2 baths |
2,208 sqft

Duplex
Built in 1922
3,485sqft lot
—— car garage
$32/sqft
Listed 7 months 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
Data Last Updated:: May 20, 2026 at 7:45AM
Listing Office:: Keller Williams Realty-Great Lakes : 586-541-4000
Listing Agent:: Erick Monzo : 586-808-6436
MLS ID:: 60940366

Basement: Block
Heating: Forced Air

General: BrickTwoBasement

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

Zoning: N CLAIRMOUNT 346 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 $
VA Funding Fee $

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