8264 Cloverlawn Street, Detroit, MI 48204

• 2 baths |
• 1,870 sqft

Property Description

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!

Listing Status:

Active

Date Added:

June 27, 2026

Data Last Updated:

July 5, 2026 at 2:45AM

Listing Office:

Prestige Realty Services LLC : 248-904-1974

Listing Agent:

Arnita Parham : 313-229-5556

MLS ID:

61006493

Interior

• Heating: Forced Air

Exterior

• Style: Tudor

Construction

• General: BrickBasement

Location

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

Lot

• Zoning: 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 PLATSW C R 18/375 35 X 103

Utilities

• Water: Public Water at Street
• Sewer: Public At Street

Financial

• Source: MiRealSource