$124,900 for Sale

9327 cloverlawn street, detroit, MI 48204

Beds 4 Baths 3 1,044 Sqft 0.11 Acres 1 of 19
Property Description
Investor Special: 10%+ Cap Rate, Tenant in Place, Immediate Cash Flow Solid cash-flowing asset in Detroit’s resurging West Side. This spacious 1,750 sq ft bungalow is currently bringing in $1,675/month in rent, with a long-term tenant on a month-to-month lease who prefers to stay. That means income from day one, with flexibility to reposition or raise rents over time. 10% Cap Rate gives a strong return on your investment! Key investor highlights: 4 bed / 2.5 bath layout ideal for long-term rental demand Tenant pays utilities, minimizing owner expenses Month-to-month lease = flexibility without vacancy risk Room to improve cash flow with minor updates or rental increases Proximity to Joe Louis Greenway adds long-term value The home itself offers character and charm with functional updates: A private en-suite primary upstairs, three main floor bedrooms (one with its own private entrance), a finished basement, large backyard, and a detached garage round out this turn-key package. **Homes with this square footage, location, and income potential rarely come at this price. Do not disturb tenant. Showings after accepted offer. BTVAI.
General Information
Sale Price: $124,900
Price/SqFt: $120
Est. Payments: $820*
Status: Active
MLS#: 20251019379
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Subdivision: m-p-c mayflower (plats)
Acres: 0.11
Lot Dimensions: 40.00 x 123.00
Bedrooms:4
Bathrooms:3   (2 full, 1 half)
House Size: 1,044 sq.ft.
Acreage: 0.11 est.
Year Built: 1945
Property Type: Single Family
Style: Bungalow
Features & Room Sizes
Paved Road:  Paved
Garage:  1 Car
Garage Description:  Detached, Driveway
Construction:  Brick
Exterior:  Brick
Basement:  Yes
Basement Description:  Finished
Foundation :  Basement
Heating:  Hot Water
Fuel:  Natural Gas
Waste:  Public Sewer (Sewer-Sanitary)
Watersource:  Public (Municipal)
Tax, Fees & Legal
Home warranty:  Yes
Est. Summer Taxes:  $1,439
Est. Winter Taxes:  $142
HOA fees:  0
Legal Description:  W CLOVERLAWN 293 M P C MAYFLOWER SUB L54 P14 PLATS, W C R 18/445 40 X 123
Map


IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2025 Realcomp II Ltd. Shareholders Listing By: Tenasia Hatch of Irongate Realty Group, Phone: (248) 971-1222
(989) 980-7087 Call Rick Keeler for more information about this property.

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This Single-Family Home located at
9327 cloverlawn street, detroit MI, 48204
is currently for sale. This property is listed for $124,900.
For Sale | $124,900 | 4 Bed, 3 Bath | 1,044 Sq Ft MLS ID rcomi20251019379
9327 cloverlawn street has 4 bedrooms, approximately 1,044 square feet. This home is in the detroit school district and has a lot size of 40.00 x 123.00 with 0.11 acres and was built in 1945. 9327 cloverlawn street is in detroit and in ZIP Code 48204 area.
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