$124,900 for Sale

9327 cloverlawn, 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#: 60920562
City: detroit
Post Office: detroit
Schools: detroit city school district
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
Bedroom 1:  10x10
Bedroom 2 :  8x9
Bedroom 3:  16x14
Bedroom 4:  16x14
Kitchen:  9x6
Paved Road:  Paved Street
Garage:  1
Garage Description:  Detached Garage
Exterior:  Brick
Basement:  Yes
Basement Description:  Finished
Foundation :  Basement
Heating:  Hot Water
Fuel:  Natural Gas
Waste:  Public Sanitary
Watersource:  Public Water
Tax, Fees & Legal
Est. Summer Taxes:  $1,439
Est. Winter Taxes:  $142
Map


Information provided by East Central Association of REALTORS® Copyright 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Tenasia Hatch of Irongate Realty Group, Phone: 248-971-1222
(810) 240-4800 Call Jack Walker III for more information about this property.

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Listings Presented by:
Jack Walker III
Call:
(810) 240-4800

Office:
(810) 694-3333

This Single-Family Home located at
9327 cloverlawn, 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 rcomi60920562
9327 cloverlawn has 4 bedrooms, approximately 1,044 square feet. This home is in the detroit city school district school district and has a lot size of 40.00 x 123.00 with 0.11 acres and was built in 1945. 9327 cloverlawn is in detroit and in ZIP Code 48204 area.
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