Detroit, MI 48208 1531 W Warren Avenue
$524,500
18 more
Presented By: Ishma Best at Prep Realty - (313) 855-7737
Home Details
Fully occupied 4-unit in highly desirable Woodbridge. All units are 1BR/1BA and leased, generating $4,105/month. No showings without an accepted offer. Seller Financing Offers must be at least 20% down and a 2 year balloon payment.
Located on a tree-lined street near Wayne State, Henry Ford Hospital, DMC, and downtown amenities. Strong rental demand in the area makes this a great opportunity for investors seeking consistent cash flow. Walkable to restaurants, shops, and parks. Turnkey property in a prime Detroit neighborhood.
Presented By: Ishma Best at Prep Realty - (313) 855-7737
Interior Features for 1531 W Warren Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
BasementFull
Basement (Y/N)Yes
Heating Y/NYes
Total Fireplaces1
General for 1531 W Warren Avenue
Additional Parcels Y/NNo
CityDetroit
Construction MaterialsBrick
CoolingNone
CountyWayne
DirectionsWarren and Trumbull
Electric On Property Y/NNo
HeatingForced Air
High School DistrictDetroit
Land Lease Y/NNo
Lease Renewal Y/NNo
Legal DescriptionE COMMONWEALTH 8 BLK 18 AVERY & MURPHYS SUB L9 P42 PLATS, W C R 8/52 57.93 X 130
Listing TermsCash, Conventional, Contract
Lot Size Square Feet7405.0
Lot Size UnitsAcres
MLS AreaWayne County - 100
MLS Area MinorWayne County - 100
MobileHomeRemainsYNNo
ModificationTimestamp2025-05-07T16:23:35Z
New ConstructionNo
Number Of Units Total4
Occupancy TypeTenant
OwnerPaysWater, Sewer, Gas
OwnershipPrivate Owned
PossessionClose Of Escrow
Property Subtype2 to 4 Units
Property TypeMulti Family
Rent Control Y/NNo
Senior CommunityNone
Standard StatusActive
StatusActive
Tax Annual Amount32939.0
Tax Assessed Value263056
Tax Year2024
Tenant PaysWater, Trash, Sewer
TownshipDetroit City
UtilitiesNatural Gas Connected
Year Built1911
Exterior for 1531 W Warren Avenue
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions57.93 X 130
Lot Size Acres0.17
Lot Size Area0.17
Number of Buildings1
Open Parking Y/NNo
SpaNo
Total Parking0.0
Waterfront Y/NNo
Additional Details
Price History
Mario Zarantenello
Broker
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