1531 W Warren Avenue
Detroit, MI 48208

More
Photos »

Tools & Resources:

Description

4-unit, 75% occupied, in highly desirable Woodbridge. All units are 1BR/1BA currently generating $3,065/month. 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.

Features

• Property Type: Multi Family Home
• Sub Type: 2 to 4 Units
• Listing Status: Active
• County/Area: Wayne County
• Zip Code: 48208
• Year Built: 1911
• School District: Detroit
• Units: 4 units
• Basement: Full, Yes, Yes
• Lot Size: 7405 sq ft lot
• Construction Materials: Brick
• Cross Street: Commonwealth
• Financial Available: No
• Heat Source: Natural Gas
• Heat Type: Forced Air
• Heating: Forced Air
• Lot Size Area: 0.17
• Lot Size Square Feet: 7405
• Lot Size Units: Square Feet
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Multi Family
• Number Of Buildings: 1
• Number Of Diff Unit Floor Plans: 4
• Owner Pays: Sewer, Trash Collection, Water
• Parcel Number: 08006042.
• Road Frontage: 58
• SEV: 554700
• Sewer: Public Sewer
• Street Type: Public
• Tax Annual Amount: 20241
• Tax Legal Description: E COMMONWEALTH 8 BLK 18 AVERY & MURPHYS SUB L9 P42 PLATS, W C R 8/52 57.93 X 130
• Tax Year: 2025
• Tenant Pays: Electricity, Gas
• Terms Available: Cash, Conventional, FHA, VA Loan
• Township: Detroit City
• Util Availat Street: Public Water
• Utilities: Natural Gas Connected
• Water Source: Public