Located on a beautiful tree-lined block in the highly sought-after Woodbridge neighborhood, this 4-unit property is a prime investment opportunity. Each unit features 1 bedroom and 1 bathroom, offering cozy living spaces perfect for tenants looking to be near the heart of Detroit. With its proximity to Wayne State University, Henry Ford Hospital, Detroit Medical Center, and vibrant local restaurants, shops, and parks, this property is a magnet for tenants.
Three of the four units are currently rented, generating a strong monthly income of over $4,000 when fully occupied. This property is ideal for investors seeking steady cash flow in a desirable area with high rental demand.
Don't miss this chance to own a multi-unit gem in one of Detroit's most thriving neighborhoods!
For sale
Price cut: $500 (4/16)
$524,500
1531 W Warren Ave, Detroit, MI 48208
4beds
5baths
--sqft
Est.:
2 to 4 Units
Built in 1911
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Beautiful tree-lined blockCozy living spaces
- 177 days
- on Zillow |
- 518 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: April 16, 2025 at 08:45am
Listed by:
Ishma Best 313-355-3004,
Prep Realty 313-855-7737
Source: MichRIC,MLS#: 24057122

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
Heating
- Forced Air
Cooling
- None
Features
- Basement: Full
- Number of fireplaces: 1
Property
Lot
- Size: 7,405.2 Square Feet
- Dimensions: 129 x 28
Details
- Parcel number: 08006042.
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 to 4 Units
Materials
- Brick
Condition
- New construction: No
- Year built: 1911
Utilities & green energy
- Utilities for property: Natural Gas Connected
Community & HOA
Location
- Region: Detroit
Financial & listing details
- Tax assessed value: $263,056
- Annual tax amount: $20,067
- Date on market: 10/31/2024
- Listing terms: Cash,Conventional,Contract
- Tenant pays: Water, Sewer
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