Active

1531 W Warren Avenue

Detroit MI, 48208

$650,000


Active

4 Beds

Multi-family

Built in 1911

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!

81024057122

MLS ID

October 30, 2024

Listed

December 17, 2024

Updated

Map

1531 W Warren Avenue
Detroit MI, 48208

Interior Features

Bedrooms

4


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.17 Acres

School Information

School District

Detroit

Other Property Details

Area Name

Det: Livernois-I75 6-Gd River


Taxes

$20,067


Tax Frequency

Annually


Days on Market

48


Garage

No


View

No


County

Wayne


Pool

No

Listing History

Date

Event

Price

12/17/2024

Price change

$650,000

-8%

 

Courtesy of Prep Realty

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Originating MLS:
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Data last updated 5:18 PM UTC, 12/17/2024

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