1531 W Warren Ave Detroit, MI 48208
Woodbridge NeighborhoodEstimated payment $3,184/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1911
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 57 x 130
Home Design
- Brick Exterior Construction
Basement
- Basement Fills Entire Space Under The House
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Connected
Community Details
- 4 Units
Listing and Financial Details
- The owner pays for trash collection, water, sewer
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $20,067 | $554,700 | $0 | $0 |
| 2024 | $20,067 | $474,400 | $0 | $0 |
| 2023 | $19,527 | $403,100 | $0 | $0 |
| 2022 | $21,097 | $238,600 | $0 | $0 |
| 2021 | $4,267 | $77,900 | $0 | $0 |
| 2020 | $4,266 | $72,900 | $0 | $0 |
| 2019 | $4,191 | $52,800 | $0 | $0 |
| 2018 | $3,697 | $49,600 | $0 | $0 |
| 2017 | $810 | $42,700 | $0 | $0 |
| 2016 | $1,830 | $203,100 | $0 | $0 |
| 2015 | $1,670 | $16,700 | $0 | $0 |
| 2013 | $1,972 | $19,723 | $0 | $0 |
| 2010 | -- | $28,916 | $1,171 | $27,745 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2025 11/12/25 | For Sale | $509,000 | 0.0% | -- |
| 01/24/2022 01/24/22 | Rented | $1,050 | -8.7% | -- |
| 12/23/2021 12/23/21 | Under Contract | -- | -- | -- |
| 08/25/2021 08/25/21 | For Rent | $1,150 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,100,000 | Michigan Title Ins Agcy Inc | |
| Warranty Deed | $675,000 | Multiple | |
| Quit Claim Deed | $300,000 | Multiple | |
| Interfamily Deed Transfer | -- | -- |
Source: MichRIC
MLS Number: 25057887
APN: 08-006042
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Information is deemed reliable but not guaranteed.
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