$900,000
$200K PRICE DROP

2941 E Warren Ave Detroit, MI 48211

Poletown East Neighborhood

Estimated payment $4,891/month

Total Views 11,370
-- Bed
24 Baths
29,400 Sq Ft
$31 Price per Sq Ft

Highlights

  • 0.28 Acre Lot
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

Introducing a rare opportunity to acquire 2941 East Warren, a historic four-story building located in the charming Poletown neighborhood of Detroit. This unique 29,400 square foot property, formerly the Banner Cigar Manufacturing Company, sits on 0.28 acres of land and is ideal for a stunning apartment or condominium conversion. Priced at $1,100,000, this property offers immense potential for redevelopment. Conveniently situated near major freeways and downtown Detroit, 2941 East Warren provides an excellent investment opportunity in a rapidly developing area. The sale also includes adjacent properties at 5013 & 5021 Mitchell, further enhancing its value. Don't miss the chance to own a piece of Detroit's history and shape its future. Property Sold AS IS BATVAI

Listing Agent

Alex Lauer

Clyde Realty LLC License #6501387117 Listed on: 01/02/2025

Co-Listing Agent

Ben Ness

Clyde Realty LLC License #6501394137

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,147

Year Built

  • Built in 1913

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 118 x 102

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 24 Full Bathrooms
  • 29,400 Sq Ft Home
  • Multi-Level Property
  • Unfinished Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 11003521.

Community Details

Overview

  • 24 Units
  • Adele Campau Thompson Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,147

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 4-10 Story
  • Year Built: 1913
  • State Equalized Value: 123400.0000
  • Year Renovated: 1913
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 24.00
  • Full Bathrooms: 24
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 29400
  • Total Sq Ft: 29400
  • Sq Ft Total Bsmt: 7350

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 118
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Source: Water at Street

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.28
  • Lot Dimensions: 118 x 102
  • Parcel Number: 11003521.
  • Zoning: Multi-Family, Multiple

Tax Info

  • Tax Amount Summer: 1147.0000
  • Total Tax: 1147.0000
  • Taxable Value: 123400.0000

Multi Family

  • Number Of Units Total: 24
  • Number of Loft Units: 24

MLS Schools

  • School District: Detroit

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $1,147 $130,600 $0 $0
2024 $1,147 $123,400 $0 $0
2023 $1,119 $115,800 $0 $0
2022 $2,169 $102,100 $0 $0
2021 $2,077 $97,800 $0 $0
2020 $2,070 $88,000 $0 $0
2019 $1,145 $73,400 $0 $0
2018 $988 $52,700 $0 $0
2017 $6,026 $11,300 $0 $0
2016 $3,345 $327,400 $0 $0
2015 $1,260 $12,600 $0 $0
2013 $1,345 $13,445 $0 $0
2010 -- $15,122 $2,075 $13,047
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2025 01/29/25 Price Changed $900,000 -18.2% $31 / Sq Ft
01/02/2025 01/02/25 For Sale $1,100,000 -- $37 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Warranty Deed $21,000 Title One Inc
Corporate Deed $35,000 None Available
Source: Public Records

Source: Realcomp

MLS Number: 20250000212

Realcomp

APN: 11-003521

Michigan Wayne County Detroit 48207 Poletown East

2941 E Warren Ave, Detroit, MI

This home is located at 2941 E Warren Ave, Detroit, MI 48211 and is currently priced at $900,000, approximately $30 per square foot. This property was built in 1913. 2941 E Warren Ave is a home located in Wayne County with nearby schools including Golightly Education Center, Charles L. Spain Elementary-Middle School, and Edward 'Duke' Ellington Conservatory of Music and Art.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Alex Lauer
Listing Agent
Alex Lauer
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Clyde Realty LLC
(313) 230-0510