$5,344 Closing Credit¹
#20240093763, Dejanae Blunt, Jan Dijkers, Listing Office: Berkshire Hathaway HomeServices The Loft Warehouse
$524,500 List price
1531 W Warren Ave Detroit, MI 48208
$6,228
Closing credit¹
0.2 acres
Multi-Family
Property details
About 1531 W Warren Ave
Fully occupied 4-unit in highly desirable Woodbridge. All units are 1BR/1BA and leased, generating $4,105/month. No showings without an accepted offer. 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.
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Lot size0.17 Acres
Year built1911
MLS #81025020132
Summary
- Basement: Yes
- Heating: Forced Air, Natural Gas
- List Price: $524,500
- Annual Tax Amount: $4,265
- Tax Year: 2024
- Directions: Warren and Trumbull
- Year Built: 1911
- Lot Size: 0.17 Acres
- MLS Number: 81025020132
- MLS Name: Greater Metropolitan Association of REALTORS
- Office Name: Prep Realty
- Office Phone: (313) 855-7737
- Listing Agent: Ishma Best
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2025, 11:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$524,500
1531 W Warren Ave
$6,228
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 12, 2021 | Home Sold | $1,100,000 |
| Apr 22, 2016 | Home Sold | $675,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $474,400 | $4,265 |
| 2023 | $403,100 | $4,265 |
| 2022 | $238,600 | $2,348 |
| 2021 | $77,900 | $2,348 |
| 2020 | $72,900 | $4,110 |
| 2018 | $49,600 | $4,110 |
| 2017 | $42,700 | $4,086 |
History based on county public records data.
Nearby schools
1
University Preparatory Academy (PSAD) Elementary School
Public Charter KG-5
0.7 mi
•957 Holden St
2
University Preparatory Academy Psad Elementary School
Public Charter KG-5
1.0 mi
•435 Amsterdam St
8
Chrysler Elementary School
Public District KG-5
2.5 mi
•1445 E Lafayette St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,530. Typical income of Detroit, MI residents is less than $<35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
47%
<35k
43%
35k-100k
10%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
73%
Single, No Kids
13%
Single, with Kids
9%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
4%
12-17 yrs old
35%
18-34 yrs old
42%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
Burlington
H&M
Foot Locker
Where do the neighbors go to eat?
White Castle
Boston Market
Popeyes
What do the neighbors drive?
Kia
Honda
Nissan
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
$10,000 Closing Credit¹
#20250013242, Jan Dijkers, Jerome Huez, Listing Office: Berkshire Hathaway HomeServices The Loft Warehouse
$10,000 Closing Credit¹
#20250024214, Bill Swanson, Listing Office: OConnor Realty Detroit, LLC
$10,000 Closing Credit¹
#20250000212, Alex Lauer, Benjamin Ness, Listing Office: Clyde Realty LLC
$2,968 Closing Credit¹
#20240083623, Catherine Cotton, Listing Office: Century 21 Curran & Oberski
$10,000 Closing Credit¹
#20250009859, Ali Hassan Berry, Listing Office: Own It Realty
This home is located at 1531 W Warren Ave in Detroit, MI and zip code 48208 in the Jeffries neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 7, 2025 and is currently priced at $524,500.
While more than 93 listings in Detroit, MI in April 2025 were sold above asking price, there were more than 85 listings sold at asking price, and more than 216 were sold below. Between March and April 2025, Detroit, MI real estate market has seen increase in the number of listings by 13.4%. The median list price of listings available in April 2025 was $90,000, while the average time on the real estate market was 47 days.
From Rocket Homes Real Estate and based on county public records data.