#20251009420, Daniel P Mullan, Listing office: RE/MAX Classic
Property details
About 1531 W Warren Ave
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.
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
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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: 7/10/2025, 10:45:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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. Residents of Detroit, MI typically earn less than $<35k each year. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
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
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Frequently asked questions
About 1531 W Warren Ave
The listing price of 1531 W Warren Ave property is $524,500.
The property 1531 W Warren Ave is a multi located in Detroit, Michigan, 48208.
Active Listing: 1531 W Warren Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1531 W Warren Ave are: University Preparatory Academy (PSAD) Elementary School (GreatSchools Rating 1/10), University Preparatory Academy Psad Elementary School (GreatSchools Rating 2/10), Chrysler Elementary School (GreatSchools Rating 8/10), Edmonson Montessori (GreatSchools Rating 7/10), George Crockett Academy (GreatSchools Rating 2/10), Burton International Academy (GreatSchools Rating 2/10), Frederick Douglass Academy for Young Men (GreatSchools Rating 3/10), University Preparatory Academy Psad High School (GreatSchools Rating 4/10), Legacy Academy (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $4,265 (source: MLS/based on county public records data).
The last sale was on March 12, 2021 for $1,100,000 (source: MLS/tax record).
The year of construction for 1531 W Warren Ave is 1911.
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.
In June 2025 more than 79 listings in Detroit, MI were sold above the asking price. During the same period more than 74 listings were sold at asking price, while more than 144 were sold below. The number of listings in Detroit, MI increased by 16.7% between May and June 2025. In June 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $92,746.
From Rocket Homes Real Estate and based on county public records data.