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$509,000

  • For Sale
  • Active
  • Single Family
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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.

Full Property Details for 1531 W Warren Ave

General

  • Price: $509,000
  • Taxes: $20,241
  • Status: Active
  • Type: Single Family
  • Source: SWMRIC_MLS
  • MLS ID: 25057887
  • Updated: 11/12/2025
  • Added to Site: 67 day(s) ago

Location

  • Area: Wayne County - 100
  • County: Wayne
  • Cross Streets: Commonwealth

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air

Utilities

  • Utility Description: Natural Gas Connected

Structural Information

  • # Buildings: 1
  • Construction: Brick
  • Basement: Yes
  • Year Built: 1911

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Size (Sq. Ft.): 7,405
  • Lot Dimensions: 57 x 130

Financial Considerations

  • Tax Amount: $20,241
  • Terms: VA Loan, FHA, Cash, Conventional
  • Landlord Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electricity, Gas

Disclosures and Reports

  • Legal Description: E COMMONWEALTH 8 BLK 18 AVERY & MURPHYS SUB L9 P42 PLATS, W C R 8/52 57.93 X 130
  • Property ID: 8006042

Listed by Prep Realty, Ishma Best

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Listing agent

— 1531 W Warren Ave —

  • Ishma Best

    Prep Realty

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1531 W Warren Ave

School District:Detroit Public Schools Community District
NameGradesDistance
Burton International School
2001 Martin Luther King Junior Boulevard, Detroit, MI 48208
K-80.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1531 W Warren Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/12/2025
Listed
$509,000
-53.73%
MLS
3/10/2021
Sold
$1,100,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1531 W Warren Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$21,887
—
$554,700
17%
2023
$21,887
413%
$474,400
18%
2020
$4,266
-55%
$403,100
69%
2022
$9,425
301%
$238,600
206%
2020
$2,348
—
$77,900
7%
2020
$2,348
-44%
$72,900
38%
2019
$4,191
2%
$52,800
6%
2018
$4,110
1%
$49,600
16%
2017
$4,086
123%
$42,700
122%
2016
$1,830
1%
$19,200
15%
2015
$1,810
-9%
$16,700
-11%
2014
$1,982
-3%
$18,737
-5%
2013
$2,048
—
$19,723
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Prep Realty, Ishma Best

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1531 W Warren Avenue, Detroit, MI 48208 (MLS# 25057887) is a Single Family property with 0 bedrooms and 0 full bathrooms. 1531 W Warren Avenue is currently listed for $509,000 and was received on November 12, 2025. Want to learn more about 1531 W Warren Avenue? Do you have questions about finding other Single Family real estate for sale in Detroit? You can browse all Detroit real estate or contact a Coldwell Banker agent to request more information.

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