Sold for $900,000

$900,000

22330 W Warren Ave, Redford, MI 48239

27beds

10,540sqft

Multi Family

Built in 1967

-- sqft lot

$945,300 Zestimate^®

$85/sqft

$1,170 Estimated rent

Home value

$945,300

$841,000 - $1.06M

$1,170/mo

Zestimate^® history

Owner options

List your home for rent

$1,170/mo

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$1,170/mo

Rent Zestimate^®

Refinance and save

$6,238/mo

Est. payment

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$6,238/mo

Est. payment

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What's special

Excellent opportunity to own and operate a 14 unit apartment building on the far west side of Detroit. An already well managed asset, this building falls on the immediate border of Redford and Dearborn Heights, and surrounding home values and rents contribute to a potentially bright future of appreciation. This property both cash flows now and has meat on the bones for rent increases that will lead to a higher NOI and ultimately a higher valuation as a result. Offering memorandum and rent roll available upon request.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 27
Bathrooms: 14
Full bathrooms: 14

Heating

Hot Water, Natural Gas

Features

Basement: Common,Unfinished
Has fireplace: No

Interior area

Total interior livable area: 10,540 sqft
Finished area above ground: 10,540

Property

Parking

Total spaces: 10

Features

Levels: Two
Stories: 2
Pool features: None

Lot

Size: 0.32 Acres
Dimensions: 140.00 x 100.00

Details

Parcel number: W22I000450C6
Zoning description: MultiFamily
Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Upper Lower Apartment
Property subtype: Multi Family

Materials

Brick
Foundation: Basement, Poured, Slab

Condition

New construction: No
Year built: 1967

Utilities & green energy

Sewer: Sewer At Street
Water: Public

Community & HOA

Community

Subdivision: FRISCHKORNS PARK VIEW (PLATS)

Location

Region: Redford

Financial & listing details

Price per square foot: $85/sqft
Tax assessed value: $271,200
Annual tax amount: $23,533
Date on market: 11/15/2024
Cumulative days on market: 70 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Price history

Date	Event	Price
3/14/2025	Sold	$900,000-9.5%$85/sqft
Source: Realcomp II #20240085714 Report a problem
1/24/2025	Pending sale	$995,000$94/sqft
Source: Realcomp II #20240085714 Report a problem
11/22/2024	Listing removed	$850
Source: Zillow Rentals Report a problem
11/15/2024	Listed for sale	$995,000+134.1%$94/sqft
Source: Realcomp II #20240085714 Report a problem
11/14/2024	Listed for rent	$850
Source: Zillow Rentals Report a problem
9/11/2024	Listing removed	$850
Source: Zillow Rentals Report a problem
7/17/2024	Listed for rent	$850-8.1%
Source: Zillow Rentals Report a problem
8/31/2022	Listing removed	--
Source: Zillow Rental Network_1 Report a problem
6/13/2022	Listed for rent	$925
Source: Zillow Rental Network_1 Report a problem
1/26/2018	Sold	$425,000$40/sqft
Source: Realcomp II #217052128 Report a problem