2941 E WARREN Avenue Detroit, MI ^$ 900,000

2941 E WARREN Avenue

^$ 900,000

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2941 E WARREN Avenue

Detroit, MI, 48207

^$ 900,000

Studio Baths24.0 Sq 29,400

Monthly Estimate*

^$ 5,615

2941 E WARREN Avenue, Detroit, MI 48207 - Image 1

2941 E WARREN Avenue, Detroit, MI 48207 - Image 2

2941 E WARREN Avenue, Detroit, MI 48207 - Image 3

2941 E WARREN Avenue, Detroit, MI 48207 - Image 4

2941 E WARREN Avenue, Detroit, MI 48207 - Image 5

2941 E WARREN Avenue, Detroit, MI 48207 - Image 6

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2941 E WARREN Avenue, Detroit, MI 48207 - Image 8

2941 E WARREN Avenue, Detroit, MI 48207 - Image 9

Studio

Multi-Family Home for sale in Detroit, MI

for $900,000 with 24 full baths. This 29,400 square foot home was built in 1913 on a lot size of 0.28.

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

Multi-Family Active

Price

^$ 900,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,147

Style

Lot Size

0.28

Year Built

1913

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60362292

Features

General

Heating Forced Air

Possession At Close

Water Public Water at Street

Status Active Active

Full Baths 24

Half Baths 0

Bathrooms 24

Year Built 1913

Subdivision ADELE CAMPAU THOMPSON SUB (PLATS) MI

County Wayne

Class MULTIFAMILY

Type Multi-Family

Ownership Private

Municipality Detroit

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions Head West on E Warren from Mcdougall

City Detroit

School District Detroit City School District

Financial Terms Cash Conventional

Legal Description W MITCHELL 42-41 ADELE CAMPAU THOMPSON SUB L17 P7 PLATS W C R 11/103 58 X 102.2

DOM 335

Postal Code 48207

Price Per Sq Ft Total AG 30.61

Public Remarks 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

Exterior

Exterior Brick

Frontage 118

Lot Size Area 0.28

Lot Dimensions 118 x 102

Roads Paved Street

Waterfront Y/N No

Interior

Fireplace? No

Total Number of Units 24

Fuel Type Natural Gas

* Excluded Features

List By

Alex Lauer

Listing Agent

Clyde Realty Llc

Broker

alexclauer@gmail.com

Affordability Calculator

$5,710

Per Month

Monthly Principal & Interest: $5,615
Monthly Property Taxes: $96
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Detroit, MI

Average List Price ^$237,392

Percent of Sale Price 74%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

759604 Elementary School

760475 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/29/2025	$900,000	-18.18%	Price Down
1/2/2025	$1,100,000		Listed Price

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2941 E WARREN Avenue, Detroit, MI, 48207 is a Multi-Family Home for sale at $900,000 with 29,400 sqft and a lot size of 0.28. 2941 E WARREN Avenue is a studio with 24.0 baths and was built in 1913. The property's zip code is 48207 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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2941 E WARREN Avenue

Multi-Family Home for sale in Detroit, MI

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