18230 Weaver Street
Detroit, MI, 48228 $ 989,900
Bedrooms1 Baths17.0 Sq 11,520 Monthly Estimate*
$ 6,250
for $989,900 with 1 bedroom and 17 full baths. This 11,520 square foot home was built in 1969 on a lot size of 0.53.
17-UNIT MULTIFAMILY VALUE-ADD OPPORTUNITY IN DETROIT! NEAR-TURNKEY, EXTENSIVELY RENOVATED ASSET WITH MAJOR CAPITAL IMPROVEMENTS ALREADY COMPLETED, INCLUDING ROOF, WINDOWS, EXTERIOR, FRAMING, DRYWALL, PAINT, LVP FLOORING, AND ROUGH PLUMBING/ELECTRICAL. REMAINING WORK IS PRIMARILY FINAL MECHANICAL AND PLUMBING TRIM, INCLUDING FURNACES, WATER HEATERS, SINKS, FAUCETS, AND SHOWER DIVERTERS. ALL UNITS ARE INDIVIDUALLY SUBMETERED, HELPING REDUCE OWNER UTILITY EXPOSURE. PROPERTY TO BE DELIVERED VACANT, PROVIDING AN OPPORTUNITY FOR NEW OWNERSHIP TO EXECUTE A FRESH LEASE-UP STRATEGY AT CURRENT MARKET RENTS. PROPERTY ALSO PARTICIPATES IN THE DETROIT PILOT TAX ABATEMENT PROGRAM, SUBJECT TO PROGRAM TERMS. STRONG VALUE-ADD POTENTIAL WITH A CLEAR PATH TO STABILIZATION AND INCREASED CASH FLOW. BUYER TO VERIFY ALL INFORMATION, PERMITS, PILOT TERMS, UNIT DETAILS, AND PROJECTED RENTS. FOR MORE INFORMATION, CONTACT THE LISTING AGENT!
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FeaturesGeneralSewer PublicSewer
Heating OtherHeatingSource
Possession AtClose
Garage Spaces 0.0
Architectural Style CommonEntryBuilding
Pool Features None
Construction Materials Brick
Pets Allowed Yes
Year Built 1969
Levels Two
Property Subtype MultiFamily
County Wayne
Net Operating Income 0.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Subdivision Name EMERSON PARK
Garage Y/N N
Full Baths 17
Status Active
Directions S of Plymouth W of Southfield
City DetroitCity_Wayne
Disclosures ActualIncome TaxesNotHomesteadExempt
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial MultiFamily Residential
Number Of Units Total 17
MLS Area Area05034DetJoySchoolcraftGrnfldLimits
Lot Size Units Acres
Carport Y/N N
Number of Units Leased 0
Land Lease Y/N N
Tax Annual Amount 8719.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 29964
Expected Active Date 2026-10-02
Legal Description N E WEAVER 289 & 290 ALSO THAT PT VAC PORTIONS ORANGELAWN & ASHTON AVES ADJ SD LOTS EMERSON PARK SUB L55 P45 PLATS W C R 22/322 22 933.36 SQ FT
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InteriorBasement Unfinished
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 11520.0
Half Baths 0
Above Grade Finished Area Unit Type SquareFeet
Total Baths 17
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ExteriorWater Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 200x600
Lot Size Acres 0.53
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByBilal A HamieListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $6,250
- Monthly Property Taxes
- $727
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Detroit, MI
Average List Price $245,354
Percent of Sale Price 75%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/2/2026 | $989,900 | | Listed Price |