$189,000
18648 W Warren Avenue
Details
APN W22I000694S
Property Type Multifamily, Office
Sub Type Apartment Building, Executive Office
Square Footage 4,160
Units 2
NOI $24,000
Year Built 1935
Acreage 0.080
Multifamily | 2 Units
Marketing description
Prime Warrendale investment opportunity! This mixed-use commercial building features two retail units on the main level and two residential units upstairs, 3 bedroom and 2 bedroom, offering multiple potential income streams once renovated. Property is in need of a full remodel and is ideal for a savvy investor, builder, or owner/operator looking for a value-add project in Detroit’s 48228 market. Bring your vision and restore this building to its full potential. Seller may consider land contract terms with a strong down payment. Buyer/buyer’s agent to verify all information, zoning, use, measurements, and city requirements.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$24,000.00
$2,000.00/mo
Valuation Metrics
0
DSCR
12.7%
Cap Rate
12.7%
ROI
Map
Zoning
B4 CommercialGeneral CommercialGeneral Business District
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View all 267 uses
View all 267 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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