18230 Weaver Street, Detroit, MI 48228

Detroit
Local realty services provided by:ERA Prime Real Estate Group
18230 Weaver Street,Detroit, MI 48228
$989,900
  • - Beds
  • 17 Baths
  • 11,520 sq. ft.
  • Multi-family
  • Active
Listed by: bilal a hamie, tim muflihi
Office: re/max team 2000
MLS#:20261079920
Source:MI_REALCOMP

Price summary

  • Price:$989,900
  • Price per sq. ft.:$85.93

About this home

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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Home facts

  • Year built:1969
  • Subdivision & Development:EMERSON PARK
  • Listing ID #:20261079920
  • Added:3 day(s) ago
  • Updated:October 06, 2026 at 10:10 AM

Rooms and interior

  • Total bathrooms:17
  • Full bathrooms:17
  • Basement Description:Unfinished
  • Living area:11,520 sq. ft.

Heating and cooling

  • Heating:Other Heating Source

Structure and exterior

  • Year built:1969
  • Building area:11,520 sq. ft.
  • Lot area:0.53 Acres
  • Architectural Style:Common Entry Building
  • Construction Materials:Brick
  • Foundation Description:Basement, Block
  • Levels:Two

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$989,900
  • Price per sq. ft.:$85.93
  • Tax amount:$8,719
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