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2941 E Warren Ave, Detroit, MI, 48207

$1,100,000

Home List Price

$10,000*

Closing Credit

24 Full Baths
29,400 SqFt
$37/SqFt
Multi

Location

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2941 E Warren Ave, Detroit$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
Year Built1913
HeatingForced Air, Natural Gas
BasementYes
MLS #20250000212
Lot Size28.00 Acres
StatusActive

About 2941 E Warren Ave

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

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1913
  • Living Area: 29,400 SqFt

Listing Office:

  • Office Name: Clyde Realty LLC
  • Office Phone: (313) 974-1830
  • Listing Agent: Alex Lauer, Benjamin Ness

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 24

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 28.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Head West on E Warren from Mcdougall

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $37/SqFt

Tax Information:

  • Annual Amount: $2,596
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Detroit, MI.

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Detroit, MI

City

Med. Sold Price

$85.9K

Med. Price/SqFt

$68

Avg. Days On Market

46

# of Sold Homes

390

2941 E Warren Ave vs Detroit

4 DAYS ON ROCKET

-42 Days

$1,100,000

+$1.0M More

$37/SqFt

-$32 Less

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $32/SqFt less than other homes in Detroit, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20250000212

Listing Office:

  • Office Name: Clyde Realty LLC
  • Office Phone: (313) 974-1830
  • Listing Agent: Alex Lauer, Benjamin Ness

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/7/2025, 10:21:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 15, 2010Home Sold
$21,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,596$97,800
2020$1,097$88,000
2018$1,097$52,700
2017$3,997$11,300

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-883933
1
/10

  • University Preparatory Academy (PSAD) Elementary School

  • 957 Holden St

  • 1.40 miles

  • Public Charter Grades KG-5

school-card-donut-883934
2
/10

  • University Preparatory Academy Psad Elementary School

  • 435 Amsterdam St

  • 1.71 miles

  • Public Charter Grades KG-5

school-card-donut-883935
2
/10

  • Academy of the Americas at Logan

  • 3811 Cicotte St

  • 1.89 miles

  • Public District Grades KG-3

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,655. The most common annual income of people living in Detroit, MI is less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Wayne County›Detroit›48207›2941 E Warren Ave

This home is located at 2941 E Warren Ave in Detroit, MI and zip code 48207 in the Core City neighborhood. This 29,400 square foot home, which was built in 1913, sits on a 28.00 acre lot. Features: 24 bathrooms. It has been listed on Rocket Homes since January 02, 2025 and is currently priced at $1,100,000.

Over 91 listings were sold over their listed price in December 2024 in Detroit, MI. In the same period over 231 listings were sold below the listed price and 68 listings were sold for the listed price. The inventory of homes for sale in Detroit, MI between November 2024 and December 2024 increased by 0.2%. In December 2024 median list price was $85,917 and the average listing age was 46 days.

From Rocket Homes Real Estate and based on county public records data.

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