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    18250 Weaver St Detroit, MI 48228

    For Sale
    $2,650,000

    Colonial - Detroit, MI

    Property size:
    19,557 SF
    Lot size:
    0.89 Acres
    Days on Market:
    65
    Last Refresh:
    Dec 8 at 12:06 pm

    Property Features for 18250 Weaver St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial,Multi-Family
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    40
    APN
    W22I068255C61
    Parking
    50
    Interior features
    Utility Smart Meter
    Size
    19,557 SF
    Lot size
    0.89 Acres

    Utilities

    Heating system
    Electric (Heating), Space Heater

    Building Details

    Year built
    1969
    Floors in Building
    3
    Building materials
    Brick, Brick Veneer
    Architectural style
    Colonial

    Golden Key Realty Group LLC (734) 623-3132 [email protected]

    Listing agent Lila Mircholi (248) 422-6962

    Listing date Oct 5, 2025

    MLS# 20250033930 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Multifamily Investment Opportunity

    This is a fully remodeled, 40-unit multifamily property located in Detroit, adjacent to Dearborn Heights and minutes from major shopping districts. The property has been modernized with updated mechanicals and refreshed common areas. The property is fully occupied and represents a turnkey investment opportunity with top cap rate potential. The property is zoned for commercial and multi-family use and is situated on a lot of 0.89 acres. The building has a total area of 19557 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2188423
    Latitude
    42.3679217

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    FAQs

    What type of property is this?
    Apartment building - Fully occupied, remodeled 40-unit multifamily property in prime Detroit location.
    Where is this apartment building located?
    The property is located at 18250 Weaver St Detroit, MI.
    What is the asking price?
    The asking price for this property is $2,650,000.
    What are key features of this property?
    This property features: - Turnkey 40-unit multifamily asset, fully occupied.; - Prime Detroit location, minutes from shopping and adjacent to Dearborn Heights.; - Fully remodeled with modernized units, updated mechanicals, and refreshed common areas.
    (248) 422-6962
    Request Owner's contact information
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    Detroit, MI 48228
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18250 Weaver St Detroit, MI 48228
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